Sales Tax Update

Sales and use taxes collected in January are the basis for the February report. Payments received in February are predominately from January sales but also include delinquent collections from prior periods.

• Net Taxable Subject to Sales Tax: $198.7 million, an increase of 3.4 percent compared with February 2013
• Keep Fort Collins Great collections: $1.73 million
• Net Taxable Subject to Use Tax:$39 million, an increase of 10.3 percent compared with February 2013
• Building Permit receipts: Increased 2.7 percent compared with February 2013
• Sales Tax Licenses: The City issued 274 new sales tax licenses for businesses and 83 businesses terminated their licenses in February. There were 11,020 active sales tax licenses at the end of February.
• National Sales: January retail sales rose 2.6 percent compared with the Fort Collins increase of 3.4 percent.

Read the full report at fcgov.com/salestax/salesreport.php.