Fraser sees 20 percent drop in sales tax
March 23, 2009
January sales tax collection numbers are in for Winter Park and Fraser.
Winter Park saw a 12 percent drop in sales tax receipts compared to the same time last year. Fraser saw a 20 percent drop.
Fraser Finance Manager Nat Havens was unsure what caused Fraser to drop so much more than Winter Park in January.
“We have seen a large exodus of trades people,” he said at last week’s Board of Trustees meeting, “and the number of seasonal workers is down. That’s the only thing I can pinpoint.”
Another factor, he said, could be that locals are driving to Denver to shop since gas prices are low.
In January 2008, Fraser collected $186,263 in sales taxes. In January this year, the town collected $154,114, a difference of 20.86 percent.
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“It’s a little disconcerting to see that kind of drop,” he said.
Havens said a true indication of the town’s financial state will be more clear after all numbers are in for February and March.