HomeMy WebLinkAbout2011_October_Stax_Collected_Memo
MEMORANDUM
November 26, 2011
To: Vail Town Council
Stan Zemler
Pam Brandmeyer
Judy Camp
From: Sally Lorton
Re: October Sales Tax
On the reverse side please find the latest sales tax worksheet. I estimate
Vail will collect another $60,000 in October sales tax to bring October collections
to $609,393. If so, we will be up 4.6% or $26,559 from budget and up 2.5% or
$15,031 from October 2010. Year-to-date would be up 11.1% or $1,560,435 from
2010. The year-to-date and full year budgets have been amended by $900,000
to reflect additional collections earlier in the year. Year-to-date revenue would be
up 13.9% or $1,897,165 from the original budget and 6.8% or $997,165 from the
amended budget.
Lift tax for the summer (May – October) is up 15.6% or $6,031 from 2010.
% Change% Change
2011Budgetfromfrom
Month 2001200220032004200520062007200820092010Budget
Collections Variance2010Budget
January 2,210,5472,073,4811,997,0912,225,8412,275,9672,597,9852,783,3062,976,6552,619,6732,564,3832,794,1402,794,5984588.98%0.02%
February 2,366,3212,281,8332,111,1632,362,8252,429,3772,527,1302,718,6433,071,6152,588,8892,577,3602,801,4732,801,9304578.71%0.02%
March2,568,8712,699,664 2,372,942 2,344,1782,785,1012,852,9542,986,4463,327,3042,504,5672,685,0042,994,5593,142,364147,80517.03%4.94%
April1,043,431870,875871,468992,157915,5541,280,3241,330,7401,098,9181,235,9411,156,9341,134,1181,190,89956,7812.94%5.01%
May448,234414,248428,919411,595458,770449,283545,874622,103516,150421,925474,867472,557(2,310)12.00%-0.49%
June751,439657,707742,755732,113834,913805,362953,017918,061717,233873,765793,035894,960101,9252.43%12.85%
July1,157,8671,044,9661,075,5321,128,5141,166,1831,255,2431,265,7811,397,8421,121,8601,228,7671,165,0841,477,542312,45820.25%26.82%
August 1,124,2751,084,3181,029,446994,445993,9851,055,6141,162,7461,349,7951,068,3911,147,3521,074,8441,306,256231,41213.85%21.53%
September747,766713,574679,208757,033795,807832,549908,318834,569753,754761,425759,593881,213121,62015.73%16.01%
October486,570484,425508,092532,537566,173614,396688,519662,767581,033594,362582,834549,393(33,441)-7.57%-5.74%
Total12,905,32112,325,09111,816,61612,481,23813,221,83014,270,84015,343,39016,259,62913,707,49114,011,27714,574,54715,511,712937,16510.71%6.43%
November 571,783642,293591,269623,646713,117799,582747,877719,109651,873701,075671,262
December1,933,9402,139,4172,171,0982,362,0952,549,0322,771,2582,821,8712,652,6282,553,9742,963,7632,554,191
Total15,411,04415,106,80114,578,98315,466,97916,483,97917,841,68018,913,13819,631,36616,913,33817,676,11517,800,000
Town of Vail
Sales Tax Worksheet
11/26/2011