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November 27, 2012
The October Vail Business Review breaks down the four percent sales tax collected for October
and the summer (May – October).
Overall October sales tax decreased 10.0% with Retail decreasing 2.8%, Lodging decreased
25.6%, Food and Beverage decreased 14.5% and Utilities/Other (which is mainly utilities but also
includes taxable services and rentals) decreased 5.4%. 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 October is down 8.0%.
The summer resulted in a 4.4% increase overall with Retail increasing 1.5%, Lodging increased
11.0%, Food and Beverage increased 11.2% and Utilities decreased 12.3%. Excluding the Out of
Town category, sales tax for the summer is up 9.2%.
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
OCTOBER 2012
VAIL BUSINESS REVIEW
October 2012 Sales Tax
VAIL VILLAGE
October October October
2011 2012 %
Collections Collections Change
Retail 64,974 78,320 20.5%
Lodging 44,397 40,887 -7.9%
Food &
Beverage 98,672 83,537 -15.3%
Other 2,220 1,196 -46.1%
Total 210,263 203,940 -3.0%
LIONSHEAD
October October October
2011 2012 %
Collections Collections Change
.
Retail 18,380 16,452 -10.5%
Lodging 26,361 12,979 -50.8%
Food &
Beverage 21,287 20,377 -4.3%
Other 1,612 2,445 51.7%
Total 67,640 52,253 -22.7%
October 2012 Sales Tax
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
October October October
2011 2012 %
Collections Collections Change
Retail 88,731 93,794 5.7%
Lodging 26,310 16,013 -39.1%
Food &
Beverage 32,878 27,117 -17.5%
Other 4,488 2,796 -37.7%
Total 152,407 139,720 -8.3%
OUT OF TOWN
October October October
2011 2012 %
Collections Collections Change
Retail 70,867 47,594 -32.8%
Lodging 6,406 7,061 10.2%
Food &
Beverage 451 72 -84.0%
Utilities & 116,423 111,528 -4.2%
Other
Total 194,147 166,255 -14.4%
October 2012 Sales Tax
TOTAL
October October October
2011 2012 %
Collections Collections Change
Retail 242,952 236,160 -2.8%
Lodging 103,474 76,940 -25.6%
Food &
Beverage 153,288 131,103 -14.5%
Utilities & 124,743 117,965 -5.4%
Other
Total 624,457 562,168 -10.0%
RETAIL SUMMARY
October October October
2011 2012 %
Collections Collections Change
FOOD 66,883 71,927 7.5%
LIQUOR 16,901 17,764 5.1%
APPAREL 21,671 22,989 6.1%
SPORT 41,268 38,837 -5.9%
JEWELRY 6,778 5,435 -19.8%
GIFT 3,468 2,286 -34.1%
GALLERY 1,963 1,788 -8.9%
OTHER 83,529 74,715 -10.6%
HOME
OCCUPATION
491 419 -14.7%
TOTAL 242,952 236,160
-2.8%
Summer 2012
VAIL VILLAGE
Summer Summer Summer
2011 2012 %
Collections Collections Change
Retail 693,894 757,511 9.2%
Lodging 587,090 679,108 15.7%
Food &
Beverage 1,082,986 1,194,758 10.3%
Other 12,984 35,542 173.7%
Total 2,376,954 2,666,919 12.2%
LIONSHEAD
Summer Summer Summer
2011 2012 %
Collections Collections Change
.
Retail 228,326 224,236 -1.8%
Lodging 361,690 382,847 5.8%
Food &
Beverage 287,316 354,295 23.3%
Other 21,912 22,198 1.3%
Total 899,244 983,576 9.4%
Summer 2012
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Summer Summer Summer
2011 2012 %
Collections Collections Change
Retail 694,593 716,841 3.2%
Lodging 268,044 287,720 7.3%
Food &
Beverage 269,587 275,301 2.1%
Other 39,541 37,554 -5.0%
Total 1,271,765 1,317,416 3.6%
OUT OF TOWN
Summer Summer Summer
2011 2012 %
Collections Collections Change
Retail 353,961 301,172 -14.9%
Lodging 29,933 34,073 13.8%
Food &
Beverage 4,848 5,229 7.9%
Utilities & 743,073 621,546 -16.4%
Other
Total 1,131,815 962,020 -15.0%
Summer 2012
TOTAL
Summer Summer Summer
2011 2012 %
Collections Collections Change
Retail 1,970,774 1,999,760 1.5%
Lodging 1,246,757 1,383,748 11.0%
Food &
Beverage 1,644,737 1,829,583 11.2%
Utilities & 817,510 716,840 -12.3%
Other
Total 5,679,778 5,929,931 4.4%
RETAIL SUMMARY
Summer Summer Summer
2011 2012 %
Collections Collections Change
FOOD 536,380 561,888 4.8%
LIQUOR 145,654 158,381 8.7%
APPAREL 273,382 306,649 12.2%
SPORT 377,454 382,597 1.4%
JEWELRY 96,843 85,015 -12.2%
GIFT 39,280 35,720 -9.1%
GALLERY 27,049 30,250 11.8%
OTHER 472,236
436,719 -7.5%
HOME
OCCUPATION
2,496
2,541 1.8%
TOTAL 1,970,774 1,999,760 1.5%