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TOWN OF VAIL
REVENUE HIGHLIGHTS
April 7, 2015
Sales Tax
Upon receipt of all sales tax returns, February collections are estimated to be
$3,586,776 up 3.1% from last year and down .9% compared to budget. Inflation
as measured by the consumer price index was down 0.1% for February. The
annual budget totals $24.5 million.
Real Estate Transfer Tax (RETT)
RETT collections through March 25 total $966,476 down 10.1% from this time
last year. The annual 2015 RETT budget currently totals $5,670,000.
Construction Use Tax
Use Tax collections through February total $129,596 compared to $25,282 from
this time last year. The annual budget totals $1.8 million.
Parking Revenue
Season to date:
Pass sales from November through March 25 total $796,741, up 6.6% from prior
winter season.
Daily sales from the parking structures from November through March 25 total
approximately $3.6 million, up 15.5% from the prior winter season.