The seven county Denver Metro sales tax revenue increases of recent years (2020 was COVID year) have flattened out.
Population growth declined dramatically except for Douglas County over the last census period (2020 July to 2023 July) after more than a decade of steady increase. What other factors may be impacting regional sales tax revenue have not been reported yet? This may be a return to a more common average of 3 to 4 percent annual increase.
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Sales Tax Slowdown (October 20, 2023)
1 comment:
Demonstrating why we need a 3-legged tax stool: property, income, sales.
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