SALES TAX BY CATEGORY

JUNE 2019 MTD SALES TAX BY CATEGORY

EXHIBIT IIA: JUNE SALES TAX BY CATEGORY
Category
Auto
Bldg Retail
Consumer Ret
Online Retail
Outlets
Food/Liq
Lodge
Serv
TOTAL

2018
$70,097
$307,781
$233,423
$4,481
$219,645
$161,344
$54,705
$48,491
$1,099,967

2019
$64,418
$373,121
$224,453
$39,986
$206,337
$171,623
$51,435
$59,836
$1,191,209

$Inc/(Dec) % Inc/(Dec)
($5,678)
-8.10%
$65,339
21.23%
($8,970)
-3.84%
$35,505
792.32%
($13,308)
-6.06%
$10,278
6.37%
($3,269)
-5.98%
$11,345
23.40%
$91,242
8.29%

The Outlets category decreased $13,308 or down 6.06%
when compared with June 2018; YTD is down $79,761 or minus
7.26%.
The results by Phase are as follows:
Phase I (Red) is down $182 or 0.25%.
YTD is up $42,038 or 11.69%
Phase II (Blue) is down $11,395 or minus 9.45%.
YTD is down $102,345 or minus 17.43%
Phase III (Green) is down $1,731 or minus 6.46%.
YTD is down $19,454 or minus 12.75%

Lodge
4.3%

Serv
5.0%

Auto
5.4%

Food/Liq
14.4%

Bldg Retail
31.3%

Outlets
17.3%

Consumer Ret
18.8%

Online Retail
3.4%

The “Sales Tax by Category” Exhibits IIA & IIB compare
the June sales taxes collected by Outlets, Building
Retail, Consumer Retail, Online Retail, Food/Liquor,
Lodging, Automotive, and Services with the following
results:
The Building Retail category was June's
highest sales tax category at 31.3% and YTD at
26.7%.
The Consumer Retail category had June's 2nd
largest sales tax collections at 18.8% and YTD at
19.0%.
JUNE 2019 YTD SALES TAX BY CATEGORY

EXHIBIT IIB: JUNE YTD SALES TAX
Category
2018
2019
Auto
$390,052
$367,929
Bldg Retail
$1,259,063 $1,559,115
Consumer Ret
$1,143,386 $1,111,372
Online Retail
$49,585
$138,012
Outlets
$1,099,310 $1,019,549
Food/Liq
$842,650
$941,807
Lodge
$355,546
$402,561
Serv
$402,030
$302,312
TOTAL
$5,541,623 $5,842,657

$Inc/(Dec) % Inc/(Dec)
($22,123)
-5.67%
$300,051
23.83%
($32,014)
-2.80%
$88,428
178.34%
($79,761)
-7.26%
$99,156
11.77%
$47,015
13.22%
($99,718)
-24.80%
$301,034
5.43%

Lodge
6.9%

Serv
5.2%

Auto
6.3%

Bldg Retail
26.7%

Food/Liq
16.1%

Outlets
17.5%

Consumer Ret
19.0%
Online Retail
2.4%

The tables to the left of the “Sales Tax by Category” exhibits show the industry comparisons by month and YTD.
The Building Retail, had the highest June dollar increase, $65,339 or 21.23%;
YTD up $300,0351 or 23.83%.
The Online Retail category had the 2nd highest June dollar increase, $35,505 or 792.32%;
YTD up $88,428 or 178.34%.
The Outlets category was down $13,308 or minus 6.06%;
YTD down $79,7961 or 7.26%.
Outlets at Silverthorne (OS):
New Store: Timberline Craft Kitchen and Cocktails – slated to open in November 2019.

Promotions:
The Outlets are presenting a $20 Performance Tours Rafting voucher with a purchase of $100 at any Outlet store now through August 15th.
Additionally, the Outlets are presenting a Tommy Hilfiger Duffel Bag valued at $40 as a Back to School promotion with the purchase of $100 now
through August 31st.
Events:
On 8/10 the Outlets hosted their first Unicorn Palooza. This FREE event was held in the Blue Village in front of Nike/Polo Ralph Lauren. There were
unicorn rides, a piggy petting zoo, airbrush face painting, unicorn bounce house, popcorn, cotton candy, and princess meet and greets with Anna, Elsa,
Cinderella, and Jasmine! The Outlets saw over 1,000 guests for the event.
Sales:
The Outlets are having a 20% Back to School Sale which is running through 8/31. The Labor Day Sale is slated to run from 8/31-9/2.

 SILVERTHORNE SALES TAX BY MONTH
FOR June 2019 SALES

CHART A:

2015

14-15

MONTH

2016

% CHANGE

JAN
FEB
MARCH
APRIL
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC

765,758
713,637
960,756
654,752
630,889
934,593
957,634
932,217
935,275
725,760
760,614
1,201,862

YTD TTL:
%CHANGE FROM
YEAR TO YEAR:

10.71%
4.56%
9.30%
7.94%
1.79%
7.53%
7.50%
4.38%
11.78%
6.63%
6.57%
12.83%

10,173,746

15-16

2017

16-17

% CHANGE

766,848
763,151
984,257
646,245
666,067
1,009,478
977,228
951,341
1,014,189
896,612
865,772
1,182,890

0.14%
6.94%
2.45%
-1.30%
5.58%
8.01%
2.05%
2.05%
8.44%
23.54%
13.83%
-1.58%

10,724,078

2018

% CHANGE

818,538
819,529
1,042,916
687,808
726,443
1,072,383
1,068,708
984,853
1,037,088
797,367
919,649
1,209,640

6.74%
7.39%
5.96%
6.43%
9.06%
6.23%
9.36%
3.52%
2.26%
-11.07%
6.22%
2.26%

11,184,921

7.90%

5.41%

17-18

2019

% CHANGE

885,926
925,320
1,063,206
763,973
803,231
1,099,967
1,075,530
1,038,181
1,024,673
848,734
891,605
1,228,422

8.23%
12.91%
1.95%
11.07%
10.57%
2.57%
0.64%
5.41%
-1.20%
6.44%
-3.05%
1.55%

11,648,768

921,759
872,856
1,067,352
769,877
1,019,603
1,191,209

4.15%

5.43%

EXHIBIT IA: SALES TAXES COLLECTED JUNE

$1,200,000

$934,593

$1,009,478

$1,099,967

$1,191,209

$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
%CHANGE FROM
PRIOR YEAR

2015

2015
7.53%

2016

2016
8.01%

2017

2018

2017
6.23%

2019
2018
2.57%

2019
8.29%

EXHIBIT IB: YTD SALES TAX COLLECTIONS AS OF JUNE 2015-2019

$5,167,616

$6,000,000
$5,000,000

$4,660,384

$5,541,624

$5,842,657

$4,836,046

$4,000,000
$3,000,000

$2,000,000
$1,000,000
$0
%CHANGE FROM
PRIOR YEAR

2015
7.17%

2015
2016
3.77%

2016

2017
2017
6.86%

4.04%
-5.67%
0.39%
0.77%
26.94%
8.29%

5,842,657

4.30%

$1,072,383

18-19
% CHANGE

2018
2018
7.24%

Exhibit IA & Exhibit IB show the Town of Silverthorne’s collections by month
and year-to-date (YTD) for the years 2014-2018, with the following results:
Jun sales tax collections increased by $91,242 or 8.29% over 2018.
2019 YTD collections increased $301,033 or 5.43% over 2018 collections.

2019
2019
5.43%

 2nd Quarter YTD TOTAL SALES TAXES AND
SALES TAXES BY CATEGORY
2ND Q YTD 2014-2019 TOTAL SALES TAXES
2014
$4,348,737

2015
$4,660,384

2016
$4,836,046

2017
$5,167,616

2018
$5,541,623

2019
$5,842,657

2ND Q YTD 2014-2019 TTL SALES TAXES
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0

2ND Q YTD SALES TAX BY CATEGORY 2016-2019
Category
Auto
Building
Consumer
Online Retail
Outlets
Food/Liq
Lodge
Serv
TOTAL

2016
$422,192
$961,695
$1,170,691
$0
$1,051,859
$724,761
$278,091
$226,758
$4,836,046

2017
$389,398
$1,141,891
$1,236,127
$0
$1,041,579
$782,841
$319,503
$256,277
$5,167,616

2018
$390,052
$1,259,063
$1,143,386
$49,585
$1,099,310
$842,650
$355,546
$402,030
$5,541,623

2019
$367,929
$1,559,115
$1,111,372
$138,012
$1,019,549
$941,807
$402,561
$302,312
$5,842,657

2ND Q YTD SALES TAX BY CATEGORY 2016-2019
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0

2016
2017
2018
2019