Premium content

October sales tax revenue up nearly 14 percent

Posted

October sales tax collections increased by nearly 14 percent compared to last year’s figures, according to reports released Dec. 9 by Archuleta County Finance Director Chad Eaton.

Eaton notes the Town of Pagosa Springs and Archuleta County received a total of $1,718,686.22 from October tax revenues, with $859,248.46 going to the town and $859,437.76 going to the county.

The 13.83 percent increase from last year accounts for an additional $226,368.658, according to the report, which highlights the categories that are up in comparison to October 2023, including:

• Construction at 39.65 percent, or $16,338.10.

• Retail trade at 18.26 percent, or $162,368.38.

• Information at 6.26 percent, or $1,634.25.

• Finance and insurance at 35.44 percent, or $638.76.

• Real estate and rental and leasing at 14.89 percent, or $5,596.82.

• Accommodation and food services at 8.77 percent, or $28,668.53.

• Other services (except public administration) at 44.19 percent, or $11,271.09.

• Miscellaneous at 10.18 percent, or $21,117.85.

According to the report, categories that were down in comparison to October 2023 were:

• Manufacturing at 23.82 percent, or $16,164.56.

• Professional, scientific and technical services at 39.02 percent, or $5,100.54.

garrett@pagosasun.com