Posted on February 25, 2019 at 10:54 AM by Ryne Dittmer
The money you spend shopping, dining and playing in Parker has a direct impact on your local government’s ability to provide the great services and amenities on which you, your friends and family rely.
Sales tax is the Town of Parker's main source of revenue, accounting for more than 80 percent of the Town’s revenue collection each year. The total sales tax rate in Parker is 8%, of which the Town receives 3%. Of Parker’s 3%, 2.5% is distributed to the General Fund and 0.5% is designated for the Parks and Recreation Fund. Of the remaining 5%, the State of Colorado receives 2.9%, Douglas County receives 1%, Regional Transportation District (RTD) receives 1%, and Scientific and Cultural Facilities District (SCFD) receives 0.1%.
Parker’s sales tax revenue provides funding for police protection and public safety; road and traffic enhancements and improvements; parks, trails and recreation facilities; cultural performances and classes, community events and more.
To help keep your local economy strong and keep your tax dollars local, we encourage you to Choose Parker! Did you know that when you make a $100 purchase in Parker at an independent, local store, $48 stays in your community (including payroll, goods/services purchased, profits spent local by owners, and charitable contributions)? A chain restaurant/store located in Parker keeps $14 local, while only $1 of a $100 online purchase comes back to Parker.
So, before you hop online or head out of our community to shop, do some research and see what you can purchase locally. Visit the Town’s online business directory to see what’s here!
Additional Resources:
Choose Parker Campaign Website
Town of Parker Budget
Open Budget Parker Website
Made in Parker Business Spotlight Blog
Sales Tax and Use Rates