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HomeMy WebLinkAbout2013 November VBR Vail Business Review November 2013 January 10, 2014 The November Vail Business Review breaks down the four percent sales tax collected for the month of November 2013. Overall November sales tax increased 5.0% with Retail up 12.2%, Lodging down 2.3%, Food and Beverage up 8.6%% and Utilities/Other (which is mainly utilities but also incl udes taxable services and rentals) down 8.7%. The Out of Town category was favorable to last year in the retail category (interior design firms, furniture and office supply stores delivering in to Vail), but down in other categories including lodging and utilities. Excluding the Out of Town category sales tax for the month of November was up 5.4%. 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 Sally Lorton at (970) 479-2125 or Judy Camp at (970) 479-2119. TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW NovemberNovemberNovemberNovember Sales Tax Newsletter November 2013 Sales TaxNovember 2013 Sales TaxNovember 2013 Sales TaxNovember 2013 Sales Tax NovemberNovemberNovember 2012 2013 % Collections Collections Change VAIL VILLAGE Retail 93,946 110,665 17.80 % Lodging 87,930 87,490 -0.50 % F & B 132,356 137,053 3.55 % Other 4,772 2,232 -53.23 % Total 319,003 337,440 5.78 % LIONSHEAD Retail 48,301 48,659 0.74 % Lodging 46,227 51,128 10.60 % F & B 41,749 44,566 6.75 % Other 2,005 2,296 14.53 % Total 138,282 146,650 6.05 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 104,057 105,153 1.05 % Lodging 37,948 34,569 -8.91 % F & B 34,814 45,546 30.83 % Other 3,874 2,980 -23.07 % Total 180,693 188,248 4.18 % OUT OF TOWN Retail 70,758 91,224 28.92 % Lodging 11,247 6,020 -46.47 % F & B 351 114 -67.48 % Utilities & Other 115,921 108,080 -6.76 % Total 198,277 205,439 3.61 % 1/10/2014 2:11:35 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW NovemberNovemberNovemberNovember Sales Tax Newsletter November 2013 Sales TaxNovember 2013 Sales TaxNovember 2013 Sales TaxNovember 2013 Sales Tax TOTALTOTALTOTALTOTAL NovemberNovemberNovember 2012 2013 % Collections Collections Change Retail 317,061 355,701 12.19 % Lodging And Property Mgmt 183,352 179,207 -2.26 % Food and Beverage 209,270 227,280 8.61 % Other 126,572 115,588 -8.68 % Total 836,254 877,776 4.97 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY NovemberNovemberNovember 2012 2013 % Collections Collections Change RETAIL-FOOD 81,784 75,047 -8.24 % RETAIL-LIQUOR 25,039 26,683 6.57 % RETAIL-APPAREL 37,866 43,155 13.97 % RETAIL-SPORT 81,615 94,963 16.36 % RETAIL-JEWELRY 6,510 9,311 43.04 % RETAIL-GIFT 4,759 2,639 -44.54 % RETAIL-GALLERY 3,501 2,473 -29.36 % RETAIL-OTHER 75,867 101,428 33.69 % RETAIL-HOME OCCUPATION 120 0 -100.00 % Total 317,061 355,701 12.19 % 1/10/2014 2:11:35 PM Page 2 of 2