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• Manitou sales drop after Waldo Canyon fire Play Video

  September 12, 2012 8:35 PM

  New numbers from the city of Manitou Springs show summer sales tax revenue is way down, and experts in the 'biz' blame the Waldo Canyon fire. Business owners felt the burn of the Waldo Canyon fire long after the flames died down. "It really impacted the business, the customers... more »

• Holiday sales tax considered for Colorado

  February 8, 2012 7:56 AM

  DENVER (AP) - Clothing and school supplies would be tax-free during an annual Colorado "sales tax holiday" under consideration in the Colorado House. The bill would make Colorado the 17th state to waive sales taxes on back-to-school items for a short period each year. Colorado's proposal would set the holiday... more »

• Medical marijuana industry bringing in sales tax dollars

  January 12, 2012 12:35 AM

  After just less than three years of business in the City of Colorado Springs, the medical marijuana industry says they're doing pretty well. "We're seeing good, steady growth." says shop owner Scott Saunders. He and his partner own two medical marijuana dispensaries in town, including MC Caregivers near Academy and... more »

• Medical marijuana industry growing

  January 11, 2012 10:42 PM

  We're speaking with the city and local Colorado Springs medical marijuana businesses tonight. From 2010 to 2011 the industry posted a growth in sales taxes collected of 45%. We'll have that story tonight on News 5 at 10. more »

• City of Pueblo faces bleak budget outlook

  August 9, 2011 4:52 PM

  It's been a rough economic week nationwide and now there are new signs our local economy is worsening. Sales tax revenues are declining in Pueblo and there are projections the city will have to cut $7 million from next year's budget. Pueblo's sales tax revenues hit their lowest mark... more »

• Sales tax collections up slightly

  April 12, 2011 7:42 PM

  Sales tax collections for February in Colorado Springs were up slightly from last year. The city finance office reported tax collections increased by .83 percent from a year ago. Tax collections for the first two months of the year are up 2.4 percent when compared with last year at... more »

• Half-cent sales tax question before Pueblo voters

  October 14, 2010 2:14 PM

  This election, voters in Pueblo will decide whether to extend the city's half-cent sales tax. News First 5 is taking a closer look at Question No. 2C on the Pueblo ballot. Here's how it works right now: When you make a purchase in Pueblo the city collects an extra half-cent... more »

• Colorado Springs hits new high in pot tax revenue

  October 8, 2010 8:21 AM

  The city of Colorado Springs is reporting a record monthly high of nearly $57,000 in sales tax revenue from medical marijuana. The Gazette reports that sales of marijuana and marijuana-infused products generated $56,991 in tax revenue in August, a nearly 12 percent jump from July. So far this... more »

• Medical pot brings in money, but how much?

  August 24, 2010 11:02 PM

  The growing medical marijuana business is bringing money into local government. How much is relative. After Governor Bill Ritter announced a plan Monday to use $9 million dollars from the state's Medical Marijuana Program Cash Fund (paid by patients to receive a medical marijuana card) to help balance next... more »

• Woodland Park voters turn down sales tax increase

  April 6, 2010 11:17 PM

  Unofficial results are in from the Woodland Park municipal election. Voters have overwhelmingly rejected a one-cent sales tax hike, with 423 votes for it and 1,695 votes against it. The increase would have funded a new recreation center and pool, near City Hall, at a cost of $14 Million.... more »

• City of Pueblo faces hardships in 2010

  March 5, 2010 5:13 PM

  The City of Pueblo is dealing with money woes, that could impact services. January's sales tax revenues fell -1.1% from the same time a year ago. "Housing starts are down, commercial construction is down, that's the lion's share of that use tax money that comes in," said Jerry Pacheco, City... more »

• New tax bills introduced at Colorado Capitol

  January 23, 2010 10:01 AM

  A dozen proposals to raise about $150 million in new tax revenue have been introduced at the state Capitol. The bills introduced Friday are part of Gov. Bill Ritter's previously announced plan to balance the state budget. One would charge sales tax on candy and soda to raise about... more »

• City leaders say Pueblo should avoid lay-offs, furloughs

  November 10, 2009 2:58 PM

  The City of Pueblo's economic forecast is looking a bit brighter these days, thanks in part to a summer hail storm that caused nearly $106 million in damages. "The hail damage was absolutely a blessing in disguise," said Vera Ortegon, Pueblo's City Council President. Over the past several months, auto... more »

• Fremont County voters say no to sales tax increase

  November 3, 2009 7:29 PM

  One of the major issues in Fremont County was Question 1A. It was asking for a half-cent sales tax increase to go to public safety. Voters turned down the measure by 356 votes: 5,884 "no" votes to 5,528 "yes" votes. Fremont County Sheriff Jim Beicker says his department has... more »