Steve McFarland is the Town’s Director of Finance; Steve is the Towns accountant and manages the Towns finances.
Randy Repola is the Towns Administrator; Randy manages the operation of the Town departments and Town employees.
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The following are quotes from monthly sales tax reports as published by the Trail Gazette.
January 2005
The 2004 year-to-date total climbed towards $5.9 million in November and, with the previous year topping out at $6.17 million, 2004 figures already lead by 1.5 percent.
“We landed pretty comfortably for a non-ski destination,” Repola said.
February 2005
With the exception of 2002, annual sales tax revenues have enjoyed steady growth year after year. Following year-over-year totals pattern, revenues in 2004 stepped up two percent from the $6.1 million reported in 2003.
March 2005
Rounding out the big four, was the general merchandise group at $35,012 for January – a bump up from the $32,684 reported for the same month last year.
April 2005
Estes Park trends reveal as the weather warms, sales tax revenues climb, typically peaking in July and then gradually falling each month for the rest of the year.
May 2005
Town finance officer Steve McFarland. “Economic indicators lead me to believe it’s going to be an interesting summer. I think it will be a decent year—at least as good as last year, hopefully better.”
June 2005
In town, April sales tax revenues soared nearly nine percent over the same month last year. Figures were reported at $291,689 for the month, compared to $267,675 in April 2004.
July 2005
“As January through April historically only represents about 18 percent of the collections for the year, it’s still too early to make any meaningful predictions,” said Estes Park Town finance officer Steve McFarland. “However, we are pleased that the long-term numbers are still trending upwards, in a very sustainable growth pattern” said Town finance officer Steve McFarland.
August 2005
“We believe that there is still ample reason for optimism that 2005 will continue to track with 2004,” said Steve McFarland, Town finance officer. “One of our challenges with sales tax revenues is that the information is not available until 45 days after the fact. We are trying to identify leading indicators so that we can react more quickly to the economic opportunities and challenges presented by the sales tax income stream.”
September 2005
Tracking receipts over the most recent 12 months, Town officials said the method shows sales tax revenues are running at an all-time record pace, totaling $6.3 million over the past 12 months.
October 2005
Tracking receipts over the most recent 12 months, Town officials said sales tax revenues are at an all-time record pace, totaling $6.45 million over the past 12 months. With 81 percent of the financial year complete, Town staff is hopeful that 2005 will continue to outperform 2004, McFarland said.
November 2005
Sales tax climbs
Continuing the upward trend for the fourth consecutive month, Estes Park sales tax receipts for October rang in above last year, enjoying a 4.7 percent increase over October 2004.
December 2005
Record summer revenues helped push Estes Park sales tax figures over $6.4 million in 2005.
January 2006
Sales tax figures for 2005 were following an upward trend that began in July, when receipts topped a record $1,071,743, and continued to near nine and ten-percent gains in August, September and October. The 2005 year-to-date total climbed towards $6.02 million in November, putting sales tax receipts ahead of 2004 by approximately two percent.
February 2006
After welcoming the new year with record high January figures, Estes Park sales tax revenues continue to grow at an unprecedented pace.
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Randy Repola, Town Administrator and Steve McFarland, Finance Director, and the Trail Gazette month after month - quote after quote - confirm what we all know, that there is no longer a need in Estes Park for the Estes Park Urban Renewal Authority. The purpose for an Urban Renewal Authority is to revitalize a slum area or to recover from a natural disaster.
In the words of Randy, Steve and the Trail we are setting sales tax records. Why would we need to go through the very costly ($50,000.00 to $100,000.00) “blight study” process? We are setting records for Gods Sakes!
Randy Repola is the Towns Administrator; Randy manages the operation of the Town departments and Town employees.
---
The following are quotes from monthly sales tax reports as published by the Trail Gazette.
January 2005
The 2004 year-to-date total climbed towards $5.9 million in November and, with the previous year topping out at $6.17 million, 2004 figures already lead by 1.5 percent.
“We landed pretty comfortably for a non-ski destination,” Repola said.
February 2005
With the exception of 2002, annual sales tax revenues have enjoyed steady growth year after year. Following year-over-year totals pattern, revenues in 2004 stepped up two percent from the $6.1 million reported in 2003.
March 2005
Rounding out the big four, was the general merchandise group at $35,012 for January – a bump up from the $32,684 reported for the same month last year.
April 2005
Estes Park trends reveal as the weather warms, sales tax revenues climb, typically peaking in July and then gradually falling each month for the rest of the year.
May 2005
Town finance officer Steve McFarland. “Economic indicators lead me to believe it’s going to be an interesting summer. I think it will be a decent year—at least as good as last year, hopefully better.”
June 2005
In town, April sales tax revenues soared nearly nine percent over the same month last year. Figures were reported at $291,689 for the month, compared to $267,675 in April 2004.
July 2005
“As January through April historically only represents about 18 percent of the collections for the year, it’s still too early to make any meaningful predictions,” said Estes Park Town finance officer Steve McFarland. “However, we are pleased that the long-term numbers are still trending upwards, in a very sustainable growth pattern” said Town finance officer Steve McFarland.
August 2005
“We believe that there is still ample reason for optimism that 2005 will continue to track with 2004,” said Steve McFarland, Town finance officer. “One of our challenges with sales tax revenues is that the information is not available until 45 days after the fact. We are trying to identify leading indicators so that we can react more quickly to the economic opportunities and challenges presented by the sales tax income stream.”
September 2005
Tracking receipts over the most recent 12 months, Town officials said the method shows sales tax revenues are running at an all-time record pace, totaling $6.3 million over the past 12 months.
October 2005
Tracking receipts over the most recent 12 months, Town officials said sales tax revenues are at an all-time record pace, totaling $6.45 million over the past 12 months. With 81 percent of the financial year complete, Town staff is hopeful that 2005 will continue to outperform 2004, McFarland said.
November 2005
Sales tax climbs
Continuing the upward trend for the fourth consecutive month, Estes Park sales tax receipts for October rang in above last year, enjoying a 4.7 percent increase over October 2004.
December 2005
Record summer revenues helped push Estes Park sales tax figures over $6.4 million in 2005.
January 2006
Sales tax figures for 2005 were following an upward trend that began in July, when receipts topped a record $1,071,743, and continued to near nine and ten-percent gains in August, September and October. The 2005 year-to-date total climbed towards $6.02 million in November, putting sales tax receipts ahead of 2004 by approximately two percent.
February 2006
After welcoming the new year with record high January figures, Estes Park sales tax revenues continue to grow at an unprecedented pace.
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Randy Repola, Town Administrator and Steve McFarland, Finance Director, and the Trail Gazette month after month - quote after quote - confirm what we all know, that there is no longer a need in Estes Park for the Estes Park Urban Renewal Authority. The purpose for an Urban Renewal Authority is to revitalize a slum area or to recover from a natural disaster.
In the words of Randy, Steve and the Trail we are setting sales tax records. Why would we need to go through the very costly ($50,000.00 to $100,000.00) “blight study” process? We are setting records for Gods Sakes!
The Town employees and Trail always forgets this so the Estesparkian will do what is appropriate here:
Congratulations Estes Park Businesses and Thank You!
Why would the Town want to “Blight You”?
