February - 2010 Edition: Some information may be out of date.
Sales Tax update
December sales tax collections, based on retail sales in November 2009.
The next sales tax report will be released on Feb. 22, 2010.
$4,978,292 a decrease of 0.4% compared to December 2008. The December collections are $143,000 lower than the amount expected according to the sales tax seasonal patterns.
At the national level, December collections increased 2.2% compared to the decrease in Fort Collins' sales of 0.4%.
$798,931 in December. Collections decreased 17.8% compared to December 2008. The City is behind budget projections for the month by $1,451,364 when compared to historical data.
Receipts decreased 16.4% compared to December 2008.
Residential Permits pulled:
46 remodels, 24 new construction. In December 2008, there were 39 remodels, 2 new construction.
Commercial Permits pulled:
23 remodels, 0 new construction permits. The same numbers occurred in December 2008, there were 22 remodels, 0 new construction permits.
Sales Tax License:
104 applications for new licenses and 140 businesses terminated their license in December. This is a seasonal phenomenon; as the Sales Tax office sends out notices to file year-end taxes, many businesses that have closed during the year report the termination of licenses. This leads to a negative amount of net licenses each December.