Sales tax collections, a key measure of retail activity, continue to increase on a year-over-year basis in Grand Junction.
Use and lodging tax collections also increased in November compared to the same month last year, the City of Grand Junction reported. November reports reflect October sales.
The city collected more than $5 million in sales taxes in November, the latest month for which reports are available. That’s an increase of nearly $236,000 and 4.9 percent for the same month last year.
The city also received more than $950,000 as its share of sales tax Mesa County collects and distributes back to municipalities, an 8.3 percent increase.
The city collected more than $99,000 in use taxes, a smaller and more volatile revenue source. That’s a 30.1 percent increase over a year ago.
The city collected another $1 million in sales and use taxes earmarked for public safety and first responders.
Through 11 months of 2022, the city collected more than $58.7 million in sales taxes. That’s a gain of more than $5.3 million and 9.9 percent over the same span in 2021.
The city received nearly $9.8 million in additional sales taxes from the county, an 11.5 percent increase.
The city also collected more than $1.4 million in use taxes, a 37.2 percent gain.
Year-to-date sales and use tax collections topped what was budgeted by 6.5 percent.
In addition, the city collected more than $11.7 million in sales and use taxes allocated to public safety and first responders.
Lodging tax collections, a measure of hotel and motel stays, continue to trend upward on a year-over-year basis.
The city collected nearly $490,000 in lodging taxes in November, a 35.2 percent increase over the same month a year ago. The November report reflects hotel and motel says in October.
Through the first 11 months of 2022, the city collected almost $4.5 million in lodging taxes, a 27.8 percent gain over the same span in 2021.