HomeMy WebLinkAbout2012_May_VRR July 25, 2012 Overall May sales tax de c reased 4.7 % with Retail in creasing 2.0 %, Lodging in creased 2.5 %, Food and Beverage in creased 1 4.8 % and Utilities/Other (which is mainly utilities but also includes taxable services and re ntal s) de creased 28.0 %. 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 Va il . Ex cluding the Out of Town category sales tax for the month of May was up 11 %. 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 Busines s 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 gr oss 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 MAY 201 2 VAIL BUSINESS REVIEW
May 2012 Sales Tax VAIL VILLAGE May May May 2011 2012 % Collections Collections Change Retail 28,623 36,630 28.0% Lodging 24,088 25,162 4.5% Food & Beverage 54,779 70,061 27.9% Other 621 6,409 932.0% Total 108,111 138,262 27.9% LIONSHEAD May Ma y May 2011 2012 % Collections Collections Change . Retail 10,034 9,729 -3.0% Lodging 13,827 20,266 46.6% Food & Beverage 8,973 17,808 98.5% Other 2,439 1,229 -49.6% Total 35,273 49,032 39.0%
May 2012 Sales Tax CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL May May May 2011 2012 % Collections Collections Change Retail 76,920 81,755 6.3% Lodging 19,217 13,245 -31.1% Food & Beverage 37,359 28,304 -24.2% Other 5,115 2,559 -50.0% Total 138,611 125,863 -9.2% OUT OF TOWN May May May 2011 2012 % Collections Collections Change Retail 47,247 37,916 -19.7% Lodging 2,880 2,849 -1.1% Food & Beverage 192 110 -42.7% Utilities & 141,173 97,260 -31.1% Other Total 191,492 138,135 -27.9%
May 2012 Sales Tax TOTAL May May May 2011 2012 % Collections Collections Change Retail 162,824 166,030 2.0% Lodging 60,012 61,522 2.5% Food & Beverage 101,303 116,283 14.8% Utilities & 149,348 107,457 -28.0% Other Total 473,487 451,292 -4.7%
RETAIL SUMMARY May May May 2011 20 1 2 % Collections C ollections Change FOOD 58,612 59,154 .9 % LIQUOR 13,047 15,639 19.9 % APPAREL 11,187 14,292 27.8 % SPORT 13,332 15,318 14.9 % JEWELRY 4,915 4,790 -2.5 % GIFT 1,916 2,572 34.2 % GALLERY 1,138 2,273 99.7 % OTHER 58,466 51,522 -11.9 % HOME OCCUPATION 211 470 122.7 % TOTAL 162,824 166,030 2.0 %