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Posted on May 10, 2018 at 9:25 AM by Ryne Dittmer
The announcement of the Town’s recent budget reduction due to Parker’s decreased rate of sales tax growth generated several great questions, comments and discussions within our community regarding Town finances. Since we received quite a few inquiries, we’ve compiled a Q&A to make it easy to access and review all of the answers in one place. We appreciate everyone’s engagement on this topic and we’ll be sure to keep you informed about future plans. You may read the original post here.
How much sales
tax does Parker receive?
total sales tax rate in Parker is 8%, of which the Town receives 3%. Of the
remaining 5%, the State of Colorado receives 2.9%, Douglas County receives 1%,
RTD receives 1%, and SCFD receives 0.1%. Sales tax accounts for approximately
87% of all taxes collected by the Town.
Parker Sales Tax Rates Within RTD: