About 40 Colorado Springs manufacturers have signed a letter asking the city to reduce, rebate or eliminate the sales-and-use tax for manufacturing equipment. [...]
Colorado Springs sales-and-use tax collections are up in the first two months of 2012, higher than the first two months of 2011. Overall, collections are 6.9 percent higher than at this time last year, according to the collections report released by the city Tuesday. In February, the city reported that sales and use tax was [...] [...]
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 [...] [...]
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 [...] [...]