Vail sales tax collections jump in April | VailDaily.com

Vail sales tax collections jump in April

Daily Staff Report
Newsroom@vaildaily.com
Vail, CO, Colorado

April’s sales tax collections in Vail saw some benefit from a later Easter this year.

According to a memo from the town’s finance department, April’s sales tax collections are expected to jump about 12 percent from last year. It’s the first percentage jump in sales tax collections in several months.

The increase is generally attributed to the fact Easter fell in April this year. April’s sales taxes last year were down significantly from 2007 levels in large part because Easter came in March.

For the year so far, Vail’s sales tax collections are down more than $1.5 million from 2008. That decline is worse than town officials expected. Actual sales tax collections are more than $900,000 less than town officials budgeted late last year.

For the November through April ski season, revenues are down 12.4 percent, or $1.7 million from the 2007 “2008 ski season.




News


See more