HomeMy WebLinkAbout2015_December_YTD_VBR
Vail Business Review
December 2015
February 15, 2016
The December Vail Business Review breaks down the four percent sales tax collected
for December and the year. Overall December sales tax increased 1.6% with Retail
decreasing 4.0%, Lodging increased 6.4%, Food and Beverage increased 3.3% and
Utilities/Other (which is mainly utilities but also includes taxable services and rentals)
increased 1.4%. Excluding the Out of Town category, sales tax for the month of
December was up 1.2%. The year resulted in an 5.2% increase overall with Retail
increasing 3.8%, Lodging increased 8.2%, Food and Beverage increased 5.4% and
Utilities/Other decreased 2.6%. Excluding the Out of Town category, 2015 sales tax is
up 6.0%.
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
DecemberDecemberDecemberDecember
Sales Tax Newsletter
December 2015 Sales TaxDecember 2015 Sales TaxDecember 2015 Sales TaxDecember 2015 Sales Tax
DecemberDecemberDecember
2014 2015 %
Collections Collections Change
VAIL VILLAGE
Retail 772,124 706,515 -8.50 %
Lodging 719,990 807,198 12.11 %
F & B 528,673 545,287 3.14 %
Other 12,860 17,914 39.30 %
Total 2,033,647 2,076,913 2.13 %
LIONSHEAD
Retail 261,756 250,311 -4.37 %
Lodging 437,785 462,069 5.55 %
F & B 123,511 134,773 9.12 %
Other 1,030 1,380 33.98 %
Total 824,082 848,533 2.97 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 328,929 328,478 -0.14 %
Lodging 218,497 196,520 -10.06 %
F & B 67,709 63,745 -5.85 %
Other 5,065 4,923 -2.81 %
Total 620,200 593,666 -4.28 %
OUT OF TOWN
Retail 114,716 133,671 16.52 %
Lodging 56,173 58,404 3.97 %
F & B 1,630 1,675 2.81 %
Utilities & Other 171,148 168,539 -1.52 %
Total 343,667 362,290 5.42 %
2/13/2016 1:50:33 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
DecemberDecemberDecemberDecember
Sales Tax Newsletter
December 2015 Sales TaxDecember 2015 Sales TaxDecember 2015 Sales TaxDecember 2015 Sales Tax
TOTALTOTALTOTALTOTAL
DecemberDecemberDecember
2014 2015 %
Collections Collections Change
Retail 1,477,524 1,418,975 -3.96 %
Lodging And Property Mgmt 1,432,445 1,524,190 6.40 %
Food and Beverage 721,523 745,480 3.32 %
Other 190,103 192,757 1.40 %
Total 3,821,595 3,881,402 1.56 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
DecemberDecemberDecember
2014 2015 %
Collections Collections Change
RETAIL-FOOD 238,953 239,545 0.25 %
RETAIL-LIQUOR 75,353 78,423 4.07 %
RETAIL-APPAREL 233,029 235,489 1.06 %
RETAIL-SPORT 611,208 597,795 -2.19 %
RETAIL-JEWELRY 62,933 65,957 4.80 %
RETAIL-GIFT 11,804 10,986 -6.93 %
RETAIL-GALLERY 4,722 5,362 13.56 %
RETAIL-OTHER 239,486 185,350 -22.61 %
RETAIL-HOME OCCUPATION 34 67 98.88 %
Total 1,477,524 1,418,975 -3.96 %
2/13/2016 1:50:33 PM Page 2 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
December YTDDecember YTDDecember YTDDecember YTD
Sales Tax Newsletter
December YTD 2015 Sales TaxDecember YTD 2015 Sales TaxDecember YTD 2015 Sales TaxDecember YTD 2015 Sales Tax
December YTDDecember YTDDecember YTD
2014 2015 %
Collections Collections Change
VAIL VILLAGE
Retail 3,594,355 3,758,375 4.56 %
Lodging 3,999,709 4,423,507 10.60 %
F & B 3,933,849 4,222,891 7.35 %
Other 97,793 121,199 23.93 %
Total 11,625,705 12,525,972 7.74 %
LIONSHEAD
Retail 1,344,220 1,376,328 2.39 %
Lodging 2,517,699 2,715,769 7.87 %
F & B 1,091,410 1,114,599 2.12 %
Other 47,588 47,316 -0.57 %
Total 5,000,916 5,254,011 5.06 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 1,961,220 2,000,511 2.00 %
Lodging 1,354,792 1,399,227 3.28 %
F & B 722,821 723,459 0.09 %
Other 66,927 69,138 3.30 %
Total 4,105,759 4,192,335 2.11 %
OUT OF TOWN
Retail 1,099,045 1,164,781 5.98 %
Lodging 352,528 362,389 2.80 %
F & B 14,490 14,233 -1.78 %
Utilities & Other 1,693,893 1,619,633 -4.38 %
Total 3,159,956 3,161,036 0.03 %
2/13/2016 1:51:35 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
December YTDDecember YTDDecember YTDDecember YTD
Sales Tax Newsletter
December YTD 2015 Sales TaxDecember YTD 2015 Sales TaxDecember YTD 2015 Sales TaxDecember YTD 2015 Sales Tax
TOTALTOTALTOTALTOTAL
December YTDDecember YTDDecember YTD
2014 2015 %
Collections Collections Change
Retail 7,998,839 8,299,995 3.76 %
Lodging And Property Mgmt 8,224,727 8,900,893 8.22 %
Food and Beverage 5,762,571 6,075,181 5.42 %
Other 1,906,200 1,857,286 -2.57 %
Total 23,892,337 25,133,355 5.19 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
December YTDDecember YTDDecember YTD
2014 2015 %
Collections Collections Change
RETAIL-FOOD 1,462,585 1,517,022 3.72 %
RETAIL-LIQUOR 473,730 515,322 8.78 %
RETAIL-APPAREL 1,352,350 1,522,800 12.60 %
RETAIL-SPORT 2,798,199 2,785,053 -0.47 %
RETAIL-JEWELRY 264,738 277,496 4.82 %
RETAIL-GIFT 69,502 56,769 -18.32 %
RETAIL-GALLERY 63,428 52,797 -16.76 %
RETAIL-OTHER 1,513,798 1,572,136 3.85 %
RETAIL-HOME OCCUPATION 509 601 18.00 %
Total 7,998,839 8,299,995 3.76 %
2/13/2016 1:51:36 PM Page 2 of 2