HomeMy WebLinkAbout2014_December_YTD_VBR
Vail Business Review
December 2014
February 9, 2015
The December Vail Business Review breaks down the four percent sales tax collected
for December and the year. Overall December sales tax increased 11.4% with Retail
increasing 12.1%, Lodging increased 12.4%, Food and Beverage increased 9.3% and
Utilities/Other (which is mainly utilities but also includes taxable services and rentals)
increased 6.7%. Excluding the Out of Town category, sales tax for the month of
December was up 11.9%. The year resulted in an 8.5% increase overall with Retail
increasing 8.8%, Lodging increased 10.8%, Food and Beverage increased 6.8% and
Utilities/Other increased 2.5%. Excluding the Out of Town category, 2014 sales tax is up
8.7%.
Electronic filing and payment of Vail sales tax is now an option. Please
visit www.vailgov.com/epay
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
Kathleen Halloran at (970) 479-2116.
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 2014 Sales TaxDecember 2014 Sales TaxDecember 2014 Sales TaxDecember 2014 Sales Tax
DecemberDecemberDecember
2013 2014 %
Collections Collections Change
VAIL VILLAGE
Retail 671,573 771,536 14.88 %
Lodging 608,077 728,429 19.79 %
F & B 481,950 528,673 9.69 %
Other 16,814 13,448 -20.02 %
Total 1,778,414 2,042,086 14.83 %
LIONSHEAD
Retail 227,673 260,872 14.58 %
Lodging 462,763 458,491 -0.92 %
F & B 115,036 123,511 7.37 %
Other 3,022 1,030 -65.91 %
Total 808,494 843,905 4.38 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 307,672 329,131 6.97 %
Lodging 170,252 214,211 25.82 %
F & B 61,315 67,709 10.43 %
Other 4,159 5,058 21.63 %
Total 543,397 616,110 13.38 %
OUT OF TOWN
Retail 108,361 112,957 4.24 %
Lodging 30,314 28,432 -6.21 %
F & B 2,074 1,630 -21.42 %
Utilities & Other 154,704 171,148 10.63 %
Total 295,452 314,166 6.33 %
2/9/2015 7:30:32 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 2014 Sales TaxDecember 2014 Sales TaxDecember 2014 Sales TaxDecember 2014 Sales Tax
TOTALTOTALTOTALTOTAL
DecemberDecemberDecember
2013 2014 %
Collections Collections Change
Retail 1,315,279 1,474,497 12.11 %
Lodging And Property Mgmt 1,271,405 1,429,563 12.44 %
Food and Beverage 660,375 721,523 9.26 %
Other 178,698 190,684 6.71 %
Total 3,425,757 3,816,267 11.40 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
DecemberDecemberDecember
2013 2014 %
Collections Collections Change
RETAIL-FOOD 221,505 238,360 7.61 %
RETAIL-LIQUOR 73,538 84,110 14.38 %
RETAIL-APPAREL 196,227 223,592 13.95 %
RETAIL-SPORT 559,515 611,208 9.24 %
RETAIL-JEWELRY 51,990 62,933 21.05 %
RETAIL-GIFT 9,076 11,804 30.07 %
RETAIL-GALLERY 8,734 4,722 -45.93 %
RETAIL-OTHER 194,508 237,733 22.22 %
RETAIL-HOME OCCUPATION 185 34 -81.73 %
Total 1,315,279 1,474,497 12.11 %
2/9/2015 7:30:32 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 2014 Sales TaxDecember YTD 2014 Sales TaxDecember YTD 2014 Sales TaxDecember YTD 2014 Sales Tax
December YTDDecember YTDDecember YTD
2013 2014 %
Collections Collections Change
VAIL VILLAGE
Retail 3,200,353 3,588,252 12.12 %
Lodging 3,607,636 4,016,831 11.34 %
F & B 3,673,946 3,933,849 7.07 %
Other 124,009 103,469 -16.56 %
Total 10,605,945 11,642,401 9.77 %
LIONSHEAD
Retail 1,222,506 1,342,880 9.85 %
Lodging 2,381,113 2,626,358 10.30 %
F & B 1,024,916 1,091,410 6.49 %
Other 50,664 47,588 -6.07 %
Total 4,679,199 5,108,235 9.17 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 1,928,373 1,961,879 1.74 %
Lodging 1,231,107 1,347,286 9.44 %
F & B 682,292 722,821 5.94 %
Other 62,316 66,907 7.37 %
Total 3,904,088 4,098,893 4.99 %
OUT OF TOWN
Retail 986,325 1,090,404 10.55 %
Lodging 196,564 228,394 16.19 %
F & B 13,190 14,490 9.86 %
Utilities & Other 1,628,355 1,693,599 4.01 %
Total 2,824,434 3,026,888 7.17 %
2/9/2015 7:31:58 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 2014 Sales TaxDecember YTD 2014 Sales TaxDecember YTD 2014 Sales TaxDecember YTD 2014 Sales Tax
TOTALTOTALTOTALTOTAL
December YTDDecember YTDDecember YTD
2013 2014 %
Collections Collections Change
Retail 7,337,558 7,983,415 8.80 %
Lodging And Property Mgmt 7,416,420 8,218,869 10.82 %
Food and Beverage 5,394,344 5,762,571 6.83 %
Other 1,865,344 1,911,563 2.48 %
Total 22,013,667 23,876,418 8.46 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
December YTDDecember YTDDecember YTD
2013 2014 %
Collections Collections Change
RETAIL-FOOD 1,441,566 1,456,423 1.03 %
RETAIL-LIQUOR 484,136 527,603 8.98 %
RETAIL-APPAREL 1,168,480 1,297,796 11.07 %
RETAIL-SPORT 2,574,206 2,798,199 8.70 %
RETAIL-JEWELRY 248,035 264,738 6.73 %
RETAIL-GIFT 71,055 69,502 -2.19 %
RETAIL-GALLERY 64,699 63,428 -1.96 %
RETAIL-OTHER 1,282,076 1,505,217 17.40 %
RETAIL-HOME OCCUPATION 3,305 509 -84.59 %
Total 7,337,558 7,983,415 8.80 %
2/9/2015 7:31:59 PM Page 2 of 2