Town of Silverthorne

What Town of Silverthorne does

Town of Silverthorne is a Home Rule municipality in Summit County, Colorado, operating under a council-manager form of government since the Home Rule Charter was adopted on April 5, 1994. The town serves its residents, local businesses, and visitors through a comprehensive set of municipal services organized into Police, Community Development, Public Works, Finance and Administrative Services, and Recreation departments, supported by 51-100 staff across facilities at Town Hall (601 Center Circle), the new Police Department (251 West Fourth Street), and the expanding Recreation Center (430 Rainbow Drive).

The town's service portfolio spans public safety, building permits and planning, water and sewer utilities (transitioning to monthly billing in January 2026), short-term rental licensing with neighborhood-specific caps, parks/open space/recreation/trails programming funded by the 1998 voter-approved 2% lodging tax, arts and cultural programming (First Fridays, Theatre SilCo, public art installations), and workforce housing initiatives in partnership with Summit Combined Housing Authority. Digital service delivery runs on third-party platforms including SmartGov for permits, Xpress Bill Pay for utility/tax payments, and ViewPoint Cloud for special events.

Revenue is generated through a diversified municipal tax and fee structure: a 2% retail sales tax, an 8% lodging tax on hotels and short-term rentals, a 1% Real Estate Transfer Assessment (RETA) on certain property transfers, business and short-term rental licensing fees scaled by bedroom count ($150-$500), tobacco licensing ($500/year), utility billing for water and sewer, and Town Hall facility rentals. The town has earned 19 consecutive GFOA Distinguished Budget Presentation Awards and GFOA Certificates of Achievement for Excellence in Financial Reporting in 2023 and 2024, reflecting disciplined financial operations. Recent strategic moves include the January 2026 acquisition of the Silver Inn (a 30-room mountain hotel), a new Police Department facility opened in May 2026, and ongoing Recreation Center expansion.

Name

Town of Silverthorne

Legal name

Town of Silverthorne

Website

https://silverthorne.org

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Town of Silverthorne is a Home Rule municipality in Summit County, Colorado, providing municipal services including public safety, community development, utilities, recreation, and short-term rental regulation to its residents, local businesses, and visitors, funded primarily through sales tax, lodging tax, and licensing fees.

Ownership category

akta.pro rank

Product category

Municipal Government Services

NAICS

Police Protection (922120), Nature Parks and Other Similar Institutions (71219)

SIC

Services-Services, Nec (8900), Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Parks, Recreation & Cultural Services (BPAIACAI)

akta.pro secondary industries

Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Municipal government services
• Building permits licensing
• Utility billing administration
• Public recreation programs
• Community development planning

Headquarters

HQ city

Silverthorne

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. Sales Tax: Town of Silverthorne collects a 2.0% sales tax on retail sales inside town limits. Combined retail sales tax rate is 8.375% including state, county, and other local taxes.
2. Lodging Tax: Hotels, motels, bed & breakfasts, property management companies and homeowners who short-term lease must collect an 8.0% lodging tax, remitted directly to the Town of Silverthorne.
3. Short-Term Rental License Fees: Fees for short-term rental licenses range from $150 for studios to $500 for six or more bedrooms. Licenses are required for all short-term rental properties.
4. Real Estate Transfer Assessment (RETA): 1% of consideration paid on transfer of property in certain developments, established to fund amenities, services, parks, trails, recreation, arts, cultural activities, infrastructure and capital improvements.
5. Business Licenses: Required for all businesses conducted within town limits, as well as businesses not physically located within town limits but sending employees to sell, repair, or deliver merchandise and/or provide services to residents.
6. Utility Billing: Water and sewer services billed to residents and businesses. Transitioning from quarterly to monthly billing in January 2026.
7. Tobacco License: Annual tobacco licenses required at $500/year.
8. Disposable Bag Fees: $0.10 fee per single-use carryout bag under Colorado's Management of Plastic Products Act, with 40% to business and 60% to municipality.

Pricing tiers

Distribution channels5 records

Marketing channels7 records

Core offering

The Town of Silverthorne is a Home Rule municipal government delivering public services to residents, businesses, and visitors within Silverthorne town limits in Summit County, Colorado. Core services include building permits and community development, short-term rental licensing, business and tobacco licensing, water and sewer utility billing, sales and lodging tax collection, municipal court services, public safety via the Silverthorne Police Department, recreation programs at the Silverthorne Recreation Center, arts and culture programming at Theatre SilCo and Silverthorne Pavilion, and workforce housing initiatives.

Product overview

The Town of Silverthorne operates as a municipal government offering a comprehensive suite of public services through both in-person and digital channels. The town's digital presence includes an online services portal utilizing third-party platforms (SmartGov Community for permits, Xpress Bill Pay for payments, ViewPoint Cloud for special events) alongside physical facilities including the Silverthorne Recreation Center, Silverthorne Pavilion, and Theatre SilCo. Core service offerings encompass community development and building permits, short-term rental licensing, tax collection, utility billing, court services, public records requests, and facility rentals. The town also provides recreation programs, workforce housing initiatives, and arts/cultural venues for community engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Town Government Services Portal Digital portal providing access to municipal services including permits, licenses, utility billing, court payments, and public records through online platforms. Available to residents, businesses, and visitors of the Town of Silverthorne.
• Silverthorne Recreation Center Year-round recreation facility at 430 Rainbow Drive offering fitness programs, adult sport leagues, Storm Gymnastics Team, Tsunami Swim Club, and personal training services. Available to Silverthorne residents and visitors.
• Community Development Services Building permits, planning, zoning, and code enforcement services for residential and commercial development within town limits. Serves property owners, builders, developers, and businesses operating in Silverthorne.
• Tax Collection Services Collection of 2.0% sales tax (on retail sales within town limits), 8.0% lodging tax (on hotels, motels, B&Bs, property management companies, and short-term rentals), 1% Real Estate Transfer Assessment (RETA), and various licensing fees. Serves all businesses operating within Silverthorne town limits.
• Short-Term Rental Licensing Annual licensing program for short-term rental properties ranging from $150 for studios to $500 for six or more bedrooms. Includes compliance requirements, neighborhood caps (10% in Area 1, 50% in Town Core and Riverfront/Area 2), and good neighbor guidelines. About 160 short-term rental properties currently licensed.
• Water and Sewer Utility Billing Water and sewer utility services billed to residents and businesses within Silverthorne town limits. Transitioning from quarterly to monthly billing effective January 2026.
• Open Records Request System Colorado Open Records Act (CORA) compliant digital request system for accessing public Town records with accessibility accommodations. Available to the public requesting government documents.
• Town Hall Room Rentals Rental of Schmidt Room, Council Chambers, and combined spaces for meetings and events with catering and audiovisual amenities. Rates vary by group type (Non-Profit 501c3 vs. other groups) with a $50 deposit. Available to community groups, non-profits, and event organizers.
• Silverthorne Pavilion Public event venue operated by the Town for community gatherings, performances, and special events. Available to event organizers and community programming.
• Theatre SilCo Performing arts venue and theatre facility operated by the Town for community performances and cultural events. Available to performing arts groups and audiences.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• Prime Investment Properties LLCminorStrategic or Co-development Partner · 30 January 2026Prime Investment Properties LLC facilitated the sale of Silver Inn from the Kipta family to the Town of Silverthorne, marking continued demand for well-located leisure assets in Colorado's mountain hospitality market. The transaction was the firm's second hotel closing within two weeks to start the year.
• Summit Combined Housing AuthoritycoreStrategic or Co-development PartnerPartnership with Summit Combined Housing Authority for workforce housing programs including Housing Helps deed restriction acquisition program and management of deed-restricted rental and for-sale properties.
• Summit County GovernmentcoreStrategic or Co-development PartnerCounty government partnership for workforce housing initiatives, Housing Helps program, and regional coordination on housing needs and community development.
• Summit County Building DepartmentcoreImplementation/ SI/ Consulting PartnerTown works with Summit County Building Department for building code plan review and field inspections as part of the building permit process.
• Town of DillonminorStrategic or Co-development PartnerJoint municipal court services - Silverthorne/Dillon/Keystone Municipal Court provides court services for all three municipalities.
• Town of KeystoneminorStrategic or Co-development PartnerJoint municipal court services - Silverthorne/Dillon/Keystone Municipal Court provides court services for all three municipalities.
• Private DeveloperscoreStrategic or Co-development PartnerPartnerships with private developers for workforce housing construction through the Summit Combined Housing Authority and Town programs.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Town of Dillon, Colorado: Neighboring Summit County municipality sharing a joint Municipal Court with Silverthorne. Operates as a small home-rule town with similar marina/tourism economic base, utility billing, and short-term rental regulation regime — directly comparable governance and revenue model.
• Town of Eagle, Colorado: Eagle County seat with comparable population scale, home-rule governance, and a mix of recreation/tourism/light-industrial revenue streams. Closely mirrors Silverthorne's combination of municipal services, recreation programming, and small-footprint delivery.
• Town of Frisco, Colorado: Immediate Summit County neighbor of Silverthorne with similar population scale, tourism-driven tax base, recreation center operations, and home-rule charter. Serves as a direct operating comparable for parks/recreation, police, and community development services.
• Town of Avon, Colorado: Eagle County mountain municipality adjacent to Beaver Creek with similar tourism/recreation dependence, sales- and lodging-tax revenue mix, and workforce housing priorities. Highly comparable to Silverthorne in scale and operating model.
• Town of Breckenridge, Colorado: Larger Summit County resort municipality with a heavier ski-resort tax base, more extensive STR regulation, and substantially scaled recreation/cultural programming. Closest functional peer for lodging-tax-funded capital programs and tourism-service delivery.

Broad incumbents

• Park City Municipal Corporation: Iconic Utah resort municipality with home-rule authority, dedicated transient room tax funding arts/culture and trails, and an experienced workforce housing program. Valuable scale-up peer for Silverthorne's next phase of amenity investment.
• City of Steamboat Springs, Colorado: Colorado ski-resort municipality with home-rule authority, dedicated lodging tax for trails/parks, and a robust arts/culture program akin to Silverthorne's Pavilion and Theatre SilCo. Useful peer for cultural-amenity monetisation and resort-town housing programs.
• Town of Vail, Colorado: Premier Colorado mountain resort municipality with mature lodging tax infrastructure, large arts programming, and sophisticated housing authority partnerships. Comparable on revenue model mechanics and home-rule operating discipline, though at substantially larger scale than Silverthorne.
• Town of Telluride, Colorado: Compact Colorado mountain town with home-rule governance, a strong cultural brand (film/music festivals), restrictive STR rules, and similar workforce housing programs. Comparable on policy mix and amenity-driven tourism strategy.

Regional players

• Summit County Government: The county government providing building inspection services to Silverthorne and the principal partner in the Summit Combined Housing Authority. Treated as a regional/public-sector peer because it operates at a different jurisdictional level but shares workforce-housing and capital infrastructure agendas with Silverthorne.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SilverthorneCO
• YouTubevimeo.com/user64814134
• Facebookfacebook.com/SilverthorneCO
• Instagraminstagram.com/silverthornecolorado

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Town of Silverthorne