Dillon, CO
Home Town MenuFinance
The Finance Department is responsible for:
Financial Reporting
Preparation of monthly financial statements and annual financial reports in accordance with Generally Accepted Accounting Principles (GAAP)
Accounts Payable
Processing accounts payable. The Town of Dillon is exempt from sales tax.
Sales Taxes
All businesses that sell retail merchandise or provide taxable services are required to obtain a State of Colorado sales tax license and a Town of Dillon Business License.
December 7, 2016: Notice of Sales Tax Rate Increase
Retail sales inside the Town limits are taxed at a rate of 8.875%, comprised of:
- Colorado State Tax 2.90%
- Summit County Tax 2.00%
- Summit County Transit Tax 0.75%
- Town of Dillon Tax 2.50%
- Summit Housing Tax 0.725%
The Colorado Department of Revenue collects the tax on behalf of the Town of Dillon. All State, County, and Special District (Summit Combined Housing Authority) sales taxes should be remitted to the State of Colorado on a State sales tax return form. Colorado Business Registration forms, CR0100, instructions and contact information for the Colorado Department of revenue are available on the state's website, www.TaxColorado.com.
Lodging Tax
All businesses providing short-term lodging (less than 30 consecutive days) in the Town of Dillon must collect the 8.875% sales tax and a 6% lodging tax. The lodging tax is remitted directly to the Town of Dillon. Beginning July 1, 2023 short-term rental properties will be subject to an excise tax of 5%.
Lodging Tax Forms must be filled out out on MUNIREVS Dillon (munirevs.com) regardless of whether any income was generated. Remittance forms are due by the 20th of the month for the preceding month. If the business is required to file their sales tax on a quarterly basis, they may also file their lodging tax quarterly. The payments are then due by the 20th of the month following the end of the Quarter
Accounts Receivable
Payroll
Preparation of payments to employees.
Financial Planning
Preparation of the Town's biennial budgets and 5-year capital plans.
Annual Budget Report
Dillon Urban Renewal Authority 2023 Budget
2017 Dillon Urban Renewal Authority Budget
Hard copies of all financial reports are available by contacting the Finance Department at 970-262-3404 or 275 Lake Dillon Drive.
Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.
Windows Media Player
Word Viewer
Excel Viewer
PowerPoint Viewer
