HomeMy WebLinkAbout2011_September_3rdQtr_VBR
November 6, 2011
The September Vail Business Review breaks down the four percent sales tax collected for
September and year to date through September.
Overall September sales tax increased 14.6% with Retail increasing 20.2%, Lodging increased
11.8%, Food and Beverage increased 12.2% and Utilities/Other (which is mainly utilities but also
includes taxable services and rentals) increased 9.6%. The Out of Town category continues to be
greatly affected by interior design firms and furniture stores delivering in to Vail. Excluding the Out
of Town category, sales tax for the month of September is up 11.9%.
Year to date through September resulted in a 11.4% increase overall with Retail increasing
7.3%, Lodging increased 16.2%, Food and Beverage increased 16.3% and Utilities increased
.8%. Excluding the Out of Town category, sales tax year to date through September is up 13.7%.
Town of Vail sales tax forms, the Vail Business Review and the sales tax worksheet are available
on 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 Judy
Camp at (970) 479-2119.
Sincerely,
Sally Lorton
Sales Tax Administrator
SEPTEMBER 2011
VAIL BUSINESS REVIEW
September 2011 Sales Tax
VAIL VILLAGE
September September September
2010 2011 %
Collections Collections Change
Retail 100,580 112,500 11.9%
Lodging 67,222 78,673 17.0%
Food &
Beverage 144,676 165,926 14.7%
Other 1,417 1,319 -6.9%
Total 313,895 358,418 14.2%
LIONSHEAD
September September September
2010 2011 %
Collections Collections Change
.
Retail 27,923 33,325 19.3%
Lodging 33,683 40,987 21.7%
Food &
Beverage 32,008 44,221 38.2%
Other 3,937 3,497 -11.2%
Total 97,551 122,030 25.1%
September 2011 Sales Tax
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
September September September
2010 2011 %
Collections Collections Change
Retail 102,297 108,441 6.0%
Lodging 36,672 37,244 1.6%
Food &
Beverage 42,848 36,978 -13.7%
Other 7,797 9,386 20.4%
Total 189,614 192,049 1.3%
OUT OF TOWN
September September September
2010 2011 %
Collections Collections Change
Retail 45,012 77,253 71.6%
Lodging 5,927 3,539 -40.3%
Food &
Beverage 1,500 963 -35.8%
Utilities & 110,134 120,860 9.7%
Other
Total 162,573 202,615 24.6%
September 2011 Sales Tax
TOTAL
September September September
2010 2011 %
Collections Collections Change
Retail 275,812 331,519 20.2%
Lodging 143,504 160,443 11.8%
Food &
Beverage 221,032 248,088 12.2%
Utilities & 123,285 135,062 9.6%
Other
Total 763,633 875,112 14.6%
RETAIL SUMMARY
September September September
2010 2011 %
Collections Collections Change
FOOD 76,879 79,608 3.5%
LIQUOR 20,202 22,549 11.6%
APPAREL 41,350 45,049 8.9%
SPORT 53,568 60,992 13.9%
JEWELRY 12,750 19,006 49.1%
GIFT 6,285 6,144 -2.2%
GALLERY 3,785 3,782 -0.1%
OTHER 60,487 93,970 55.4%
HOME
OCCUPATION
506 419 -17.2%
TOTAL 275,812 331,519
20.2%
YTD 3rd Quarter 2011
VAIL VILLAGE
YTD 3rd QTR YTD 3rd QTR YTD 3rd QTR
2010 2011 %
Collections Collections Change
Retail 1,752,122 1,979,330 13.0%
Lodging 1,760,488 2,204,092 25.2%
Food &
Beverage 2,038,884 2,497,747 22.5%
Other 64,667 62,883 -2.8%
Total 5,616,161 6,744,052 20.1%
LIONSHEAD
YTD 3rd QTR YTD 3rd QTR YTD 3rd QTR
2010 2011 %
Collections Collections Change
.
Retail 829,976 911,086 9.8%
Lodging 1,464,395 1,625,045 11.0%
Food &
Beverage 700,887 731,832 4.4%
Other 48,144 43,589 -9.5%
Total 3,043,402 3,311,552 8.8%
YTD 3rd Quarter 2011
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
YTD 3rd QTR YTD 3rd QTR YTD 3rd QTR
2010 2011 %
Collections Collections Change
Retail 1,296,209 1,344,292 3.7%
Lodging 806,948 865,947 7.3%
Food &
Beverage 454,954 488,237 7.3%
Other 48,546 54,658 12.6%
Total 2,606,657 2,753,134 5.6%
OUT OF TOWN
YTD 3rd QTR YTD 3rd QTR YTD 3rd QTR
2010 2011 %
Collections Collections Change
Retail 515,468 478,519 -7.2%
Lodging 151,679 164,747 8.6%
Food &
Beverage 9,677 9,526 -1.6%
Utilities & 1,476,755 1,490,005 0.9%
Other
Total 2,153,579 2,142,797 -0.5%
YTD 3rd Quarter 2011
TOTAL
YTD 3rd QTR YTD 3rd QTR YTD 3rd QTR
2010 2011 %
Collections Collections Change
Retail 4,393,775 4,713,227 7.3%
Lodging 4,183,510 4,859,831 16.2%
Food &
Beverage 3,204,402 3,727,342 16.3%
Utilities & 1,638,112 1,651,135 0.8%
Other
Total 13,419,799 14,951,535 11.4%
RETAIL SUMMARY
YTD 3rd Qtr YTD 3rd Qtr YTD 3rd Qtr
2010 2011 %
Collections Collections Change
FOOD 948,370 990,564 4.4%
LIQUOR 293,067 316,206 7.9%
APPAREL 581,142 609,274 4.8%
SPORT 1,568,279 1,786,462 13.9%
JEWELRY 149,872 174,263 16.3%
GIFT 68,169 74,035 8.6%
GALLERY 45,127 44,096 -2.3%
OTHER 735,563
714,111 -2.9%
HOME
OCCUPATION
4,186
4,216 .7%
TOTAL 4,393,775 4,713,227 7.3%