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El Paso County CFO: sales tax nearly flat year to date, other revenues offset shortfall
Summary
Chief Financial Officer Nikki Simmons told commissioners sales and use tax collections through June were essentially flat year‑to‑date, leaving the county roughly $1.9 million behind budget so far; higher interest revenue and stronger recording fees have offset the gap so far and staff say the county does not recommend cuts currently.
El Paso County Chief Financial Officer Nikki Simmons told the Board of County Commissioners on Tuesday that sales and use tax collections through June 2025 were effectively flat compared with the prior year, leaving the county slightly behind the budgeted forecast but overall in a stable financial position.
Simmons said sales and use tax — which fund roughly 60% of the county’s unrestricted operating budget — were essentially unchanged year to date (about +0.02%), and that the county saw a 0.67% decline for the month of June. She noted differences between retail-collected sales tax and use taxes tied to automobile purchases and building materials: vehicle use tax was down about 2.2% year to date, while building-materials use tax saw a strong month (up about 37% in July…
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