HomeMy WebLinkAbout04. Vail Business Review, August 2016
Vail Business Review
August 2016
October 11, 2016
The August Vail Business Review breaks down the four percent sales tax collected for
August. Overall August sales tax increased 3.7% with Retail increasing 2.8%, Lodging
increased 6.6%, Food and Beverage increased 2.9% and Utilities/Other (which is mainly
utilities but also includes taxable services and rentals) increased .3%. Excluding the Out
of Town category, sales tax for the month of August was up 4.9%.
Electronic filing and payment of Vail sales tax is now an option. Please
visit www.vailgov.com/epay
Town of Vail sales tax forms, the Vail Business Review and the sales tax worksheet are
available on the internet at www.vailgov.com. You can subscribe to have the Vail
Business Review and the sales tax worksheet e-mailed to you automatically
from www.vailgov.com.
Please remember when reading the Vail Business Review that it is produced from sales
tax collections, as opposed to actual gross sales.
If you have any questions or comments please feel free to call me at (970) 479-2125 or
Kathleen Halloran at (970) 479-2116.
Sincerely,
Sally Lorton
Sales Tax Administrator
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
AugustAugustAugustAugust
Sales Tax Newsletter
August 2016 Sales TaxAugust 2016 Sales TaxAugust 2016 Sales TaxAugust 2016 Sales Tax
AugustAugustAugust
2015 2016 %
Collections Collections Change
VAIL VILLAGE
Retail 256,683 273,237 6.45 %
Lodging 250,311 278,626 11.31 %
F & B 355,474 393,999 10.84 %
Other 8,890 11,256 26.62 %
Total 871,357 957,118 9.84 %
LIONSHEAD
Retail 68,624 72,808 6.10 %
Lodging 131,091 172,205 31.36 %
F & B 89,504 88,895 -0.68 %
Other 2,409 6,542 171.54 %
Total 291,628 340,451 16.74 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 160,848 162,025 0.73 %
Lodging 79,016 39,557 -49.94 %
F & B 68,043 44,641 -34.39 %
Other 7,881 7,080 -10.16 %
Total 315,787 253,303 -19.79 %
OUT OF TOWN
Retail 98,093 92,474 -5.73 %
Lodging 13,822 15,338 10.97 %
F & B 769 928 20.70 %
Utilities & Other 112,110 106,844 -4.70 %
Total 224,794 215,585 -4.10 %
10/11/2016 1:56:29 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
AugustAugustAugustAugust
Sales Tax Newsletter
August 2016 Sales TaxAugust 2016 Sales TaxAugust 2016 Sales TaxAugust 2016 Sales Tax
TOTALTOTALTOTALTOTAL
AugustAugustAugust
2015 2016 %
Collections Collections Change
Retail 584,248 600,544 2.79 %
Lodging And Property Mgmt 474,239 505,727 6.64 %
Food and Beverage 513,789 528,463 2.86 %
Other 131,290 131,722 0.33 %
Total 1,703,566 1,766,456 3.69 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
AugustAugustAugust
2015 2016 %
Collections Collections Change
RETAIL-FOOD 132,306 140,399 6.12 %
RETAIL-LIQUOR 40,216 41,508 3.21 %
RETAIL-APPAREL 130,630 143,198 9.62 %
RETAIL-SPORT 105,656 108,472 2.67 %
RETAIL-JEWELRY 27,621 25,754 -6.76 %
RETAIL-GIFT 5,763 6,708 16.40 %
RETAIL-GALLERY 4,463 3,435 -23.03 %
RETAIL-OTHER 137,551 131,070 -4.71 %
RETAIL-HOME OCCUPATION 42 0 -100.00 %
Total 584,248 600,544 2.79 %
10/11/2016 1:56:29 PM Page 2 of 2