HomeMy WebLinkAbout15. Vail Business Review, October 2018Vail Business Review
October 2018
December 31, 2018
The Vail Business Review breaks down the four percent sales tax collected for the month of
October 2018 and the summer collections of May through October.
Overall October sales tax increased 2.3% with retail increasing 3.7%, lodging decreased 7.3%,
food and beverage increased 5.5%, and utilities/other increased by 7.7%. Excluding the out of
town category; sales tax for the month of October was up 0.4%.
Summer sales tax collections increased 12.7% with retail increasing 12.8%, lodging increased
13.1%, food and beverage increased 14.8%, and utilities/other increased by 4.1%. Excluding
the out of town category; summer sales tax collections is up 11.2%.
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 sales tax worksheets 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,
Alex Jakubiec
Sales Tax Administrator
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
OctoberOctoberOctoberOctober
Sales Tax Newsletter
October 2018 Sales TaxOctober 2018 Sales TaxOctober 2018 Sales TaxOctober 2018 Sales Tax
OctoberOctoberOctober
2017 2018 %
Collections Collections Change
VAIL VILLAGE
Retail 117,086 116,870 -0.18 %
Lodging 111,786 108,660 -2.80 %
F & B 181,785 177,897 -2.14 %
Other 3,375 4,404 30.49 %
Total 414,032 407,830 -1.50 %
LIONSHEAD
Retail 23,148 27,775 19.99 %
Lodging 58,716 47,798 -18.60 %
F & B 39,190 38,218 -2.48 %
Other 4,986 95 -98.09 %
Total 126,040 113,886 -9.64 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 102,580 101,475 -1.08 %
Lodging 31,285 33,494 7.06 %
F & B 40,532 59,771 47.46 %
Other 5,713 6,955 21.74 %
Total 180,110 201,695 11.98 %
OUT OF TOWN
Retail 119,340 129,373 8.41 %
Lodging 3,590 515 -85.65 %
F & B 141 185 31.17 %
Utilities & Other 102,846 114,471 11.30 %
Total 225,916 244,543 8.25 %
1/2/2019 1:56:50 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
OctoberOctoberOctoberOctober
Sales Tax Newsletter
October 2018 Sales TaxOctober 2018 Sales TaxOctober 2018 Sales TaxOctober 2018 Sales Tax
TOTALTOTALTOTALTOTAL
OctoberOctoberOctober
2017 2018 %
Collections Collections Change
Retail 362,154 375,493 3.68 %
Lodging And Property Mgmt 205,377 190,467 -7.26 %
Food and Beverage 261,648 276,070 5.51 %
Other 116,919 125,924 7.70 %
Total 946,098 967,955 2.31 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
OctoberOctoberOctober
2017 2018 %
Collections Collections Change
RETAIL-FOOD 85,189 80,955 -4.97 %
RETAIL-LIQUOR 24,773 25,220 1.81 %
RETAIL-APPAREL 60,439 62,364 3.18 %
RETAIL-SPORT 41,877 41,598 -0.67 %
RETAIL-JEWELRY 8,346 10,296 23.37 %
RETAIL-GIFT 1,639 2,444 49.14 %
RETAIL-GALLERY 862 2,017 133.90 %
RETAIL-OTHER 139,006 150,598 8.34 %
RETAIL-HOME OCCUPATION 23 0 -100.00 %
Total 362,154 375,493 3.68 %
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TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
SummerSummerSummerSummer
Sales Tax Newsletter
Summer 2018 Sales TaxSummer 2018 Sales TaxSummer 2018 Sales TaxSummer 2018 Sales Tax
SummerSummerSummer
2017 2018 %
Collections Collections Change
VAIL VILLAGE
Retail 1,220,480 1,279,590 4.84 %
Lodging 1,251,163 1,314,488 5.06 %
F & B 1,767,363 1,868,141 5.70 %
Other 47,962 49,443 3.09 %
Total 4,286,967 4,511,662 5.24 %
LIONSHEAD
Retail 284,741 301,823 6.00 %
Lodging 720,734 716,269 -0.62 %
F & B 447,041 517,589 15.78 %
Other 35,514 19,915 -43.92 %
Total 1,488,030 1,555,596 4.54 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 794,338 820,828 3.33 %
Lodging 192,236 469,172 144.06 %
F & B 256,570 452,655 76.43 %
Other 42,686 44,764 4.87 %
Total 1,285,830 1,787,420 39.01 %
OUT OF TOWN
Retail 721,601 1,005,633 39.36 %
Lodging 53,358 7,576 -85.80 %
F & B 6,163 4,916 -20.24 %
Utilities & Other 629,755 672,608 6.80 %
Total 1,410,877 1,690,732 19.84 %
1/2/2019 2:20:03 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
SummerSummerSummerSummer
Sales Tax Newsletter
Summer 2018 Sales TaxSummer 2018 Sales TaxSummer 2018 Sales TaxSummer 2018 Sales Tax
TOTALTOTALTOTALTOTAL
SummerSummerSummer
2017 2018 %
Collections Collections Change
Retail 3,021,158 3,407,874 12.80 %
Lodging And Property Mgmt 2,217,492 2,507,506 13.08 %
Food and Beverage 2,477,137 2,843,302 14.78 %
Other 755,928 786,730 4.07 %
Total 8,471,715 9,545,412 12.67 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
SummerSummerSummer
2017 2018 %
Collections Collections Change
RETAIL-FOOD 668,016 701,460 5.01 %
RETAIL-LIQUOR 216,950 225,053 3.74 %
RETAIL-APPAREL 615,825 659,414 7.08 %
RETAIL-SPORT 433,437 434,521 0.25 %
RETAIL-JEWELRY 110,537 119,327 7.95 %
RETAIL-GIFT 27,853 24,331 -12.64 %
RETAIL-GALLERY 13,310 17,325 30.16 %
RETAIL-OTHER 935,018 1,226,083 31.13 %
RETAIL-HOME OCCUPATION 211 359 69.82 %
Total 3,021,158 3,407,874 12.80 %
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