HomeMy WebLinkAbout2015 February VBR
Vail Business Review
February 2015
April 7, 2015
The February Vail Business Review breaks down the four percent sales tax collected for February. Overall February sales tax increased 1.6% with Retail decreasing .3%, Lodging increased 2.7%, Food and Beverage increased 5.3% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) decreased 10.2%. Excluding the Out of Town category, sales tax for the month of February was up 2.9%.
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
FebruaryFebruaryFebruaryFebruary
Sales Tax Newsletter
February 2015 Sales TaxFebruary 2015 Sales TaxFebruary 2015 Sales TaxFebruary 2015 Sales Tax
FebruaryFebruaryFebruary
2014 2015 %
Collections Collections Change
VAIL VILLAGE
Retail 480,857 513,677 6.83 %
Lodging 692,160 749,016 8.21 %
F & B 531,675 583,160 9.68 %
Other 13,590 13,972 2.81 %
Total 1,718,283 1,859,826 8.24 %
LIONSHEAD
Retail 225,113 207,232 -7.94 %
Lodging 500,907 493,086 -1.56 %
F & B 146,932 135,027 -8.10 %
Other 7,195 7,261 0.91 %
Total 880,147 842,606 -4.27 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 219,585 216,999 -1.18 %
Lodging 259,992 249,142 -4.17 %
F & B 83,976 84,811 0.99 %
Other 6,166 6,342 2.86 %
Total 569,718 557,293 -2.18 %
OUT OF TOWN
Retail 81,569 65,405 -19.82 %
Lodging 41,525 43,778 5.43 %
F & B 1,202 1,175 -2.19 %
Utilities & Other 185,319 163,069 -12.01 %
Total 309,615 273,427 -11.69 %
4/7/2015 1:30:05 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
FebruaryFebruaryFebruaryFebruary
Sales Tax Newsletter
February 2015 Sales TaxFebruary 2015 Sales TaxFebruary 2015 Sales TaxFebruary 2015 Sales Tax
TOTALTOTALTOTALTOTAL
FebruaryFebruaryFebruary
2014 2015 %
Collections Collections Change
Retail 1,007,124 1,003,312 -0.38 %
Lodging And Property Mgmt 1,494,585 1,535,022 2.71 %
Food and Beverage 763,784 804,174 5.29 %
Other 212,270 190,644 -10.19 %
Total 3,477,763 3,533,152 1.59 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
FebruaryFebruaryFebruary
2014 2015 %
Collections Collections Change
RETAIL-FOOD 152,982 157,497 2.95 %
RETAIL-LIQUOR 65,532 69,462 6.00 %
RETAIL-APPAREL 161,073 191,892 19.13 %
RETAIL-SPORT 477,835 441,111 -7.69 %
RETAIL-JEWELRY 27,053 27,741 2.54 %
RETAIL-GIFT 6,263 4,783 -23.63 %
RETAIL-GALLERY 4,248 8,821 107.67 %
RETAIL-OTHER 112,083 102,005 -8.99 %
RETAIL-HOME OCCUPATION 55 0 -100.00 %
Total 1,007,124 1,003,312 -0.38 %
4/7/2015 1:30:05 PM Page 2 of 2