HomeMy WebLinkAbout05. Vail Business Review, March 2017
May 30,
The Marc
of March
due to th
Overall M
15.2%, fo
the out o
The first
lodging d
7.0%. Ex
Electron
www.vai
Town of V
on the in
the sales
Please re
collection
If you ha
Kathleen
Sincerely
Johanna
Sales Ta
2017
ch Vail Busin
and the firs
he Easter ho
March sales
ood and bev
of town categ
quarter of 20
decreased 6
xcluding the
nic filing and
ilgov.com/e
Vail sales ta
ternet at ww
s tax worksh
emember wh
ns, as oppos
ve any ques
n Halloran at
y,
h Richards
ax Administra
Va
ness Review
st quarter of
oliday fallin
tax decreas
verage decre
gory; sales ta
017 resulted
.4%, food an
out of town
d payment o
epay
ax forms, the
ww.vailgov.co
eet e-mailed
hen reading
sed to actua
stions or com
(970) 479-2
ator
il Busi
Mar
w breaks dow
2017. Part
ng in April f
ed 14.5% w
eased 14.6%
ax for the mo
d in a 6.2% d
nd beverage
category; fir
of Vail sale
e Vail Busine
om. You can
d to you auto
the Vail Bus
l gross sales
mments plea
2116.
ness R
ch 201
wn the four p
of the large
for 2017 (Ea
with retail dec
%, and utilitie
onth of Marc
decrease ov
e decreased
rst quarter sa
s tax is now
ess Review a
n subscribe t
omatically fro
siness Revie
s.
ase feel free
Review
17
percent sale
e variance t
aster was in
creasing 14.
es/other dec
ch was down
verall with ret
9.2% and u
ales tax is d
w an option
and sales ta
to have the V
om www.vai
ew that it is p
to call me a
w
es tax collect
to prior yea
n March for
2%, lodging
reased by 1
n 15.1%.
tail decreasi
utilities/other
own 6.5%.
n. Please vi
ax workshee
Vail Busines
ilgov.com.
produced fro
at (970) 479-
ted for the m
r collection
2016).
g decreased
1.1%. Exclu
ing 3.6%,
decreased
sit
ts are availa
ss Review a
om sales tax
-2125 or
month
ns is
uding
able
nd
x
March 2017
Town of Vail Business Review
Sales Tax Newsletter
March 2017 Sales TaxMarch 2017 Sales TaxMarch 2017 Sales TaxMarch 2017 Sales Tax
MarchMarchMarch
2016 2017 %
Collections Collections Change
VAIL VILLAGE
Retail 622,615 528,871 -15.06 %
Lodging 931,817 875,171 -6.08 %
F & B 631,098 566,234 -10.28 %
Other 29,252 12,327 -57.86 %
Total 2,214,783 1,982,603 -10.48 %
LIONSHEAD
Retail 262,660 226,960 -13.59 %
Lodging 620,471 534,603 -13.84 %
F & B 172,084 153,215 -10.97 %
Other 5,614 8,877 58.11 %
Total 1,060,829 923,654 -12.93 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 239,205 199,713 -16.51 %
Lodging 276,868 139,845 -49.49 %
F & B 87,524 41,465 -52.62 %
Other 7,196 10,848 50.74 %
Total 610,793 391,872 -35.84 %
OUT OF TOWN
Retail 103,656 98,780 -4.70 %
Lodging 66,714 58,555 -12.23 %
F & B 1,538 1,513 -1.64 %
Utilities & Other 167,859 154,615 -7.89 %
Total 339,766 313,463 -7.74 %
5/30/2017 3:22:01 PM Page 1 of 2
March 2017
Town of Vail Business Review
Sales Tax Newsletter
March 2017 Sales TaxMarch 2017 Sales TaxMarch 2017 Sales TaxMarch 2017 Sales Tax
TOTALTOTALTOTALTOTAL
MarchMarchMarch
2016 2017 %
Collections Collections Change
Retail 1,228,135 1,054,324 -14.15 %
Lodging And Property Mgmt 1,895,870 1,608,175 -15.17 %
Food and Beverage 892,244 762,427 -14.55 %
Other 209,922 186,666 -11.08 %
Total 4,226,172 3,611,592 -14.54 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
MarchMarchMarch
2016 2017 %
Collections Collections Change
RETAIL-FOOD 179,072 164,295 -8.25 %
RETAIL-LIQUOR 66,988 63,095 -5.81 %
RETAIL-APPAREL 219,770 183,275 -16.61 %
RETAIL-SPORT 579,740 460,619 -20.55 %
RETAIL-JEWELRY 27,524 22,465 -18.38 %
RETAIL-GIFT 5,236 6,402 22.28 %
RETAIL-GALLERY 4,005 2,698 -32.62 %
RETAIL-OTHER 145,746 151,417 3.89 %
RETAIL-HOME OCCUPATION 56 58 3.13 %
Total 1,228,135 1,054,324 -14.15 %
5/30/2017 3:22:02 PM Page 2 of 2
1st Quarter 2017
Town of Vail Business Review
Sales Tax Newsletter
1st Quarter 2017 Sales Tax
March YTDMarch YTDMarch YTD
2016 2017 %
Collections Collections Change
VAIL VILLAGE
Retail 1,635,879 1,598,951 -2.26 %
Lodging 2,460,469 2,546,256 3.49 %
F & B 1,795,298 1,745,319 -2.78 %
Other 76,341 51,154 -32.99 %
Total 5,967,986 5,941,680 -0.44 %
LIONSHEAD
Retail 725,391 697,781 -3.81 %
Lodging 1,676,200 1,663,606 -0.75 %
F & B 490,848 449,069 -8.51 %
Other 23,275 24,117 3.62 %
Total 2,915,715 2,834,574 -2.78 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 686,289 614,103 -10.52 %
Lodging 807,250 423,591 -47.53 %
F & B 259,825 117,209 -54.89 %
Other 20,522 32,890 60.26 %
Total 1,773,886 1,187,793 -33.04 %
OUT OF TOWN
Retail 305,005 322,460 5.72 %
Lodging 183,741 168,163 -8.48 %
F & B 6,810 6,366 -6.52 %
Utilities & Other 558,409 523,198 -6.31 %
Total 1,053,964 1,020,186 -3.20 %
5/30/2017 3:19:56 PM Page 1 of 2
1st Quarter 2017
Town of Vail Business Review
Sales Tax Newsletter
1st Quarter 2017 Sales Tax
TOTALTOTALTOTALTOTAL
March YTDMarch YTDMarch YTD
2016 2017 %
Collections Collections Change
Retail 3,352,564 3,233,295 -3.56 %
Lodging And Property Mgmt 5,127,659 4,801,615 -6.36 %
Food and Beverage 2,552,781 2,317,963 -9.20 %
Other 678,548 631,360 -6.95 %
Total 11,711,552 10,984,234 -6.21 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
March YTDMarch YTDMarch YTD
2016 2017 %
Collections Collections Change
RETAIL-FOOD 502,880 489,649 -2.63 %
RETAIL-LIQUOR 194,309 192,007 -1.18 %
RETAIL-APPAREL 581,410 539,228 -7.26 %
RETAIL-SPORT 1,564,161 1,446,227 -7.54 %
RETAIL-JEWELRY 67,086 61,974 -7.62 %
RETAIL-GIFT 16,402 17,716 8.01 %
RETAIL-GALLERY 11,796 11,505 -2.47 %
RETAIL-OTHER 414,353 474,817 14.59 %
RETAIL-HOME OCCUPATION 167 173 3.13 %
Total 3,352,564 3,233,295 -3.56 %
5/30/2017 3:19:57 PM Page 2 of 2