Tuesday, February 8, 2011

Metro Regional Sales Tax Up 8% in 2010

At least consumer spending is beginning to recover in metro Denver. The total sales tax revenue in the seven-county metro area is up 7.8 percent in 2010 above 2009.

A one-percent of sales tax produces $400 million in the region, which RTD collects. A 7.8 percent increase is good news for the municipalities, special districts and a few counties of the region that depend on sales tax for general funds and specific projects, such as transportation, recreation and culture.

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