HomeMy WebLinkAbout02. 2019_February_VBR
Vail Business Review
February 2019
May 1, 2019
The Vail Business Review breaks down the four percent sales tax collected for the
month of February.
Overall February sales tax increased 7.4% with retail increasing 6.4%, lodging
increased 8.0%, food and beverage increased 6.1%, and utilities/other increased by
13.0%. Excluding the out of town category; sales tax for the month of February was up
8.1%.
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
FebruaryFebruaryFebruaryFebruary
Sales Tax Newsletter
February 2019 Sales TaxFebruary 2019 Sales TaxFebruary 2019 Sales TaxFebruary 2019 Sales Tax
FebruaryFebruaryFebruary
2018 2019 %
Collections Collections Change
VAIL VILLAGE
Retail 526,926 542,298 2.92 %
Lodging 768,498 829,038 7.88 %
F & B 607,943 632,174 3.99 %
Other 31,601 38,493 21.81 %
Total 1,934,969 2,042,003 5.53 %
LIONSHEAD
Retail 241,171 252,676 4.77 %
Lodging 588,984 627,557 6.55 %
F & B 156,110 165,987 6.33 %
Other 5,718 4,532 -20.74 %
Total 991,982 1,050,752 5.92 %
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Retail 213,999 223,083 4.24 %
Lodging 239,322 324,249 35.49 %
F & B 81,683 98,991 21.19 %
Other 5,809 10,064 73.26 %
Total 540,813 656,387 21.37 %
OUT OF TOWN
Retail 122,453 156,945 28.17 %
Lodging 57,133 4,990 -91.27 %
F & B 1,283 1,763 37.39 %
Utilities & Other 167,617 185,000 10.37 %
Total 348,486 348,698 0.06 %
5/1/2019 12:16:38 PM Page 1 of 2
TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW
FebruaryFebruaryFebruaryFebruary
Sales Tax Newsletter
February 2019 Sales TaxFebruary 2019 Sales TaxFebruary 2019 Sales TaxFebruary 2019 Sales Tax
TOTALTOTALTOTALTOTAL
FebruaryFebruaryFebruary
2018 2019 %
Collections Collections Change
Retail 1,104,548 1,175,001 6.38 %
Lodging And Property Mgmt 1,653,937 1,785,834 7.97 %
Food and Beverage 847,020 898,916 6.13 %
Other 210,745 238,089 12.98 %
Total 3,816,249 4,097,840 7.38 %
RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY
FebruaryFebruaryFebruary
2018 2019 %
Collections Collections Change
RETAIL-FOOD 166,535 177,779 6.75 %
RETAIL-LIQUOR 66,838 66,651 -0.28 %
RETAIL-APPAREL 185,066 191,072 3.25 %
RETAIL-SPORT 471,287 483,306 2.55 %
RETAIL-JEWELRY 22,248 26,202 17.77 %
RETAIL-GIFT 5,458 6,239 14.30 %
RETAIL-GALLERY 1,830 5,356 192.76 %
RETAIL-OTHER 185,128 216,978 17.20 %
RETAIL-HOME OCCUPATION 158 1,418 795.74 %
Total 1,104,548 1,175,001 6.38 %
5/1/2019 12:16:38 PM Page 2 of 2