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Section III: Finance
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Description

Fee

Returned Check Fee

$25.00

Credit Card Convenience Fee

3.00%

Use Tax – Levied on 50.0% of the Total Valuation of the Project

3.75%

Sales Tax – Collected by State of Colorado on Behalf of Parachute

3.75%

Excise Tax

5.00%

Lodging

Lodging Tax Rate

5.50%

(Res. 2021-23 §2 (Exh. A), 2021; Amended Res. 2021-26 §5 (Att. B), 2021; Amended Res. 2022-32 §5 (Att. B), 2022; Amended Res. 2023-32 §5 (Att. B), 2023)