Colorado: Local Sales Tax Rate Changes, June 2014
- Sales Tax Rate Changes
- May 23, 2014 | Gail Cole
Two home-rule cities in Colorado have announced upcoming sales tax rate changes.
Town of Gypsum
The sales tax rate in the Town of Gypsum will drop to 3%, effective June 1, 2014. A 1% sales tax created to cover the costs of a new recreation center will be terminated due to the certification that “all such costs have been satisfied or canceled.”
The combined rate of sales tax for Gypsum will be 7.4%:
- 3%, Town of Gypsum;
- 1.5%, Eagle County; and
- 2.9% Colorado state sales tax rate.
City of Montrose
Beginning June 1, 2014, all sales tax licensees in the City of Montrose must collect a new 0.3% sales tax, created to raise funds for the Montrose Recreation District (MRD). This special tax is slated to expire June 1, 2039.
The combined sales and use tax rate for the City of Montrose will be 7.95%:
- 3.30%, City and MRD;
- 1.75%, Montrose County; and
- 2.9%, state of Colorado.
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