HomeMy WebLinkAbout02. 2019_January_VBRVail Business Review
January 2019
March 26, 2019
The Vail Business Review breaks down the four percent sales tax collected for the
month of January.
Overall January sales tax increased 7.2% with retail increasing 7.9%, lodging increased
5.3%, food and beverage increased 11.4%, and utilities/other increased by 1.4%.
Excluding the out of town category; sales tax for the month of January was up 8.6%.
Town of Vail sales tax forms, the Vail Business Review and sales tax worksheets 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
Carlie Smith at (970) 479-2119.
Sincerely,
Alex Jakubiec
Sales Tax Administrator
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
JanuaryJanuaryJanuaryJanuary
Sales Tax Newsletter
January 2019 Sales TaxJanuary 2019 Sales TaxJanuary 2019 Sales TaxJanuary 2019 Sales Tax
JanuaryJanuaryJanuary
2018 2019 %
Collections Collections Change
VAIL VILLAGE
Retail 499,934 542,301 8.47 %
Lodging 724,634 759,888 4.87 %
F & B 578,896 637,754 10.17 %
Other 35,110 26,312 -25.06 %
Total 1,838,574 1,966,254 6.94 %
LIONSHEAD
Retail 222,996 256,501 15.02 %
Lodging 544,112 561,054 3.11 %
F & B 149,939 168,372 12.29 %
Other 3,765 4,778 26.92 %
Total 920,812 990,704 7.59 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 229,166 221,116 -3.51 %
Lodging 163,486 238,598 45.94 %
F & B 63,911 78,266 22.46 %
Other 9,057 8,718 -3.75 %
Total 465,620 17.41 %
OUT OF TOWN
Retail 138,239 156,740 13.38 %
Lodging 52,006 3,311 -93.63 %
F & B 3,131 2,546 -18.70 %
Utilities & Other 179,228 190,587 6.34%
Total 372,604 353,184 -5.21 %
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TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
JanuaryJanuaryJanuaryJanuary
Sales Tax Newsletter
January 2019 Sales TaxJanuary 2019 Sales TaxJanuary 2019 Sales TaxJanuary 2019 Sales Tax
TOTALTOTALTOTALTOTAL
JanuaryJanuaryJanuary
2018 2019 %
Collections Collections Change
Retail 1,090,335 1,176,765
Lodging And Property Mgmt 1,484,239 1,562,850 5.30 %
Food and Beverage 795,877 886,938 11.44 %
Other 227,159 230,286 1.38 %
Total 3,597,610 3,856,840 7.21 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
JanuaryJanuaryJanuary
2018 2019 %
Collections Collections Change
RETAIL-FOOD 183,109 177,478 -3.08 %
RETAIL-LIQUOR 61,202 63,190 3.25 %
RETAIL-APPAREL 178,804 189,644 6.06 %
RETAIL-SPORT 441,051 495,646 12.38 %
RETAIL-JEWELRY 20,818 19,200 -7.77 %
RETAIL-GIFT 5,486 7,276 32.62 %
RETAIL-GALLERY 2,752 5,746 108.83 %
RETAIL-OTHER 196,954 218,084 10.73 %
RETAIL-HOME OCCUPATION 158 500 216.02 %
Total 1,090,335 1,176,765 7.93 %
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7.93 %