The city’s Finance Department has released sales tax information for May, June and July. Vendors report and submit tax collections to the state in the month after the reporting period closes, and the city receives them the month after that.
In May, Manitou Springs saw $13,606,395 in taxable sales, a slight increase from the $13,459,882 of May 2021.
When looking at vendor types, May 2022 sales compared to May 2021:
- Amusements/bars increased by 3.3 percent;
- Stores (food, gas) dropped by 4.7 percent;
- Shops/gifts dropped by 6.3 percent;
- Other in city (includes marijuana outlets, which are taxed at 11.4 percent) dropped by 6.7 percent;
- Motels dropped by 4.5 percent;
- Restaurants were up by 4.6 percent; and
- Outside city increased by 27.3 percent.
In June, Manitou saw $17,884,893 in taxable sales, a drop from the $18,636,642 of June 2021.
Vendor types, June 2022 compared to June 2021:
- Amusements/bars increased by 1.4 percent;
- Stores (food, gas) dropped by 11.3 percent;
- Shops/gifts dropped by 5 percent;
- Other in city dropped by 6.1 percent;
- Motels increased by 1 percent;
- Restaurants dropped by 1.9 percent; and
- Outside city dropped by 5.9 percent.
In July, Manitou saw $18,880,092 in taxable sales, compared with $19,667,887 in July 2021.
Vendor types, July 2022 compared to July 2021:
- Amusements/bars dropped by 3.6 percent;
- Stores (food, gas) dropped by 7 percent;
- Shops/gifts dropped by 4.7 percent;
- Other in city dropped by 8.7 percent;
- Motels increased by 8.1 percent;
- Restaurants increased by 0.1 percent; and
- Outside city dropped by 10.5 percent.
As of July 31, Manitou has had $92,393,280 in taxable sales this year, compared with $91,552,850 in Jan. 1-July 31, 2021.
The collections include “quarterly reporting” and “annual reporting” vendors and payment of previous delinquencies, causing some distortion of monthly sales.