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Take it to the ballot: Raise funds via tourism

The local Lodgers and Automobile Rental Tax (LART) for Colorado Springs raises around $4 million annually, a total that has decreased slightly the past several years, with the exception of last year.  According to the city’s 2014 budget, income from LART was $3.955 million in 2011, $3.936 million the following year and $4.023 million in… Continue Reading Take it to the ballot: Raise funds via tourism

The city’s Lodging and Automobile Rental Tax fund has been on the books since 1980, supported by a 2-percent tax on hotel rooms and a 1-percent levy on automobile rentals in Colorado Springs. The purpose of the LART tax, according to the city’s 2013 budget, is “to attract visitors and enhance the economy of the… Continue Reading Business Alliance angles for a bigger chunk of LART

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Let’s make the most of LART

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For years, Colorado Springs quietly has collected and utilized the revenues from a Lodgers and Automobile Rental Tax. By comparison with other cities our size and larger, we’ve never turned the LART tax into a gold mine, charging only 2 percent for lodging and just 1 percent for car rentals in addition to the usual… Continue Reading Let’s make the most of LART

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CVB hopes to reinvigorate LART with two new grants

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For the first time this year, sales tax collections in Colorado Springs are down. But tourism officials are speedily working to get travelers to the city this fall to make up for summer losses during the Waldo Canyon fire. July’s sale taxes were down nearly 4 percent from the same time last year; but the… Continue Reading CVB hopes to reinvigorate LART with two new grants

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Hotels saw the biggest leap in sales tax collected in October over the previous month, according the city’s October sales and use tax report. Hotels saw a 20.9 percent increase in tax collections. The Lodger’s and Auto Rental Tax collection was up 11 percent over last October, which really represents all of the activity through… Continue Reading Springs’ sales and use tax collections slightly higher than projected

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Summer events keep city’s general fund healthy

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August – the month of the USA Pro Cycling Challenge race – proved to be a good month for spending in Colorado Springs. People came and spent money in restaurants and hotels, both sectors that had the largest increases in tax collections this August over last August. Restaurants collected $1.6 million in sales taxes, a… Continue Reading Summer events keep city’s general fund healthy

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July was hot for tourism in Colorado Springs

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July was a hot month for tourism in Colorado Springs and for city coffers, which collected record-breaking amounts in lodging taxes. City officials reported in a monthly tax collection report that the hotel industry showed a large percentage increase – 22 percent — in July 2011 over last July. Overall, the combined sales and use… Continue Reading July was hot for tourism in Colorado Springs

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Lodging Association votes down LART-increase idea

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The Pikes Peak Lodging Association board of directors has voted unanimously to oppose any increase in the Lodgers and Automobile Rental Tax, or LART. “We do not believe that the business climate is receptive to any type of increase,” Steve Ducoff, president of the PPLA, said in a press release. “More importantly, an increase in… Continue Reading Lodging Association votes down LART-increase idea

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Perhaps now they wish they would have pushed harder. I’m talking about any of the various business interests in town that are scrambling to find a venue for their expositions and conferences now that the Phil Long Expo Center is closing its doors. Finding adequate space isn’t their only issue. Just try asking The Broadmoor’s… Continue Reading Let’s increase the hospitality tax and build a convention center

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Hospitality tax back on tourism agenda?

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After a couple of rough years, the hospitality industry hopes that 2011 will be a recovery year. It’ll also be the year that Doug Price takes over as head of the Colorado Springs Convention & Visitors Bureau. Although it’s too soon to know what Price will do, one of his concerns is funding, which has… Continue Reading Hospitality tax back on tourism agenda?

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