HomeMy WebLinkAboutMemo - Mail Packet - 8/3/2021 - Memorandum From Clay Frickey Re: Cumulative Tax And Fees In Fort Collins Compared To Colorado Communities
Economic Health Office
300 LaPorte Avenue
PO Box 580
Fort Collins, CO 80522
970.416.2170
970.224.6107 - fax
fcgov.com
MEMORANDUM
DATE: July 26, 2021
TO: City Council
THROUGH: Darin Atteberry, City Manager
Kyle Stannert, Deputy City Manager
Jackie Kozak-Thiel, Chief Sustainability Officer
Josh Birks, Economic Health and Redevelopment Director
FROM: Clay Frickey, Redevelopment Program Manager
RE: Cumulative lodging tax and fees in Fort Collins compared to Colorado
communities
This memo is in response to questions from City Council related to the cumulative taxes and fees for
lodging establishments in Fort Collins if the Tourism Improvement District passes on second reading
(August 4, 2021) and goes into effect. The chart below shows how the cumulative taxes and fees for
lodging establishments in Fort Collins would compare to other Colorado communities upon adoption of
a Tourism Improvement District. The Fort Collins total tax/fee column includes the 3% fee from the
Tourism Improvement District.
Destination Budget Lodging Tax Rate
Total Levy on
Rooms
Assessment Rate or
Flat Fee
Visit Denver $38,000,000 10.80% 14.75% 1%
Visit Grand Junction $2,890,000 6.00% 14.02%
Alamosa CVB $739,620 5.90% 13.90% Visit Fort Collins with
TID $1,293,582 3.00% 13.55% 3%
Ouray Tourism Office $634,188 3.50% 12.95%
Telluride Tourism $2,300,000 2.00% 12.65%
Visit Aurora $4,065,000 8.00% 12.50%
$2.00 Flat Fee per
Room
Boulder CVB $2,021,315 7.50% 12.49%
Snowmass Tourism $7,200,000 2.40% 12.40%
Visit Pagosa Springs $800,000 4.90% 11.80%
Pueblo Chamber $655,000 4.30% 11.70%
Visit Durango $1,212,954 5.25% 11.65% Steamboat Springs
Chamber $850,000 3.00% 11.40%
Destination Budget Lodging Tax Rate
Total Levy on
Rooms
Assessment Rate or
Flat Fee
Aspen Chamber
Resort Association $2,900,000 2.00% 11.30% Visit Glenwood
Springs $1,019,242 2.50% 11.10%
Breckenridge
Tourism Office $5,682,000 3.40% 10.90% Manitou Springs
Chamber $675,719 2.00% 10.73%
Visit Estes Park $3,001,283 2.00% 10.70% Visit Fort Collins
without TID $1,293,582 3.00% 10.55%
Visit Longmont $461,000 2.00% 10.52% Visit Colorado
Springs $4,862,747 2.00% 10.25%
Visit Loveland $1,107,524 3.00% 9.70% Gunnison/Crested
Butte $2,300,000 4.00% 9.00% Chaffee County
Visitors Bureau $586,050 1.90% 8.50% Grand County
Tourism Board $683,669 1.90% varies
With the inclusion of the 3% Tourism Improvement District fee, Fort Collins would have the fourth
highest total levy on rooms in Colorado. Without the 3% Tourism Improvement District Fee, Fort
Collins has the sixth lowest total levy on rooms. Some