Vail sales tax collections jump in April
Vail, CO, Colorado
A later Easter holiday this year gave a boost to April’s sales tax collections in Vail, Colorado.
Sales taxes in April jumped an average of 9.6 percent over April of 2008. April of 2008 was down compared to the same month in 2007.
Easter was in March of last year. Even with good snow, April’s reservations and tax collections dropped. With Easter coming in April this year, March tax collections were down.
The biggest April increase came in the retail sector, which jumped 36 percent from 2008. The lodging and food and beverage sectors were both up about 13 percent. But the “utilities and other” category dropped 28 percent from last year.
The town breaks down sales tax collections by both category and different parts of town. The biggest jump came in retail sales in Lionshead, which were up 71.6 percent from April of 2008.
The town now has sales tax information from the entire ski season. Overall, sales tax collections were down 12.6 percent from the 2007-08 ski season. Among in-town businesses – some companies located outside of town owe sales taxes for business conducted in Vail – outside the town’s two villages took the biggest hit. Those lodges, generally in East Vail, West Vail, Sandstone and Cascade Village, were down more than 27 percent.
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