Marijuana sees largest sales tax collection growth in February compared with 2018
STEAMBOAT SPRINGS — February sales tax collections in the city of Steamboat Springs were up 5.8% compared with the same month in 2018, according to a report from the city.
The city’s collection of $2.69 million is its largest February collection to date.
Sales tax collections were up more than 8% in the marijuana, miscellaneous and utilities categories. Restaurants, lodging and grocery also saw increases in collections. Construction was the only category that saw a decrease in collections at 0.31%.
Sales tax collections by area saw double-digit increases in West Steamboat and regional Steamboat. The catch-all regional area includes collections that do not fall within another collection area as well as from businesses that don’t have a fixed location.
All other areas — including downtown, U.S. Highway 40 and the mountain area — saw growth, as well.
Pot sales are up in Eagle County and statewide, but cannabis is still a small piece of the local and state budget pictures.