Idaho Springs’ May sales-tax revenue was down 17.5 percent from last year, and Georgetown’s was down 12 percent.
Idaho Springs saw about a 20 percent drop in revenue between March 2019 and March 2020, although this April was about 5.5 percent better than last April, City Clerk Diane Breece said.
Thanks to strong winter revenues, the city has a year-to-date total of $1.476 million, which is about $9,000 ahead of its revenues at the same time last year.
Georgetown’s May 2020 revenues were about $8,000 less than its May 2019 revenues, Town Administrator Kent Brown said. May 2019 saw about $67,000 in revenues, and this May, it was $59,000.
Brown and Police Judge Lynette Kelsey said at the July 14 Board of Selectmen meeting that the loss wasn’t as big as the town anticipated.
Kelsey said she was curious to see how the town’s June numbers would look.
Both municipalities will receive their June sales tax figures in early August.