Buena Vista sales tax returns attributable to May are up 11.48% over last year, according to a report from town treasurer Michelle Stoke.

Stoke reported that the town brought in $295,075 in sales tax in May this year during the COVID-19 shutdown. Those returns are 7.2% over the budgeted revenue for this year.

The last time Buena Vista recorded a year-to-year decrease in sales tax returns in a month was in August 2018, when returns were 2.3% less than that month in 2017.

That trend has continued into 2020 so far, despite early concerns of how the COVID-19 pandemic and the shutdown policies aimed at limiting the virus’s spread would impact the summer tourist season.

April grew by 6.6% between 2019 and 2020, an albeit modest increase even as Colorado’s social isolation orders were at their most strict.

March, the month when COVID-19 was declared a pandemic, improved year-to-year by 8.3%.

Thanks to big bumps in January and February, year-to-date sales tax returns are 23.71% higher than during the same period last year and 18.95 over what was anticipated in the 2020 budget.

Stoke reported that sales tax from remote sellers accounted for 21% of the total returns attributable to May.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.