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HomeMy WebLinkAbout2015_July_VBR Vail Business Review July 2015 September 20, 2015 The July Vail Business Review breaks down the four percent sales tax collected for July. Overall July sales tax increased 3.8% with Retail increasing .5%, Lodging increased 4.7%, Food and Beverage increased 8.3% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) decreased 3.4%. Excluding the Out of Town category, sales tax for the month of July was up 6.1%. 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 JulyJulyJulyJuly Sales Tax Newsletter July 2015 Sales TaxJuly 2015 Sales TaxJuly 2015 Sales TaxJuly 2015 Sales Tax JulyJulyJuly 2014 2015 % Collections Collections Change VAIL VILLAGE Retail 289,980 302,088 4.18 % Lodging 255,460 268,989 5.30 % F & B 368,578 409,779 11.18 % Other 7,042 6,891 -2.14 % Total 921,060 987,747 7.24 % LIONSHEAD Retail 80,815 89,011 10.14 % Lodging 153,723 166,855 8.54 % F & B 124,045 110,214 -11.15 % Other 4,206 2,939 -30.12 % Total 362,789 369,019 1.72 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 173,147 178,211 2.92 % Lodging 87,945 87,228 -0.82 % F & B 62,851 82,160 30.72 % Other 6,904 8,790 27.31 % Total 330,847 356,388 7.72 % OUT OF TOWN Retail 94,069 72,007 -23.45 % Lodging 10,648 8,518 -20.01 % F & B 1,585 961 -39.37 % Utilities & Other 108,543 103,766 -4.40 % Total 214,846 185,252 -13.77 % 9/20/2015 10:36:41 AM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW JulyJulyJulyJuly Sales Tax Newsletter July 2015 Sales TaxJuly 2015 Sales TaxJuly 2015 Sales TaxJuly 2015 Sales Tax TOTALTOTALTOTALTOTAL JulyJulyJuly 2014 2015 % Collections Collections Change Retail 638,012 641,317 0.52 % Lodging And Property Mgmt 507,775 531,589 4.69 % Food and Beverage 557,060 603,113 8.27 % Other 126,696 122,387 -3.40 % Total 1,829,542 1,898,406 3.76 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY JulyJulyJuly 2014 2015 % Collections Collections Change RETAIL-FOOD 144,797 147,444 1.83 % RETAIL-LIQUOR 47,253 51,705 9.42 % RETAIL-APPAREL 133,158 156,403 17.46 % RETAIL-SPORT 122,210 122,424 0.17 % RETAIL-JEWELRY 32,132 37,639 17.14 % RETAIL-GIFT 7,485 5,332 -28.77 % RETAIL-GALLERY 13,608 5,045 -62.93 % RETAIL-OTHER 137,321 115,325 -16.02 % RETAIL-HOME OCCUPATION 46 0 -100.00 % Total 638,012 641,317 0.52 % 9/20/2015 10:36:41 AM Page 2 of 2