But the economic impact, estimated as high as $200 million for the region when the multiplier affect is factored in, is still being debated.
In September, Denver collected $30.86 million in sales tax, 0.98% less than the $31.16 million in September 2001. However, the sales tax revenues had been dropping by an average of 4% this year, so that is an improvement.
And the city collected $2.184 million in lodgers tax, up 10.43% from the $1.978 million in October 2001.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.