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HomeMy WebLinkAbout2013_July_VBR Vail Business Review July 2013 September 9, 2013 The July Vail Business Review breaks down the four percent sales tax collected for July. Overall July sales tax increased 1.4% with Retail increasing 8.5%, Lodging increased .2%, Food and Beverage decreased 4.4% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) increased .3%. The Out of Town category continues to be greatly affected by construction, interior design firms and furniture stores delivering in to Vail. Excluding the Out of Town category sales tax for the month of July was up .7%. 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 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 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW JulyJulyJulyJuly Sales Tax Newsletter July 2013 Sales TaxJuly 2013 Sales TaxJuly 2013 Sales TaxJuly 2013 Sales Tax JulyJulyJuly 2012 2013 % Collections Collections Change VAIL VILLAGE Retail 229,474 254,496 10.90 % Lodging 200,683 206,127 2.71 % F & B 353,239 354,754 0.43 % Other 4,060 8,011 97.30 % Total 787,455 823,388 4.56 % LIONSHEAD Retail 74,208 71,792 -3.25 % Lodging 123,872 135,236 9.17 % F & B 102,254 90,051 -11.93 % Other 3,355 2,535 -24.43 % Total 303,688 299,614 -1.34 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 161,891 167,369 3.38 % Lodging 89,753 74,385 -17.12 % F & B 66,551 55,352 -16.83 % Other 6,723 5,247 -21.96 % Total 324,918 302,354 -6.94 % OUT OF TOWN Retail 48,170 63,978 32.82 % Lodging 7,182 6,452 -10.16 % F & B 2,070 758 -63.39 % Utilities & Other 102,532 101,203 -1.30 % Total 159,954 172,391 7.78 % 9/9/2013 6:16:15 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW JulyJulyJulyJuly Sales Tax Newsletter July 2013 Sales TaxJuly 2013 Sales TaxJuly 2013 Sales TaxJuly 2013 Sales Tax TOTALTOTALTOTALTOTAL JulyJulyJuly 2012 2013 % Collections Collections Change Retail 513,742 557,635 8.54 % Lodging And Property Mgmt 421,489 422,201 0.17 % Food and Beverage 524,114 500,915 -4.43 % Other 116,670 116,996 0.28 % Total 1,576,016 1,597,747 1.38 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY JulyJulyJuly 2012 2013 % Collections Collections Change RETAIL-FOOD 131,419 138,837 5.65 % RETAIL-LIQUOR 40,044 43,192 7.86 % RETAIL-APPAREL 99,751 117,604 17.90 % RETAIL-SPORT 116,955 113,293 -3.13 % RETAIL-JEWELRY 24,845 31,500 26.78 % RETAIL-GIFT 10,723 5,890 -45.07 % RETAIL-GALLERY 10,106 11,215 10.98 % RETAIL-OTHER 79,445 96,103 20.97 % RETAIL-HOME OCCUPATION 454 0 -100.00 % Total 513,742 557,635 8.54 % 9/9/2013 6:16:15 PM Page 2 of 2