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Home My WebLink About2016_March_1stQtr_VBR Vail Business Review March 2015 May 31, 2016 The March Vail Business Review breaks down the four percent sales tax collected for March and first quarter 2016. Overall March sales tax increased 3.6% with Retail increasing 2.2%, Lodging increased 7.2%, Food and Beverage decreased .3% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) decreased 1.2%. Excluding the Out of Town category, sales tax for the month of March was up 4.0%. The first quarter resulted in a 2.9% increase overall with Retail increasing 1.2%, Lodging increased 4.7%, Food and Beverage increased 1.4% and Utilities/Other increased 4.0%. Excluding the Out of Town category, first quarter sales tax is up 2.8%. 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 MarchMarchMarchMarch Sales Tax Newsletter March 2016 Sales TaxMarch 2016 Sales TaxMarch 2016 Sales TaxMarch 2016 Sales Tax MarchMarchMarch 2015 2016 % Collections Collections Change VAIL VILLAGE Retail 612,112 616,656 0.74 % Lodging 873,635 931,729 6.65 % F & B 621,077 631,098 1.61 % Other 23,076 29,252 26.76 % Total 2,129,900 2,208,736 3.70 % LIONSHEAD Retail 261,152 262,660 0.58 % Lodging 550,121 615,568 11.90 % F & B 146,780 145,045 -1.18 % Other 4,633 5,614 21.17 % Total 962,686 1,028,888 6.88 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 231,511 239,197 3.32 % Lodging 269,878 274,742 1.80 % F & B 111,883 100,957 -9.77 % Other 5,870 7,025 19.67 % Total 619,142 621,922 0.45 % OUT OF TOWN Retail 91,129 103,476 13.55 % Lodging 71,562 69,961 -2.24 % F & B 1,783 1,538 -13.72 % Utilities & Other 178,440 167,682 -6.03 % Total 342,914 342,656 -0.08 % 5/31/2016 3:28:12 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW MarchMarchMarchMarch Sales Tax Newsletter March 2016 Sales TaxMarch 2016 Sales TaxMarch 2016 Sales TaxMarch 2016 Sales Tax TOTALTOTALTOTALTOTAL MarchMarchMarch 2015 2016 % Collections Collections Change Retail 1,195,904 1,221,989 2.18 % Lodging And Property Mgmt 1,765,195 1,892,000 7.18 % Food and Beverage 881,523 878,639 -0.33 % Other 212,020 209,574 -1.15 % Total 4,054,641 4,202,201 3.64 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY MarchMarchMarch 2015 2016 % Collections Collections Change RETAIL-FOOD 168,775 178,927 6.02 % RETAIL-LIQUOR 63,752 66,988 5.08 % RETAIL-APPAREL 212,028 213,821 0.85 % RETAIL-SPORT 557,520 579,740 3.99 % RETAIL-JEWELRY 29,857 27,524 -7.81 % RETAIL-GIFT 5,948 5,236 -11.98 % RETAIL-GALLERY 7,380 3,995 -45.87 % RETAIL-OTHER 150,582 145,703 -3.24 % RETAIL-HOME OCCUPATION 62 56 -9.93 % Total 1,195,904 1,221,989 2.18 % 5/31/2016 3:28:12 PM Page 2 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW March YTDMarch YTDMarch YTDMarch YTD Sales Tax Newsletter March YTD 2016 Sales TaxMarch YTD 2016 Sales TaxMarch YTD 2016 Sales TaxMarch YTD 2016 Sales Tax March YTDMarch YTDMarch YTD 2015 2016 % Collections Collections Change VAIL VILLAGE Retail 1,664,211 1,629,871 -2.06 % Lodging 2,361,476 2,459,888 4.17 % F & B 1,783,399 1,795,298 0.67 % Other 59,288 76,341 28.76 % Total 5,868,374 5,961,398 1.59 % LIONSHEAD Retail 718,117 725,391 1.01 % Lodging 1,514,060 1,661,782 9.76 % F & B 414,558 441,689 6.54 % Other 18,542 23,275 25.53 % Total 2,665,278 2,852,137 7.01 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 663,707 686,264 3.40 % Lodging 796,484 785,528 -1.38 % F & B 300,977 295,380 -1.86 % Other 20,536 20,344 -0.93 % Total 1,781,704 1,787,517 0.33 % OUT OF TOWN Retail 258,723 304,280 17.61 % Lodging 214,151 208,432 -2.67 % F & B 5,746 6,810 18.52 % Utilities & Other 553,491 557,879 0.79 % Total 1,032,111 1,077,401 4.39 % 5/31/2016 3:29:16 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW March YTDMarch YTDMarch YTDMarch YTD Sales Tax Newsletter March YTD 2016 Sales TaxMarch YTD 2016 Sales TaxMarch YTD 2016 Sales TaxMarch YTD 2016 Sales Tax TOTALTOTALTOTALTOTAL March YTDMarch YTDMarch YTD 2015 2016 % Collections Collections Change Retail 3,304,758 3,345,807 1.24 % Lodging And Property Mgmt 4,886,172 5,115,630 4.70 % Food and Beverage 2,504,680 2,539,176 1.38 % Other 651,857 677,840 3.99 % Total 11,347,467 11,678,453 2.92 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY March YTDMarch YTDMarch YTD 2015 2016 % Collections Collections Change RETAIL-FOOD 483,347 502,506 3.96 % RETAIL-LIQUOR 186,951 194,309 3.94 % RETAIL-APPAREL 615,873 575,412 -6.57 % RETAIL-SPORT 1,508,277 1,564,161 3.71 % RETAIL-JEWELRY 79,612 67,086 -15.73 % RETAIL-GIFT 17,250 16,402 -4.92 % RETAIL-GALLERY 23,996 11,786 -50.88 % RETAIL-OTHER 389,266 413,978 6.35 % RETAIL-HOME OCCUPATION 186 167 -9.93 % Total 3,304,758 3,345,807 1.24 % 5/31/2016 3:29:17 PM Page 2 of 2