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HomeMy WebLinkAbout2015_August_VBR Vail Business Review August 2015 October 7, 2015 The August Vail Business Review breaks down the four percent sales tax collected for August. Overall August sales tax decreased .7% with Retail decreasing 3.0, Lodging increased 2.1%, Food and Beverage was flat and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) decreased 3.2%. Excluding the Out of Town category, sales tax for the month of August was up 1.1%. 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 AugustAugustAugustAugust Sales Tax Newsletter August 2015 Sales TaxAugust 2015 Sales TaxAugust 2015 Sales TaxAugust 2015 Sales Tax AugustAugustAugust 2014 2015 % Collections Collections Change VAIL VILLAGE Retail 253,482 255,379 0.75 % Lodging 232,791 249,155 7.03 % F & B 355,564 355,474 -0.03 % Other 6,659 8,885 33.43 % Total 848,497 868,893 2.40 % LIONSHEAD Retail 73,922 68,444 -7.41 % Lodging 137,477 136,255 -0.89 % F & B 96,446 95,157 -1.34 % Other 4,836 2,387 -50.65 % Total 312,681 302,243 -3.34 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 152,373 160,685 5.46 % Lodging 78,456 73,298 -6.57 % F & B 58,035 60,301 3.90 % Other 7,623 7,584 -0.51 % Total 296,486 301,868 1.82 % OUT OF TOWN Retail 98,015 75,817 -22.65 % Lodging 7,799 7,414 -4.94 % F & B 1,615 752 -53.45 % Utilities & Other 110,159 106,241 -3.56 % Total 217,588 190,223 -12.58 % 10/7/2015 2:40:49 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW AugustAugustAugustAugust Sales Tax Newsletter August 2015 Sales TaxAugust 2015 Sales TaxAugust 2015 Sales TaxAugust 2015 Sales Tax TOTALTOTALTOTALTOTAL AugustAugustAugust 2014 2015 % Collections Collections Change Retail 577,792 560,325 -3.02 % Lodging And Property Mgmt 456,523 466,122 2.10 % Food and Beverage 511,660 511,683 0.00 % Other 129,278 125,097 -3.23 % Total 1,675,252 1,663,228 -0.72 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY AugustAugustAugust 2014 2015 % Collections Collections Change RETAIL-FOOD 123,092 131,257 6.63 % RETAIL-LIQUOR 40,314 43,799 8.64 % RETAIL-APPAREL 125,884 126,679 0.63 % RETAIL-SPORT 115,426 104,670 -9.32 % RETAIL-JEWELRY 30,542 27,537 -9.84 % RETAIL-GIFT 7,106 5,328 -25.03 % RETAIL-GALLERY 5,681 4,351 -23.41 % RETAIL-OTHER 129,700 116,704 -10.02 % RETAIL-HOME OCCUPATION 46 0 -100.00 % Total 577,792 560,325 -3.02 % 10/7/2015 2:40:49 PM Page 2 of 2