Content Tagged As tax_revenue
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Reports Point to Improving Economy on Local Level Play Video
February 13, 2013 9:57 AM
Encouraging signs that the Colorado Springs economy is improving are found in an important benchmark, sales and use tax revenue, an indicator of how much money people are spending. The latest results released Tuesday are the best since before the recession in 2007. From consumer spending to building homes,... more » -
Tax revenues up in Colorado
July 6, 2011 10:48 PM
DENVER (AP) - The Colorado Municipal League says sales tax revenue increased an average of 6.5 percent across the state during the first four months of this year compared to the same time span last year. The organization says in a survey released Wednesday that 62 percent of cities and... more » -
Pueblo's tax revenues fall for 4th consecutive year
February 8, 2011 7:40 PM
Bad economic news for Pueblo, the city's tax revenues have fallen for the fourth year in a row. Last year's tax revenues were $40 million, which is down close to $2 million since 2007. The city's finance director says sales tax revenues have remained relatively flat. Worse, tax collected... more » -
Medical Marijuana Tax Revenues May Restore Some City Services
October 24, 2010 6:02 PM
COLORADO SPRINGS, Colo. (AP) - Colorado Springs officials say sales tax revenue from medical marijuana could help pay for a new police unit to monitor the business. The Gazette of Colorado Springs reported Sunday that medical marijuana sales taxes are bringing in about $50,000 a month for the city. That... more » -
Colorado Springs hits new high in pot tax revenue
October 8, 2010 8:21 AM
The city of Colorado Springs is reporting a record monthly high of nearly $57,000 in sales tax revenue from medical marijuana. The Gazette reports that sales of marijuana and marijuana-infused products generated $56,991 in tax revenue in August, a nearly 12 percent jump from July. So far this... more » -
Economy: Oil cleanup both bonanza and bust
August 27, 2010 8:19 AM
An Associated Press analysis finds some places have done pretty well since the Gulf oil spill while others have been hit by a double-whammy. The worst offshore oil spill in U.S. history has spurred something of an economic boom in some communities where cleanup operations are based. But other... more » -
City leaders say Pueblo should avoid lay-offs, furloughs
November 10, 2009 2:58 PM
The City of Pueblo's economic forecast is looking a bit brighter these days, thanks in part to a summer hail storm that caused nearly $106 million in damages. "The hail damage was absolutely a blessing in disguise," said Vera Ortegon, Pueblo's City Council President. Over the past several months, auto... more » -
Sunday sales credited for alcohol tax revenue hike
November 9, 2009 9:29 AM
An industry group says Colorado's alcohol tax revenues have increased 6 percent since Sunday liquor sales took effect last year. New state figures show that tax revenue from spirits, beer and wine generated through liquor store sales grew to $36.3 million from $34.3 million from July 1, 2008, through June... more »
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