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Vail Business Review
April 2015
June 16, 2015
The April Vail Business Review breaks down the four percent sales tax collected for April and the ski season. Overall April sales tax increased 4.1% with Retail increasing 7.9%, Lodging increased 18.7%, Food and Beverage decreased 3.1% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) decreased 17.5%. Excluding the Out of Town category, sales tax for the month of April
was up 8.1%. The ski season resulted in an 6.4% increase overall with Retail increasing 6.8%, Lodging increased 8.6%, Food and Beverage increased 4.9% and Utilities/Other decreased 3.3%. Excluding the Out of Town category, ski season sales tax is up 7.4%. 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
AprilAprilAprilApril
Sales Tax Newsletter
April 2015 Sales TaxApril 2015 Sales TaxApril 2015 Sales TaxApril 2015 Sales Tax
AprilAprilApril
2014 2015 %
Collections Collections Change
VAIL VILLAGE
Retail 191,276 238,899 24.90 %
Lodging 159,016 190,473 19.78 %
F & B 226,984 227,708 0.32 %
Other 9,902 7,983 -19.38 %
Total 587,178 665,062 13.26 %
LIONSHEAD
Retail 78,407 77,007 -1.79 %
Lodging 102,911 132,377 28.63 %
F & B 61,197 57,770 -5.60 %
Other 2,420 4,294 77.43 %
Total 244,936 271,449 10.82 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 122,793 121,686 -0.90 %
Lodging 33,500 22,633 -32.44 %
F & B 41,327 33,599 -18.70 %
Other 4,078 2,923 -28.31 %
Total 201,697 180,842 -10.34 %
OUT OF TOWN
Retail 77,043 69,146 -10.25 %
Lodging 6,530 12,996 99.02 %
F & B 511 649 26.81 %
Utilities & Other 163,163 132,956 -18.51 %
Total 247,248 215,747 -12.74 %
6/15/2015 6:06:00 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
AprilAprilAprilApril
Sales Tax Newsletter
April 2015 Sales TaxApril 2015 Sales TaxApril 2015 Sales TaxApril 2015 Sales Tax
TOTALTOTALTOTALTOTAL
AprilAprilApril
2014 2015 %
Collections Collections Change
Retail 469,519 506,738 7.93 %
Lodging And Property Mgmt 301,958 358,479 18.72 %
Food and Beverage 330,019 319,726 -3.12 %
Other 179,563 148,156 -17.49 %
Total 1,281,059 1,333,099 4.06 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
AprilAprilApril
2014 2015 %
Collections Collections Change
RETAIL-FOOD 93,380 96,433 3.27 %
RETAIL-LIQUOR 33,233 33,261 0.08 %
RETAIL-APPAREL 72,493 87,379 20.53 %
RETAIL-SPORT 158,436 156,175 -1.43 %
RETAIL-JEWELRY 10,073 14,235 41.32 %
RETAIL-GIFT 3,087 2,283 -26.04 %
RETAIL-GALLERY 3,100 4,313 39.14 %
RETAIL-OTHER 95,682 112,660 17.74 %
RETAIL-HOME OCCUPATION 35 0 -100.00 %
Total 469,519 506,738 7.93 %
6/15/2015 6:06:00 PM Page 2 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
Ski SeasonSki SeasonSki SeasonSki Season
Sales Tax Newsletter
Ski Season 2014/2015 Sales TaxSki Season 2014/2015 Sales TaxSki Season 2014/2015 Sales TaxSki Season 2014/2015 Sales Tax
Ski SeasonSki SeasonSki Season
2013/2014 2014/2015 %
Collections Collections Change
VAIL VILLAGE
Retail 2,519,032 2,809,156 11.52 %
Lodging 3,057,259 3,390,780 10.91 %
F & B 2,508,143 2,688,345 7.18 %
Other 75,030 82,915 10.51 %
Total 8,159,464 8,971,196 9.95 %
LIONSHEAD
Retail 1,050,415 1,112,040 5.87 %
Lodging 2,110,418 2,229,495 5.64 %
F & B 681,903 674,347 -1.11 %
Other 27,832 25,523 -8.30 %
Total 3,870,568 4,041,405 4.41 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 1,193,258 1,227,776 2.89 %
Lodging 990,019 1,059,904 7.06 %
F & B 406,108 407,586 0.36 %
Other 29,777 32,457 9.00 %
Total 2,619,161 2,727,723 4.14 %
OUT OF TOWN
Retail 560,592 536,329 -4.33 %
Lodging 184,161 205,151 11.40 %
F & B 7,114 8,179 14.97 %
Utilities & Other 1,006,034 960,273 -4.55 %
Total 1,757,900 1,709,932 -2.73 %
6/15/2015 6:09:51 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
Ski SeasonSki SeasonSki SeasonSki Season
Sales Tax Newsletter
Ski Season 2014/2015 Sales TaxSki Season 2014/2015 Sales TaxSki Season 2014/2015 Sales TaxSki Season 2014/2015 Sales Tax
TOTALTOTALTOTALTOTAL
Ski SeasonSki SeasonSki Season
2013/2014 2014/2015 %
Collections Collections Change
Retail 5,323,297 5,685,301 6.80 %
Lodging And Property Mgmt 6,341,856 6,885,330 8.57 %
Food and Beverage 3,603,268 3,778,457 4.86 %
Other 1,138,673 1,101,168 -3.29 %
Total 16,407,093 17,450,257 6.36 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
Ski SeasonSki SeasonSki Season
2013/2014 2014/2015 %
Collections Collections Change
RETAIL-FOOD 857,919 897,322 4.59 %
RETAIL-LIQUOR 329,545 362,036 9.86 %
RETAIL-APPAREL 813,286 949,018 16.69 %
RETAIL-SPORT 2,302,180 2,393,880 3.98 %
RETAIL-JEWELRY 146,191 165,303 13.07 %
RETAIL-GIFT 34,255 35,768 4.42 %
RETAIL-GALLERY 34,973 34,646 -0.94 %
RETAIL-OTHER 804,378 847,074 5.31 %
RETAIL-HOME OCCUPATION 571 254 -55.53 %
Total 5,323,297 5,685,301 6.80 %
6/15/2015 6:09:51 PM Page 2 of 2