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Vail Business Review
June 2014
August 15, 2014
The June Vail Business Review breaks down the four percent sales tax collected for
June and year to date through second quarter.
Overall June sales tax increased 12.1% with Retail increasing 8.6%, Lodging increased 23.4%, Food and Beverage increased 8.7% and Utilities/Other (which is mainly utilities
but also includes taxable services and rentals) increased 9.1%. 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 June was up 11.9%.
Year to date through first quarter resulted in an 8.2% increase overall with Retail
increasing 7.3%, Lodging increased 11.2%, Food and Beverage increased 6.4% and
Utilities/Other increased 3.1%. Excluding the Out of Town category, sales tax for the first quarter is up 8.1%.
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
JuneJuneJuneJune
Sales Tax Newsletter
June 2014 Sales TaxJune 2014 Sales TaxJune 2014 Sales TaxJune 2014 Sales Tax
JuneJuneJune
2013 2014 %
Collections Collections Change
VAIL VILLAGE
Retail 110,130 131,506 19.41 %
Lodging 105,776 136,052 28.62 %
F & B 201,975 214,804 6.35 %
Other 6,567 3,049 -53.56 %
Total 424,447 485,411 14.36 %
LIONSHEAD
Retail 35,050 36,874 5.20 %
Lodging 71,530 92,575 29.42 %
F & B 60,223 69,331 15.13 %
Other 4,928 4,136 -16.06 %
Total 171,730 202,916 18.16 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 124,263 122,882 -1.11 %
Lodging 56,242 59,000 4.90 %
F & B 57,333 61,050 6.48 %
Other 4,231 6,688 58.07 %
Total 242,069 249,620 3.12 %
OUT OF TOWN
Retail 77,441 85,358 10.22 %
Lodging 3,594 4,903 36.44 %
F & B 406 2,660 554.47 %
Utilities & Other 102,780 115,400 12.28 %
Total 184,221 208,322 13.08 %
8/15/2014 11:23:14 AM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
JuneJuneJuneJune
Sales Tax Newsletter
June 2014 Sales TaxJune 2014 Sales TaxJune 2014 Sales TaxJune 2014 Sales Tax
TOTALTOTALTOTALTOTAL
JuneJuneJune
2013 2014 %
Collections Collections Change
Retail 346,883 376,620 8.57 %
Lodging And Property Mgmt 237,142 292,530 23.36 %
Food and Beverage 319,937 347,845 8.72 %
Other 118,506 129,274 9.09 %
Total 1,022,468 1,146,268 12.11 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
JuneJuneJune
2013 2014 %
Collections Collections Change
RETAIL-FOOD 97,601 95,989 -1.65 %
RETAIL-LIQUOR 28,777 30,820 7.10 %
RETAIL-APPAREL 56,824 65,647 15.53 %
RETAIL-SPORT 53,344 60,367 13.17 %
RETAIL-JEWELRY 12,902 16,709 29.50 %
RETAIL-GIFT 3,124 3,642 16.59 %
RETAIL-GALLERY 1,876 2,903 54.76 %
RETAIL-OTHER 92,220 100,509 8.99 %
RETAIL-HOME OCCUPATION 215 35 -83.94 %
Total 346,883 376,620 8.57 %
8/15/2014 11:23:14 AM Page 2 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
June YTDJune YTDJune YTDJune YTD
Sales Tax Newsletter
June YTD 2014 Sales TaxJune YTD 2014 Sales TaxJune YTD 2014 Sales TaxJune YTD 2014 Sales Tax
June YTDJune YTDJune YTD
2013 2014 %
Collections Collections Change
VAIL VILLAGE
Retail 1,734,740 1,909,663 10.08 %
Lodging 2,288,597 2,527,121 10.42 %
F & B 2,052,247 2,179,481 6.20 %
Other 79,211 63,822 -19.43 %
Total 6,154,795 6,680,087 8.53 %
LIONSHEAD
Retail 760,451 816,406 7.36 %
Lodging 1,520,554 1,712,424 12.62 %
F & B 586,787 616,906 5.13 %
Other 33,032 30,876 -6.53 %
Total 2,900,825 3,176,613 9.51 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 993,131 986,221 -0.70 %
Lodging 771,546 849,784 10.14 %
F & B 358,346 392,771 9.61 %
Other 32,819 33,948 3.44 %
Total 2,155,842 2,262,723 4.96 %
OUT OF TOWN
Retail 439,275 500,538 13.95 %
Lodging 132,507 153,590 15.91 %
F & B 6,516 7,524 15.46 %
Utilities & Other 929,664 979,463 5.36 %
Total 1,507,962 1,641,115 8.83 %
8/15/2014 11:24:17 AM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
June YTDJune YTDJune YTDJune YTD
Sales Tax Newsletter
June YTD 2014 Sales TaxJune YTD 2014 Sales TaxJune YTD 2014 Sales TaxJune YTD 2014 Sales Tax
TOTALTOTALTOTALTOTAL
June YTDJune YTDJune YTD
2013 2014 %
Collections Collections Change
Retail 3,927,598 4,212,828 7.26 %
Lodging And Property Mgmt 4,713,204 5,242,918 11.24 %
Food and Beverage 3,003,896 3,196,681 6.42 %
Other 1,074,726 1,108,109 3.11 %
Total 12,719,425 13,760,537 8.19 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
June YTDJune YTDJune YTD
2013 2014 %
Collections Collections Change
RETAIL-FOOD 726,808 714,170 -1.74 %
RETAIL-LIQUOR 259,645 277,463 6.86 %
RETAIL-APPAREL 613,106 660,107 7.67 %
RETAIL-SPORT 1,596,722 1,724,560 8.01 %
RETAIL-JEWELRY 103,036 107,975 4.79 %
RETAIL-GIFT 39,752 27,859 -29.92 %
RETAIL-GALLERY 27,930 29,107 4.22 %
RETAIL-OTHER 558,632 671,318 20.17 %
RETAIL-HOME OCCUPATION 1,967 269 -86.34 %
Total 3,927,598 4,212,828 7.26 %
8/15/2014 11:24:18 AM Page 2 of 2