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HomeMy WebLinkAbout2012_January_VBR March 28, 2012 Overall January sales tax de c reased .2 % with Retail de creasing 4.5 %, Lodging in creased 3.6 %, Food and Beverage in creased 2.7 % and Utilities/Other (which is mainly utilities but also includ es taxable services and re ntal s) de creased 7.9 %. This report does not include returns from quarterly remitters for 2012. The Out of Town category continues to be greatly affected by construction, interior design firms and furniture stores delivering in to Vail . Ex cluding the Out of Town category sales tax for the month of January was up .6 %. Town of Vail sales tax forms , the Vail Business Review and the sales tax worksheet 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 a ctual gross sales. If you have any questions or comments please feel free to ca ll me at (970) 479 -2125 or Judy Camp at (970) 479 -2119 . Sincerely, Sally Lorton Sales Tax Administrator JANUARY 201 2 VAIL BUSINESS REVIEW January 2012 Sales Tax VAIL VILLAGE January January January 2011 2012 % Collections Collections Change Retail 3 99,980 386,925 -3.3% Lodging 458,015 490,029 7.0% Food & Beverage 425,919 443,751 4.2% Other 14,890 12,600 -15.4% Total 1,298,804 1,333,305 2.7% LIONSHEAD January January January 2011 2012 % Collections Collections Change . Retail 212,791 194,746 -8.5% Lodging 372,240 381,116 2.4% Food & Beverage 131,877 127,548 -3.3% Other 5,401 3,750 -30.6% Total 722,309 707,160 -2.1% January 2012 Sales Tax CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL January January January 2011 2012 % Collections Collections Change Retail 199,069 194,419 -2.3% Lodging 171,203 168,918 -1.3% Food & Beverage 69,201 72,893 5.3% Other 4,568 3,715 -18.7% Total 444,041 439,945 -0.9% OUT OF TOWN Jan uary January January 2011 2012 % Collections Collections Change Retail 45,068 42,033 -6.7% Lodging 48,426 47,577 -1.8% Food & Beverage 1,594 1,576 -1.1% Utilities & 231,184 215,632 -6.7% Other Total 326,272 306,818 -6.0% January 2012 Sales Tax TOTAL January January January 2011 2012 % Collections Collections Change Retail 856,908 818,123 -4.5% Lodging 1,049,884 1,087,640 3.6% Food & Beverage 628,591 645,768 2.7% Utilities & 256,043 235,697 -7.9% Other Total 2,791,426 2,787,228 -0.2% RETAIL SUMMARY January January January 2011 20 1 2 % Collections C ollections Change FOOD 139,219 137,074 -1.5 % LIQUOR 52,084 54,174 4.0 % APPAREL 102,292 108,612 6.2 % SPORT 438,150 395,260 -9.8 % JEWELRY 24,064 23,297 -3.2 % GIFT 11,721 9,010 -23.1 % GALLERY 5,422 5,442 .4 % OTHER 83,440 84,737 1.6 % HOME OCCUPATION 516 517 .2 % TOTAL 856,908 818,123 -4.5 %