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Sales tax collections in Colorado mountain communities were very high for year 2016, where it is said that visitors and locals spent a significant amount of money. This is now the fourth year in a row that the community’s economy has been seeing a positive outlook, where the high country keeps on shattering its own records, performing better than budget expectations. Resort communities that have mountain cottages like Aspen, Crested Butte, Steamboat Springs, and Winter Park have notable tax collections so far.
What does the sales tax imply? Well, it only shows that there was a number of skier visits to Colorado. This often follows better resort revenues and an increased number of tourists too. Reports show that Colorado recorded a number of 13 million skier visits from 2015 to 2016 and while it is still too early to tell, some are already expecting that 2016-2017 will show better results.
The collected revenue is used by the government in moving the people as the place is currently experiencing congestion although there is no mention if mountain cottages for rent are included in this dilemma. A $1.5 million pedestrian project complete with heated sidewalks is underway, which could encourage people to take a stroll. In addition, they will also have a second trolley to strengthen its new service. The town leaders also took into consideration the possibility of facing tough times, where they set aside about $8 million in the bank.
For those who want to catch Colorado in its snow season that ends in May, you can now grab cheap accommodation deals at HomeAway. Do expect that the ski towns can be very busy during winters. If you want to check out Colorado during the summer, the state is also bustling with visitor during this season. However, head of Visit Telluride says that they are expecting growth where October and May offer the best opportunities.
