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Woodland Park reports slight year-to-date dip in sales and lodging tax collections
Summary
City finance staff reported that February 2025 sales tax collections left Woodland Park down 0.3% year to date and that lodging tax receipts were significantly lower year to date.
City staff reported to the Woodland Park City Council on April 17 that February 2025 sales tax collections were down year to date, and lodging tax receipts remain sharply lower.
Finance staff member Erin presented the sales tax update, reporting $1,156,144 received year to date and noting February showed a 5.5% decline compared with the same month last year (about $32,000). "This is the first month I've been here since August 2021 that I have seen us down year to date," Erin said.
Erin attributed some of the variability to broader economic trends and to local factors such as a remodel at a large retail store that may have affected February activity. She also reported lodging tax was down about 35% year to date and 42% for February specifically.
Councilors discussed whether price normalization after the recent inflationary period or the retail remodel could explain the decline and noted the city will continue to monitor sales and lodging tax receipts going forward. No formal action was required; the report was accepted for the record.
