Monday, March 12, 2007

Silverthorne Sales Taxes Climb

Silverthorne ended 2006 on a financially positive note, with year-to-date sales tax numbers coming in 12.5 percent higher than in 2005.

The town collected $7,899,155 in sales tax in 2006 compared with $7,019,374 the year before, according to a sales tax report released by the town.

The final figure was about $60,000 higher than where the town expected to finish the year, said town finance director Donna Braun.T

his is the second consecutive year of strong growth in Silverthorne, after the town suffered setbacks in sales tax collections when City Market moved to Dillon in 1998, and again when the national economy weakened following 9/11.

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