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HomeMy WebLinkAbout150407 Revenue Highlights - 1 - 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.