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Home My WebLink About03. May Sales Tax Memo MEMORANDUM June 28, 2017 To: Vail Town Council Kathleen Halloran From: Johannah Richards Re: May Sales Tax Vail will collect an estimated $9,590 in additional May sales tax to bring collections up to $598,155. May will be down 8.6% or $56,307 from May 2016 and down 10.9% or $72,772 from budget. Current year to date sales tax collections are down 3.8% or $526,296 from 2016 and down 0.2% or $29,078 from budget. % Change % Change2017 Budget from fromMonth2006 2007 2008 2009 2010 2011 20122013 2014 2015 2016 BudgetCollectionsVariance 2016 BudgetJanuary2,597,985 2,783,306 2,976,655 2,619,673 2,564,383 2,795,688 2,855,5243,145,620 3,483,245 3,696,798 3,738,824 3,711,004 3,711,004 0 -0.74% 0.00%February2,527,130 2,718,643 3,071,615 2,588,889 2,577,360 2,803,136 2,994,5803,267,351 3,477,419 3,593,947 3,746,055 3,677,917 3,677,917 0 -1.82% 0.00%March2,852,954 2,986,446 3,327,304 2,504,567 2,685,004 3,143,418 3,185,8593,650,157 3,788,185 4,053,961 4,225,921 3,619,002 3,619,002 0 -14.36% 0.00%April1,280,324 1,330,740 1,098,918 1,235,941 1,156,934 1,191,690 1,183,0871,069,186 1,280,641 1,370,929 1,089,749 1,288,533 1,332,227 43,694 22.25% 3.39%May449,283 545,874 622,103 516,150 421,925 473,292 487,739 563,602 607,729584,454 654,462 670,927 598,155 (72,772) -8.60% -10.85%Total9,707,676 10,365,009 11,096,595 9,465,220 9,405,606 10,407,224 10,706,789 11,695,916 12,637,219 13,300,089 13,455,011 12,967,383 12,938,305 (29,078) -3.84% -0.22%June805,362 953,017 918,061 717,233 873,765 895,951 963,143 1,023,801 1,153,247 1,242,400 1,318,092 1,351,149July1,255,243 1,265,781 1,397,842 1,121,860 1,228,767 1,481,329 1,573,4991,654,161 1,829,102 1,937,989 2,053,773 2,105,358August1,055,614 1,162,746 1,349,795 1,068,391 1,147,352 1,310,471 1,380,7101,507,048 1,674,813 1,702,579 1,849,815 1,896,301September832,549 908,318 834,569 753,754 761,425 889,945 978,037 994,135 1,054,015 1,240,277 1,349,929 1,383,919October614,396 688,519 662,767 581,033 594,362 623,420 644,577 755,133 752,295835,649 906,385 931,126November799,582 747,877 719,109 651,873 701,075 788,430 825,873 947,627 962,344997,100 989,320 996,463December2,771,258 2,821,871 2,652,628 2,553,974 2,963,763 3,184,645 2,973,8263,422,178 3,818,096 3,885,849 3,840,919 3,903,301Total17,841,680 18,913,138 19,631,366 16,913,338 17,676,115 19,581,415 20,046,454 21,999,999 23,881,131 25,141,932 25,763,244 25,535,000Town of VailSales Tax Worksheet Estimate5/31/2017