Sales tax collections continue to rise in the Grand Valley, a reflection of increased retail activity.
The City of Grand Junction reported a 9.4 percent increase in sales and use tax collections for July compared to the same month last year. Mesa County reported an 8.7 percent year-over-year increase. Meanwhile, city lodging tax collections rose 6.6 percent on more hotel and motel stays in Grand Junction.
Since reports lag a month behind, tax collections for July reflect sales and lodging activity in June.
Both the city and county numbers extend what’s been in upward trend in tax collections over the past three years.
The City of Grand Junction collected a total of almost $5.3 million in sales and use taxes in July. That’s an increase of nearly $456,000 over the same month last year. Sales tax collections rose 8.7 percent, more than offsetting a 6.8 percent decline in use tax collections, a more volatile and far smaller source of revenue that reflects activity in the construction and energy sectors.
The latest numbers bring year-to-date sales and use tax collections for the city to almost $32.8 million. That’s an increase of more than $2.6 million and 8.7 percent over the same seven-month span in 2017. Sales tax collections rose 7.8 percent, while use tax collections slipped 1.8 percent.
Mesa County collected a total of more than $3.3 million in sales and use taxes in July, an increase of nearly $267,000 over the same month last year. Sales tax collections rose 7.9 percent. Use tax collections, most on automobiles purchased outside the county but used in the county, jumped 16.7 percent.
Tax collections on retail sales increased 12.7 percent. Collections also increased on the sales of automobiles and construction and home improvement supplies, but fell in the telecommunications sector.
Through July, Mesa County collected a total of nearly $21 million in sales and use taxes, a gain of more than $2.1 million and 11.5 percent. Sales tax collections increased 10.7 percent, while use tax collections rose 19.5 percent.
Year-to-date county tax collections on retail sales rose 6.9 percent. Tax collections also increased on the sales of automobiles, construction and home improvement supplies and restaurant meals.
Grand Junction lodging tax collections totaled $197,785 in July. That’s an increase of $12,585 and 6.8 percent over the same month last year. Through the first seven months of 2018, lodging tax collections totaled $821,257. That’s an increase of $55,528 and 7.3 percent over the same span in 2017.