HomeMy WebLinkAbout2013_December_YTD_VBR
Vail Business Review
December 2013
February 7, 2014
The December Vail Business Review breaks down the four percent sales tax collected
for December and the year. Overall December sales tax increased 14.6% with Retail increasing 13.2%, Lodging
increased 20.4%, Food and Beverage increased 10.4% and Utilities/Other (which is
mainly utilities but also includes taxable services and rentals) increased 2.4%. 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 December was up 14.7%.
The year resulted in a 9.5% increase overall with Retail increasing 12.3%, Lodging
increased 12.0%, Food and Beverage increased 6.8% and Utilities decreased 2.2%. Excluding the Out of Town category, sales tax for the year is up 9.5%.
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
DecemberDecemberDecemberDecember
Sales Tax Newsletter
December 2013 Sales TaxDecember 2013 Sales TaxDecember 2013 Sales TaxDecember 2013 Sales Tax
DecemberDecemberDecember
2012 2013 %
Collections Collections Change
VAIL VILLAGE
Retail 564,680 667,408 18.19 %
Lodging 514,360 608,077 18.22 %
F & B 429,607 474,943 10.55 %
Other 19,955 16,814 -15.74 %
Total 1,528,602 1,767,242 15.61 %
LIONSHEAD
Retail 220,312 227,617 3.32 %
Lodging 373,107 462,763 24.03 %
F & B 107,291 115,036 7.22 %
Other 3,310 3,022 -8.69 %
Total 704,020 808,438 14.83 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 276,311 301,527 9.13 %
Lodging 147,817 169,838 14.90 %
F & B 53,252 61,315 15.14 %
Other 4,348 4,129 -5.03 %
Total 481,727 536,809 11.43 %
OUT OF TOWN
Retail 89,616 106,455 18.79 %
Lodging 20,316 30,351 49.39 %
F & B 1,851 2,074 12.06 %
Utilities & Other 146,781 154,651 5.36 %
Total 258,564 293,531 13.52 %
2/7/2014 1:01:44 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
DecemberDecemberDecemberDecember
Sales Tax Newsletter
December 2013 Sales TaxDecember 2013 Sales TaxDecember 2013 Sales TaxDecember 2013 Sales Tax
TOTALTOTALTOTALTOTAL
DecemberDecemberDecember
2012 2013 %
Collections Collections Change
Retail 1,150,920 1,303,007 13.21 %
Lodging And Property Mgmt 1,055,601 1,271,029 20.41 %
Food and Beverage 592,000 653,368 10.37 %
Other 174,393 178,616 2.42 %
Total 2,972,914 3,406,020 14.57 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
DecemberDecemberDecember
2012 2013 %
Collections Collections Change
RETAIL-FOOD 197,063 215,060 9.13 %
RETAIL-LIQUOR 70,249 73,538 4.68 %
RETAIL-APPAREL 161,858 194,185 19.97 %
RETAIL-SPORT 496,096 558,494 12.58 %
RETAIL-JEWELRY 52,202 51,990 -0.41 %
RETAIL-GIFT 13,168 9,076 -31.08 %
RETAIL-GALLERY 9,092 8,659 -4.77 %
RETAIL-OTHER 150,713 191,998 27.39 %
RETAIL-HOME OCCUPATION 480 6 -98.68 %
Total 1,150,920 1,303,007 13.21 %
2/7/2014 1:01:44 PM Page 2 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
December YTDDecember YTDDecember YTDDecember YTD
Sales Tax Newsletter
December YTD 2013 Sales TaxDecember YTD 2013 Sales TaxDecember YTD 2013 Sales TaxDecember YTD 2013 Sales Tax
December YTDDecember YTDDecember YTD
2012 2013 %
Collections Collections Change
VAIL VILLAGE
Retail 2,846,534 3,192,098 12.14 %
Lodging 3,143,049 3,607,636 14.78 %
F & B 3,421,694 3,659,839 6.96 %
Other 113,672 124,009 9.09 %
Total 9,524,949 10,583,582 11.11 %
LIONSHEAD
Retail 1,157,758 1,222,651 5.61 %
Lodging 2,136,620 2,381,113 11.44 %
F & B 978,121 1,019,507 4.23 %
Other 46,846 50,664 8.15 %
Total 4,319,345 4,673,935 8.21 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 1,828,933 1,921,333 5.05 %
Lodging 1,124,261 1,229,277 9.34 %
F & B 621,506 682,292 9.78 %
Other 65,322 62,207 -4.77 %
Total 3,640,021 3,895,109 7.01 %
OUT OF TOWN
Retail 682,474 980,449 43.66 %
Lodging 214,498 197,207 -8.06 %
F & B 12,886 13,190 2.36 %
Utilities & Other 1,679,662 1,627,669 -3.10 %
Total 2,589,520 2,818,514 8.84 %
2/7/2014 1:15:07 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
December YTDDecember YTDDecember YTDDecember YTD
Sales Tax Newsletter
December YTD 2013 Sales TaxDecember YTD 2013 Sales TaxDecember YTD 2013 Sales TaxDecember YTD 2013 Sales Tax
TOTALTOTALTOTALTOTAL
December YTDDecember YTDDecember YTD
2012 2013 %
Collections Collections Change
Retail 6,515,699 7,316,530 12.29 %
Lodging And Property Mgmt 6,618,429 7,415,233 12.04 %
Food and Beverage 5,034,206 5,374,828 6.77 %
Other 1,905,502 1,864,550 -2.15 %
Total 20,073,836 21,971,140 9.45 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
December YTDDecember YTDDecember YTD
2012 2013 %
Collections Collections Change
RETAIL-FOOD 1,362,612 1,433,834 5.23 %
RETAIL-LIQUOR 453,106 484,136 6.85 %
RETAIL-APPAREL 900,284 1,164,980 29.40 %
RETAIL-SPORT 2,376,764 2,571,001 8.17 %
RETAIL-JEWELRY 219,654 248,035 12.92 %
RETAIL-GIFT 84,503 71,055 -15.91 %
RETAIL-GALLERY 64,469 64,624 0.24 %
RETAIL-OTHER 1,049,147 1,276,097 21.63 %
RETAIL-HOME OCCUPATION 5,159 2,768 -46.35 %
Total 6,515,699 7,316,530 12.29 %
2/7/2014 1:15:08 PM Page 2 of 2