01.16.13 UHCAMC Packet
UNIVERSITY HILL COMMERCIAL AREA MANAGEMENT COMMISSION
REGULAR MEETING - January 16, 2@42. 2013
COUNCIL CHAMBERS, 1777 BROADWAY - 9 -11 am
AGENDA
1. Roll Call
2. Approval of the December 3, 2012 Minutes
3. Police Update
4. Public Participation
5. CUSG Update
6. UHNA Update
7. Parking Services Update
8. Matters from the Commissioners
• Innovation District Update - Mural Status and "Collective"
9. Matters from Staff
• Hill Revitalization Update:
o Residential Service District
• Retreat - Thursday, February 7 - 8 am to 1 pm - The Academy
Attachments
• October 2012 Sales and Use Tax Revenue Reports
• UHCAMC 2013 Board Priorities to City Council
DUHMD/PS 2013 Priorities UHCAMC 2012 Priorities
University Hill Revitalization • Support the Residential Service District
• Support for creation of a Residential Service District Support Capital Improvement Funding for the
• Innovation District/Organizational Options Commercial Area
• 14°i Street Lot Redevelopment • Support the I lilt Ownership Group
Parking • Support Creative District
• Technology Enhancements
• Access/Parking Management Strategy
o In collaboration with the Transportation Master Plan
Update,
Downtown Capital and Planning Projects
• 15`" Street (Canyon to Arapaho) Streetscape Implementation
• 14'h and Walnut Pedestrian Improvements Implementation
• West Pearl Strectscape Design
• Pearl Street Mall Interactive Kiosks Implementation
• Civic Use Pad Recommendations
• Civic Park Master Plan participation
Boulder Junction
• Access Districts (Parking and'I'DM) Implementation
• Depot Square Construction Coordination
Administration
• Remodel reception area
• TRRI Planning
• CRM and new website implementation
Additional Items:
• Pearl Street Smoking Ban Implementation
• Revisit Mobile Food Vending Ordinance
• Complete CAG1D Garage CIl' Projects
• Organizational Assessment
o Transition with Cunningham retirement
Mission Statement: We serve the downtown; university Hill and affected communities by providing quality program, parking enforcement,
maintenance and alternative modes services through the highest level ofcustomer service, efficient management and ctlcctive problem solving
City of Boulder
Sales & Use Tax Revenue Report
October, 2012
Issued December 12, 2012
This report provides information and analysis related to October year-to-date (YTD) 2012 sales and use
tax collections.
Table 1 excludes Construction Use Tax revenue from the Boulder Junction area and reports adjusted
revenue that better reflects the underlying tax "base" that funds the on-going operations of the City.
Table 2 includes Construction Use Tax from the Boulder Junction area, which is considered one-time in
nature and is committed to fund specific infrastructure projects in the area.
Results are for actual sales activity through the month of October, the tax on which is received by the city
in the subsequent month. If you have questions about this report, please contact Budget Director Eric
Nickell at (303) 441-3007 or nickelle@bouldercolorado.gov.
REVENUE COMPARISONS TO COMPARABLE PERIOD IN PRIOR YEAR
Table 1 lists the categories of sales and use tax collected by the City of Boulder. It illustrates the percent
change in the various areas for October YTD 2012 over the same time period in 2011. As reflected in
Table 1, adjusted Sales and Use Tax has increased from the 2011 base by 1.51%. As reflected in Table 2,
actual Sales and Use Tax has increased by 2.70%.
TABLE 1
REVENUE ADJUSTED TO EXCLUDE BOULDER JUNCTION CONSTRUCTION USE TAX
% CHANGE IN
TAX CATEGORY REVENUE % OF
Increase/(Decrease) TOTAL
Sales Tax 2.81% 81.59%
Business/Consumer Use Tax 3.70% 9.85%
Construction Use Tax (19.77%) 5.79%
Motor Vehicle Use Tax 12.59% 2.77%
Refunds (100.00%) 0.00%
Total Sales & Use Tax 1.51% 100.00%
TABLE 2
ACTUAL REVENUE INCLUDING BOULDER JUNCTION CONSTRUCTION USE TAX
% CHANGE IN
TAX CATEGORY REVENUE % OF
Increase/ Decrease) TOTAL
Sales Tax 2.81% 80.64%
Business/Consumer Use Tax 3.70% 9.73%
Construction Use Tax (3.57%) 6.88%
Motor Vehicle Use Tax 12.59% 2.74%
Refunds (100.00%) 0.00%
Total Sales & Use Tax 2.70% 100.00%
ANALYSIS OF YEAR-TO-DATE RESULTS
• Retail Sales Tax - Actual retail receipts are up by 2.81
• Business/Consumer Use Tax - Revenue is up by 3.70%. Results include significant audit revenue
collected during the month of October. Excluding audit revenue, this category would be down
October YTD by 3.58%.
• Construction Use Tax - This category is down by 3.57%. Excluding Boulder Junction, Construction
Use Tax is down by 19.77%.
• Motor Vehicle Use Tax is up by 12.59%. Vehicles purchased by owners in the City of Boulder,
regardless of where the vehicle is purchased, generate use tax revenue for the City.
DETAILED ANALYSIS OF MAJOR CATEGORIES
The following monthly information is provided to enable identification of trends in the various categories.
Retail Sales Tax- October YTD results are up by 2.81%. Beginning in May, the comparison time
period collections are now "apples to apples" for Nordstrom Rack which experienced the first full month
of sales in May of 2011. The months of May and June 2012 results each include over $100,000 in
business-to-business revenue that is probably one-time in nature. Due to "system" issues, there are some
timing variances in both the July and August numbers. All data is now fully reconciled.
Jan Feb Mar Apr May Jun Jul Au Se Oct
(0.57%/%) (0.07%) 0.93% (0.55%) 4.91% 4.10% (0.51%/0) 8.13% 2.96% 7.33%
Food Stores - Retail sales tax revenue for food stores is up by 7.03 % YTD. Timing issues impacted
September and October results.
Jan Feb Mar Apr May Jun Jul Aug Sop Oct
12.40% (10.87%/o) 25.52% 11.14% 10.92% 4.55% 5.92% 6.93% 11.12% (2.70%)
Sales at Eating Places are both an important revenue source (Eating Places comprise approximately
14.00% of sales/use tax) and are usually a significant indicator of the health of the economy in the city.
This discretionary category is often correlated with unemployment (disposable income) and consumer
confidence. Total October YTD retail tax at Eating Places is up by 7.97%.
Jan Feb Mar Apr Ma Jun Jul Aug I Sep Oct
6.07% 7.21% 15.78% 6.42% 10.45% 7.44% (3.66%/%) 10.63% 7.91%/u 2.28%
Apparel Store retail sales are up by 9.29% YTD. One significant reason for this strong performance is
incremental sales from the new from the new Nordstrom Rack store located in the TwentyNinth Street
area. The first full month of revenue from this store was May of 2011. 'therefore, as we predicted, the
degree of these positive results experienced early in the year (when the comparisons were not "apples to
apples") will probably not be possible to achieve as the year progresses.
Jan Feb Mar Apr Mav Jun Jul Aug Se Oct
29.04% 45.61% 30.43% 19.19% 3.33% (10.750%) (0.62%) 11.24% 7.01%/, 0.37%
General Retail is up by 0.14% YTD.
Jan Feb Mar Apr May Jun Jul Aug Se Oct
(5.35%/0) 1.28% (0.60%) (5.31%/0) 6.46%/0 1.43% (4.99%) 12.24%/0 (7.17%) 5.68%
Utilities (primarily retail sales tax on natural gas and electricity) are down by 3.82% YTD. Tax on Public
Utilities comprises approximately 5.00% of total sales and use tax revenue.
According to the July 25, 2012 Denver Post, the drop in natural gas prices is the most significant factor in
the cost and related sales tax in this category. "Xcel Energy customers are expected to pay about 4.8
percent less for electricity in 2012 than they did in 2010. The two items that cut the cost to consumers
were a reduction in the cost of power purchased by Xcel from independent power plants down nearly
40 percent since 2010 and the cost of fuel, or natural gas, which dropped 12 percent."
Even when natural gas prices do eventually increase, this category may not increase substantially if
conservation strategies are successful and businesses significantly cut their energy use. According to a
2006 study by the City of Boulder, commercial and industrial sector energy use makes up 83% of
Boulder's energy use.
Jan Feb Mar Apr May Jun Jul Au Se Oct
2.13% (6.61%) (2.42% (8.28%) (9.83%) (10.34%) 5.60% (0.63%) (21.31%) 7.15%
MEDICAL MARIJUANA BUSINESS SALES TAX
In response to the interest expressed in this emerging industry, this section has been added to the monthly
revenue report. Monthly sales tax revenue, and the percentage change from the same time period in 2011,
is presented below. Total October YTD retail sales tax revenue collected in this category is $626,421.
This industry represents less than one half one percent of total sales and use tax collections.
Jan Feb Mar Apr May Jun Jul Aug S Oct
553,285 560,606 $63.971 $66,157 $70,782 $63,948 559,662 $62.037 $62,472 563,496
(4.82%) (11.33%) 10.04% 8.41% 21.52% 8.11% 9,81% (14.52%) (15.66%) (3.84%)
Significant YTD increases / decreases by tax category are summarized in Table 3.
TABLE 3
2012 RETAIL SALES TAX
Change in Comparable YTD Collections
STRENGTHS: WEAKNESSES:
■ Food Stores up by 7.03% Home Furnishings down by 0.69%
• Eating Places up by 7.97% ■ Consumer Electronics down by 10.84%
■ Apparel Stores up by 9.29% Computer Related Business down by 11.75%
• General Retail up by 0.14% • Univ. of Colorado down by 4.99%
• Automotive Trade up by 8.47% ■ UHGID (the "hill") down by 2.17%
■ Building Material Retail up by 5.34% Metro Denver down by 23.27%
■ Downtown up by 0.11% Out of State down by 7.10%
■ North 28'h St Commercial up by 2.17% Public Utilities down by 3.82%
■ Basemar up by 6.47%
■ BVRC (excl 29`1' St) up by 5.38%
■ TwentyNinth St up by 14.68%
■ Table Mesa up by 0.40%
■ The Meadows up by 1.00%
■ All Other Boulder up by 7.67%
■ Gunbarrel Industrial up by 29.56%
• Gunbarrel Commercial up by 6.52%
■ Pearl Street Mall up by 12.00%
■ Boulder Industrial u by 6.87%
2012 USE TAX
Change in YTD Com arable Collections
STRHNGTIIS: WEAKNESSES
■ Motor Vehicle Use Tax up by 12.59% Construction Use Tax down by 3.57% (when
■ Business Use Tax up by 3.70% (when adjusted to adjusted to exclude dedicated Boulder Junction
exclude audit revenue, down by 3.58%) tax, down 19.77%)
ACCOMMODATION TAX
October YTD Accommodation Tax revenue is up by 5.12% from the same period in 2011.
ADMISSIONS TAX
October YTD Admission Tax revenue is up by 2.56% from the same period in 2011.
REVIEW OF VARIOUS ECONOMIC PREDICTIONS FOR THE FUTURE
The economy appears to have stabilized somewhat and continues to expand at a very moderate pace.
Even though City of Boulder sales and use tax revenue were relatively strong for 2011, most predictions
forecast a weakening in the rate of increase in 2012 from those strong 2011 increases, particularly in retail
sales tax, and the future remains uncertain. The following information discusses some of the positive
events and the continuing negative pressures that will impact City of Boulder sales and use tax revenue.
Staff will continue to monitor actual results and economic events and modify revenue projections as
necessary.
On the State level, economic forecasts are improving. Forecasts call for stronger results in 2013 as
reported in a December 3`d article in the Boulder County Business Report:
DF,NVER - Colorado's economy is poised to have a strong year in 2013, and the state is expected to
gain 42,100 jobs, according to a forecast prepared by the state's top economists and business leaders.
The University of Colorado'a Leeds School of Business released its Colorado Business Economic
Outlook 2013 on Monday. The forecast predicts strong growth in almost all industries and sectors and
employment growth that beats the national average. "For the state, we see a very positive
environment for 2013," said Richard Wobbekind, executive director of CU's Business Research
Division, which wrote the forecast. "We're seeing a wide array of jobs being added, and they're
diversifying our state economy."
Next year's growth will build on momentum gained this year, when Colorado added 47,900 jobs.
Colorado is expected to be in the top 10 states for job growth in 2013 and perhaps in the top six or
seven, according to Wobbekind.
If the forecast is accurate, Colorado's unemployment rate will fall from 8 percent in 2012 to 7.4
percent in 2013, which is comparatively better than the national jobless rate. But growth might not be
evenly distributed throughout the year, Wobbekind said. The forecast predicts that growth in the first
and second quarters might be slowed by national and international issues, such as budget negotiations
in Washington and Europe's ongoing debt crisis.
"Resolution of the so-called fiscal cliff and the resolution of the European debt crisis will have
impacts on the national economy, and that will filter down to the state level," Wobbekind said.
"Once that uncertainty gets resolved, we then expect business investments to start flowing again and
consumers to start making decisions based on a known environment. We think the recovery will be
quite a bit smoother after that," he said.
Federal budget decisions could have a major impact on the Boulder area, especially on the University
of Colorado-Boulder, federal laboratories such as the National Center for Atmospheric Research and
National Renewable Energy Laboratory and small tech firms that rely on research-and-development
money from the federal government.
The November 270' publication by the Consumer Confidence Board also continued to report modestly
positive results:
The Conference Board Consumer Confidence Index o, which had increased in October, posted a
moderate increase in November. The Index now stands at 73.7 (1985°100), up from 73.1 in
October. The Present Situation Index was virtually unchanged at 56.6 versus 56.7 last month. The
Expectations Index rose to 85.1 from 84.0 last month.
Says Lynn Franco, Director of Economic Indicators at The Conference Board: "The Consumer
Confidence Index increased in November and is now at its highest level in more than four and a
half years (76.4 Feb. 2008). This month's moderate improvement was the result of an uptick in
expectations, while consumers' assessment of present-day conditions continues to hold steady.
Over the past few months, consumers have grown increasingly more upbeat about the current and
expected state of the job market, and this turnaround in sentiment is helping to boost confidence."
Consumers' appraisal of current conditions was relatively unchanged in November. Those saying
business conditions are "good" declined to 14.4 percent from 16.5 percent, while those saying
business conditions are "bad" deceased to 31.5 percent from 33.0 percent. Consumers'
assessment of the labor market improved. Those claiming jobs are "plentiful" increased to 11.2
percent from 10.4 percent, while those claiming jobs are "hard to get" held steady at 38.8 percent.
Consumers remained optimistic about the short-term outlook in November. Those expecting
business conditions to improve over the next six months edged up to 22.2 percent from 21.5
percent, while those expecting business conditions to worsen edged down to 14.3 percent from
15.0 percent. Consumers' outlook for the labor market was about the same as in October. Those
anticipating more jobs in the months ahead marginally improved to 20.3 percent from 19.7
percent, while those expecting fewer jobs remained virtually unchanged at 19.7 percent. The
proportion of consumers expecting an increase in their incomes decreased to 15.9 percent from
16.7 percent.
According to an October 2, 2012 Associated Press article in Daily Finance:
Americans are expected to spend more during what's traditionally the busiest shopping season of
the year, but they're not exactly ready to shop'til they drop like they have been in the past two
years.
The National Retail Federation, the nation's largest retail trade group, said Tuesday that it expects
sales during the winter holiday shopping period in November and December to rise 4.1 percent
this year. "That's more than a percentage point lower than the growth in each of the past two years,
and the smallest increase since 2009 when sales were up just 0.3 percent.
The projections are an important indicator for retailers that depend on the last two months of the
year for up to 40 percent of their annual sales. But the estimates also offer valuable insight for
economists who closely watch consumer spending, which accounts for up to 70 percent of
economic activity.
"1n all the years, this is the most challenging year doing a forecast," said Matthew Shay, president
and CEO of the National Retail Federation, based in Washington, D.C. "There are so many
uncertainties."
It's Americans' worries about the economic uncertainty that led the National Retail Federation to
predict slower growth during the winter holiday shopping season than the increase of 5.6 percent
and 5.5 percent in 2010 and 2011, respectively.
Still, the forecast is higher than the average growth of 3.5 percent for November and December
over the past 10 years. And it continues a growth trend that began after holiday sales fell 4.4
percent in 2008 during the middle of the recession. (The federation for the first time is counting
online sales and sales from the auto parts and accessories business. It has revised every year's
forecast from 2000 to reflect the change.)
The federation's forecast also is still more optimistic than the International Council of Shopping
Centers, a mall trade group that last week said it predicts a 2.9 percent increase. It's also higher
than the 3.3 percent growth estimated by ShopperTrak, a Chicago-based analyzer of retail foot
traffic, last month.
Still, some economists question whether the higher level of confidence among Americans is
sustainable. Confidence has been bouncing around since the recession and the current level is still
well below what's considered healthy. Moreover, the spike in confidence has yet to translate into
a surge in spending.
"You have to be confident to spend, but because you're confident doesn't necessarily mean you'll
spend," said Dennis Jacobe, chief economist at Gallup Poll.
According to the September 20, 2012 publication of Focus Colorado: Economic and Revenue Forecast
by the Colorado Legislative Council Staff (the next forecast from this source is due out December 20,
2012):
The recovery in Colorado's economy is losing momentum apace with the national economy.
Although Colorado is expected to outperform the nation, employment, income, and wage growth
will be restrained and the unemployment rate will rise through the remainder of 2012 and into the
first half of 2013. Business and consumer spending will continue to grow, but at slower rates, as
households and businesses grapple with uncertainty and a slowing national economy. The latest
State Legislative Council forecast for percentage change in various statewide economic indicators
follows:
2010 2011 2012 2013 2014
Unemployment Rate 8.9% 8.3% 8.3% 9.4% 9.1%
Personal Income 3.8% 5.8% 4.1% 3.3% 6.3%
Wage and Salary Income 1.5% 4.6% 4.4% 2.8% 4.6%
Retail Trade Sales 6.6% 6.8% 6.6% 3.7% 6.1%
Denver-Boulder Inflation 1.9% 3.7% 2.1% 2.8% 3.0%
Rate
The September 20, 2012 publication, The Colorado Outlook- September 20, 2012, by the Governor's
Office of State Planning and Budbcunb includes the following commentary and forecast:
Though the economy continues to grow as individuals and businesses strive to rebuild and
improve their livelihoods, activity remains only modest. The economy has yet to overcome the
legacies of the dramatic downturn and financial crisis that began in 2008. The restructuring
process from dislocations of the credit and housing boom and bust will continue to take time.
A full recovery continues to be hindered by several factors, such as household balance sheet
repair, labor market restructuring, and higher levels of uncertainty regarding future economic
activity. Many businesses and households are holding back on spending, investing, and hiring
decisions. The rate at which money is being exchanged in the economy called the "velocity"
of money ---which helps generate income, is at a 50-year low.
2010 2011 2012 2013 2014
Unemployment Rate 8.9% 8.3% 8.0% 7.8% 7.0%
Personal Income 3.7% 5.7% 4.3% 4.0% 5.1%
Wage and Salary Income 1.5% 4.7% 3.9% 3.5% 4.8%
Retail "Trade Sales 6.0% 7.2% 6.1% 3.9% 4.9%
Denver-Boulder Inflation 1.9% 3.7% 2.2% 3.1% 2.7%
Rate
It is important to note that "Retail Trade Sales" on the State level are not strictly consistent with the
taxable retail sales tax base of the City of Boulder. The State forecasts may include gasoline and some
retail services that are not included in the City of Boulder tax base.
OC I OTTER YTD Actnui
Total Net Sales/Use Tax Receipts by Tax Category 2011 _ 2012 n l,, °fEr, ul
Sales Tax 60,740,143 62,444,435 2.81% 50.64%
Business Use Tax 7,268,511 7,537,564 3.70% 9.73%
Construction Sales/Use Tax 5;524,089 5,326,856 -3.57% 6.88%
Motor Vehicle Use Tax 1,885,236 2,122.500 12.59% 2.74%
Refunds -22,491 0 -100.00% 0.00%
Total Sales and Use Tax 75,395,488 77,431,356 2.70% 100.00%
O( 1'OBER I TD Actual
Total Net Sales/Use Tax Receipts by Industry Type 2011 1012 %Change % of lb(al
Food Stores 9,850,854 10,436,207 5,94% 13.481%
Eating Places 9,951,973 10,793,265 8.45% 13.94%
Apparel Stores 2,728,146 2,976,565 9.11% 3.84%
Home Furnishings 2,153,007 2,136,431 -0.77% 2.76%
General Retail 16,075,231 16,435,587 2.24% 21.23%
Transportation/Utilities 6,108,755 5,785,440 -5.29% 7.47%
Automotive Trade 4,765,823 5,258,213 10.33% 6.79%
Building Material-Retail 2,516,290 2,697,931 7.22% 3.48%
Construction Finns Sales/Use Tax 5,013,545 4,943,268 -1.40% 6.38%
Consumer Electronics 1,933,389 1,716,397 -11.22% 2.22%
Computer Related Business Sector 4,479,295 4,756,751 6.19% 6.14%
All Other 9,841,671 9,495,302 -3.52% 12.26%
Refunds -22,491 0 -100.00% 0.00%
'total Sales and Use Tax 75,395,488 77,431,356 2.70% 100.00%
OCTOBER N71) Actual
Total Net Sales/Use Tax Receipts by Geographic Area 2011 2012 % Change % of Total
North Broadway 1,142,774 1,141,625 -0,10 1.47%
Downtown 5,264,943 5,283,135 0.35% 6.82%
Downtown Extension 389,461 565,024 45.08% 0.73%
UHG1D (the "hill") 948,231 908,567 -4.18% 1.17%
East Downtown 522,224 524,059 0.35% 0.68%
N. 28th St. Commercial 3,721,350 3,772,245 1.37% 4.87%
N. Broadway Annex 489,045 378,596 -22.58% 0.49%
University of Colorado 919,484 1,117,323 21.52% 1.44%
Basemar 1,602,493 1,688,249 5.35% 2.18%
BVRC-Boulder Valley Regional Center 14,136,665 15,859,622 12.19% 20.48%
29th Street 5,455,977 6,347,347 16.34% 8.20%
Table Mesa 1,908,084 1,914,409 0.33% 2.47%
The Meadows 692,631 697,743 0.74% 0.90%
All Other Boulder 3,591,531 4,149,565 15.54% 5.36%
Boulder County 1,002,362 867,166 -13.49% 1.12%
Metro Denver 3,470,029 2,348,227 -32.33% 3.03%
Colorado All Other 192,166 180,363 -6.14% 0.23%
Out of State 9,043,555 7,861,350 -13.07% 10.15%
Airport 13,952 44,304 217.55% 0.06%
Gunbarrel Industrial 4,481,697 4,908,537 9.52% 6.34%
Gunbarrel Commercial 864,071 913,816 5.76% 1.18%
Pearl Street Mall 2,056,326 2,301,956 11.95% 2.97%
Boulder Industrial 6,470,603 6,668,181 3.05% 8.61%
Unlicensed Receipts 1,102,374 1,111,076 0.79% 1.43%
County Clerk 1,885,236 2,122,500 12,59% 2.74%
Public Utilities 4,050,718 3,756,372 -7.27% 4.85%
Refunds -22,491 0 -100.00% 0.00%
Total Sales and Use Tax 75,395,488 77,431,356 2.70% 100.00%
OCTOBER Y"hD Actual
1 -4 Change in
Miscellaneous Tax Statistics 2011 2012 Taxable Sales
Total Food Service Tax 462,658 553,636 19.66%
Accommodations Tax 4,242,968 4,460,057 5.121%
Admissions Tax 476,575 488,761 2.56%
Trash Tax 1,296,031 1,301,919 0.45%
COMPARISON OF YEAR-TO-DATE ACTUAL REVENUE F0 R"Eg FS2012 TO COMPARABLE PERIOD IN 2011
USE TAX BY CATEGORY SALES TAX BY CATEGORY
OCTOBER Y'r1)ActtmI OCTOBER YT D Actaal
2011 2012 "i, Clzan~e Standard Industrial Code 2011 2012 .5 C`hal7gc
157,682 61,345 -61.10% Food Stores 9,693,172 10,374,862 7.03%
83,126 137,891 65.88%, Eating Places 9,868,847 10,655,374 7.97%
28,783 26,297 -8.64% Apparel Stores 2,699,364 2,950,268 9.29%
7,668 5,905 -23.00% Home Furnishings 2,145,339 2,130,527 -0.69%
1,367,520 1,707,868 24.89% General Retail 14,707,711 14,727,719 0.14%
316,287 125,661 -60.27% TransportationfUtilities 5,792,468 5,659,778 -2.29%
1,944,961 2,198,557 13.04% Automotive Trade 2,820,862 3,059,656 8,47%
7,325 54,926 649.84% Building Material-Retail 2,508,965 2,643,006 5.34%
4,646,264 4,656,506 0.22% Construction Use Tax 0 0 na
0 0 na Construction Sales Tax 367,281 286,762 -21.92%
47,093 34,517 -26.70% Consumer Electronics 1,886,296 1,681,880 -10.84%
2,520,699 3,028,268 20.14% Computer Related Business 1,958,596 1,728,483 -11.75%
3,550,427 2,949,181 -16.93% All Other 6,291,244 6,546,121 4.05%
14,677,836 14,986,920 2.11% Total Sales and Use Tax 60,740,143 62,444,435 2.81%
USE TAX BY CATEGORY SALES TAX BY CATEGORY
OC' OBEIR l" I'D A01tal OC"I'0131.'R Y"I'D Actual
2011 2012 Aso C:hrng~ Geographic Code ~a It '1)12 Chan-
1 e
78,318 37,047 -52.70% North Broadway 1,064,456 1,104,578 3.77`%
230,660 243,557 5.59% Downtown 5,034,283 5,039,578 0.11%
13,422 20,074 49.56% Downtown Extension 376,039 544,950 44.92%
50,202 30,043 -40.16% UllG1D (the "hill") 898,028 878,525 -2.17%
57,037 53,279 -6.59% East Downtown 465,186 470,780 1.20%
96,531 68,700 -28.83% N. 28th St. Commercial 3,624,819 3,703,545 2.17%
70,127 8,750 -87.52% N. Broadway Annex 418,918 369,845 -11.71%
11,926 255,093 2038.97% University of Colorado 907,558 862,230 -4.99%
89,394 77,222 -13.62% Basemar 1,513,099 1,611,026 6.47%
477,852 1,466,143 206.82% BVRC 13,658,813 14,393,479 5.38%
113,468 220,774 94.57% 29th Street 5,342,509 6,126,574 14.68%
34,403 33,199 -3.50% Table Mesa 1,873,681 1,881,210, 0.40%
15,969 14,290 -10.51% The Meadows 676,662 683,452 1.00%
1,415,731 1,806,910 27.63% All Other Boulder 2,175,800 2,342,655 7.67%
306,002 86,704 -71.67% Boulder County 696,360 780,462 12.08%
747,347 259,016 -65.34% Metro Denver 2,722,682 2,089,210 -23.27%
41,724 25,299 -39.37% Colorado All Other 150,442 155,064 3.07%
1,578,759 926,854 -41.29% Out of State 7,464,796 6,934,497 -7.10%
1,068 28,072 2528.46% Airport 12,884 16,232 25.99%,
3,747,833 3,957,724 5.60%, Gunbarrel Industrial 733,864 950,812 29.56%
12,197 6,434 -47.25% Gunbarrel Commercial 851,873 907,382 6.52%
34,291 37,339 8.89% Pearl Street Mall 2,022,035 2,264,618 12.00%
2,482,277 2,405,956 -3.07% Boulder Industrial 3,988,326 4,262,225 6.87%
875,715 733,382 -16.25% Unlicensed Receipts 226,659 377,694 66.63%
1,885,236 2,122,500 12.59% County Clerk 0 0 na
210,348 62.560 -70.26% Public Utilities 3,840,370 3,693,813 -3.82%
14,677,836 14,986,920 2.11% Total Sales and Use Tax 60,740,143 62,444,435 2.81%
Tax be \lo & CaneI!or,
TOTAL CITY SALES AND USE TAX COLLECTIONS
%Change In
REVENUE CATEGORY YEAR JAN FEB MAR APR MAY JUN JUL. AUG SEP OCT NOV OEC TOTAL TaxWe Sales
RETAIL SALES TAX 2W5 4.255.04; 4453.370 5232.309 4,353,026 4,576,664 5,535.146 4.994,079 5.013.379 5,550,916 4,541,790 4,769700 6932.929 59.708680 25450
2000 4,734,249 4,645,436 5,537,253 4,659,458 4,882,331 6,129,363 4,737,773 5,237,75/ 6,156,056 4,950,305 4,387,847 7,691,618 63,949,446 710%
Rate Chg 341%=3.56% 2007 5,118,353 5,014,615 6,918.421 4,965,981 5,500,701 6,712,841 5,565,371 6,393,028 6,954,377 5,747,963 5,695.703 8,411,484
72,998,838 9.34%
Rate Chg3.56%>3.41% 2008 5,197,400 5,105,109 6,005,946 5,331,447 5,468,450 6,572,335 5,508,796 6,258,640 6,620,535 5,382.779 5.255,155 7,443,455
70,170,045 0.35%
Rate3,41% 2009 4,919,570 4,659,632 5,850,038 5,077,648 5,131,444 6,428,343 5,206,770 5,790,533 6,093,314 5,170,325 4,735,769 7,814,230
66,877,613 -0,69%
2010 4576,034 5,386,190 6,196,697 5,320,225 5,470,595 6,895,263 5,522,076 5,943,315 6,855.385 5,652,938 5,240,211 8,414,157 71,473,106 687%
2011 5,394.367 5,132,437 6,692,597 5,630,200 5,708,608 7,016.826 5,560,953 6,531,707 7,286.644 5,765,805 5,630,545 8,390,145 74,960,833 4.86%
2072 5,363,541 5,129,096 6,754,740 5,599,150 5,988,770 7,304,270 5,551,489 7,D62.958 7,502,227 6.188,194 62,444,435 -1670%
Change from prior year (Month) -0.57% -0.07% 0,93% -0.55% 4.91% 4.10% -0.53% 8.13% 2.96% 7.33% -100.00% -100.00%
Change from prior year (YTD) -D.57% -032% 0.16 % -0 01 % 097% 1.59 % 1.30% 2.24% 2.33% 2.81% -6 20 % -16 70%
CONSUMER USE TAX 2005 827,7:87 507,036 951,085 1.016.614 1.103,592 1.1301,0.8 864,720 789.465 '.,094.030 758,937 568,467 1.248,300
11,130,180 8.95%
(includes Motor Vehicle) 2306 686,686 517, 1C1 1277,146 577,144 964.529 781,362 895403 776,258 1,054,696 727,776 1C92,224 1267,157
10,637,492 -4.43%
Rate Chg341%>3.56% 2907 763,65 574306 975,178 886,726 733.196 E58,072 975,456 652,501 923.657 732,463 716,317 1,575,909 10.369.140 -663%
RaleChg3.56%>3.4-/, 20C8 618,034 99'.,472 1.109,160 669,214 736901 1,"67,769 732.334 596.399 899.934 989,683 599,676 1,253,267
10,464,043 5.35%
Rate3.41% 2009 9D9,558 657,250 1,062.567 997,891 531,724 790,819 858,325 1,299,767 989,089 741,576 698,452 1,600,457 11,137,497 644%
2010 687,502 778,796 913,223 701,931 662,382 945,800 620,328 633.593 909,315 752,143 618,493 1,366,131 9,569,636 -1390%
2011 1,247,135 650,595 1,034,670 727,395 650,561 1,166,165 958,724 771,357 1,044,032 703,092 903,665 1,410,793 11,468.205 19.59%
2012 763.425 768,580 859,971 976,451 1,212,071 1,033,999 729,829 940,127 957,894 1,417,618 9,660.064 -15.77%
Change from prior year (Month) -39.79'- 1813% -16.8896 34.245% 42 50;'0 -11.34'b -2387% 21 &B -825% 101.65°,'a -100 DO% -100 00%
Change from prior year (YT[)) -38.79% -19.27% -18.439.0 7.%6,' 1.56% -1.09% -439% -165"; -247% 5.53% -395% -15.77%
CONSTRUCTION USE TAX 20(15 912,585 782,540 287,805 461,878 456,073 913,197 186,406 235,308 ?87,603 276.247 288,104 514,975 5,597654 8359%
2006 197,263 331,341 420,749 294,094 337,237 774,420 352,533 261,409 343.149 559,975 410,958 1,018,272 5,302.000 -528%
Rate Chg 3.41%>3.56% 2007 293,078 347,860 112,016 293,061 621,413 430,207 1,119,425 259,226 421,376 286,524 376,978 253,590 4,814,755
-13.02%
Ra1eChg3.56%>3.41 % 2006 330,080 347,219 748,549 454,797 327,855 241,649 100,759 442,652 347,954 217,885 107,831 381,753 4,048,982
-12.21%
RaW-41% 2009 944,905 111,907 425,028 776.511 279,761 995,132 721,209 676,301 235,485 223,169 591,970 1,467,798 7,449,176 83.98%
2010 591.599 242,591 245,829 362,619 226,230 1,921,675 1,075,078 467,423 245,361 234,021 406,868 531,670 6,550,964 -12.06%
2011 622.872 281,210 274,661 240,970 2,150,036 352,336 352,846 455,211 478,968 314,956 177,137 471,157 6,172,383 -5.76%
2012 385,392 1,697,323 315,856 503,719 342,446 375,499 595,334 214.896 422,866 473,523 5,326,856 -13.70%
Change from prior year (Month) -38 13% 503.58% 15.00% 10904% -8407% 657% 68,72% -52.79% -11 72% 50.34% -100.00% -100.00',6
Change from prior year (YTD) -38.13°% 130.37=/, 103.4996 104.43% -77C% -1.394; -5.14% -6.83% -3.57=6 -6.573.4. -13,70'9
TOTAL FOR MONTH 3 CHANGE FROM PREVIOUS YEAR (MONTH S YTD)
Rate 341% 2305 5,995,513 5.742 946 6,471,34" 5,83' 518 5 136,529 7,449,441 5 545,207 6,037.152 6.927 449 5,576,974 6,026,2'1 8. e.9, 2(4
76,436.545 6,91 %
2006 5,615,198 °493.9-18 7,235,148 5,530.096 6.184.3% 7,685,145 5925.709 6,275,424 7,554500 6,238,055 5,691,030 '2'97,045 79,888,928 4.52%
Ra'eChg3.41%>3.56% 2007 6,175,081 5936,481 8,005.615 6,147.768 6,855,311 8,001,120 7.660.252 7,304,754 8,299,420 6,766,951 6,786,999 ,0,240,982
68,182732 5.73%
Ratechg3.56%>341% 2008 6,345,513 6,443,800 7.863,654 6,455.459 6.553,206 7,881,753 6.341,889 7,297,691 7,868,423 6,590,347 5.962,862 9,078,475
84,683,070 0.26%
Rzte3412009 6,774,033 5,428.789 7.337,653 6,852,049 5.942.929 8.214,294 6.786.304 7,766,601 7,317,887 6,135,072 6,026,191 10,882,485 85,464.286 0.92%
2010 5,855,134 6,407,577 7.355,749 6,384,774 6,359,207 9,762,758 7,217,482 7.044,332 8,010,061 6,639,102 6,265,572 10,311,957 87,613,706 2,51%
2011 7,264,374 6.064.242 8,001,928 6,598,565 8,709,205 8,535,347 6,892,523 7,758,275 8,809,664 6,783,855 6,911,348 10,272,096 92,601,421 5.69%
2012 6,512,359 7,594,999 7.930,567 7,079,320 7,543,289 8.713,668 6,876,652 8.217,981 8,882,987 6,079,535 0 0 77,431,356 -16,38%
Less Refunds 2DD4 -1,343 -10,505 -636 -872 -5,963 -151 -1.299 -4,643 -244 -27,318 -5,758 -4,330 -63,061
2DD5 -246 -66,044 -909 -2,666 -1,647 -10,060 -3,062 -4,207 -846 -1,586 0 -4,757 -96,051
2GD5 -40,302 -5,272 -22,761 -363 -5,099 0 0 -7,568 -806 -5,947 -405 -16,773 -105,290
2007 0 -38.291 -2,013 -729 -9,326 -14,547 -14,440 -077 0 -5,963 0 -5,015 -91,001
7008 -978 0 -46,974 -1,409 0 -2,375 445 -9,493 -1,429 0 -48,521 -500 -112,123
Less Refunds 2009 -3,335 0 0 -1,111 -602 -692 -967 -3,520 -2,747 -179,087 -65,331 -26,376 -283,770
2010 -3,469 .68,130 -35,924 -1.444 43,920 -3,832 -1,648 -4,204 -7,969 0 -12,480 -214 -183,234
2011 -8,569 -2,479 -1,188 -2,918 0 0 -7,175 0 0 -162 0 -140,199 -162,690
Adjusted total 7005 5,995,266 5676,902 6,470,431 5,828,852 6,134,882 7,439.361 5,542,145 6,032,946 6,926,603 5,575,388 5,026,271 8,691,446
76,340,493 6.87%
2006 5,577,696 5,468,606 7,212,388 5,530,333 6,178,998 7,685,145 5,985,709 6.267,856 7,553,694 6,232,110 5,890.624 10,160,273 79,783,631 4.51%
Rate Chg3.41%>3.5696 2007 6,175,081 5,896,190 8,003,602 6,147,039 6,845,984 7,966,572 7,645,812 7,304,077 8,299,420 6,760,986 6,788999 10,235,967
68,091,731 5.76%
2006 6,344,536 6,443,800 7.816,680 6,454,050 6,553,206 7,879.3378 6,341,444 7,288,196 7,866,995 6,590,347 5,914,341 9,077,975 84,570,947 0.23%
Rate3419', 2009 5770,598 5.426,789 7,337,653 6,650,938 5,942,327 6,213,602 6.785,337 7,763,080 7,315,140 5,955,985 5,960.660 10,856,109
85.180,517 072%
2010 5,851,665 6,339,447 7,319,826 6,383,330 6,315,286 9,758.926 7,215,834 7,040,127 8,002,092 6,639,102 6,253,092 10,311,744 67,430,472 2,64%
2011 7,255,806 6,061763 6,000739 6,595.647 8,709,205 6,535,347 6,885,346 7758,275 8,809.664 6.783.693 6,911,34a 10.131.897 92,438,731
5.73%
2012 6,512,359 7,594,999 7.930,567 7,079,320 7.543,289 6,713.668 6,876.652 6.217,961 8,882.987 8.079,535 0 0 77,431,356 -16.23%
4SChange(mcncnl -10.25% 25.291/6 -0.88% 7.33% -13.39% 2.09% -0.13% 5,93% 0.83% 19.10% -100.00% -100,D0%
Change (YTOi -10.25% 5 9304 3 38=0 4,31% 010% 0 418% 0.40% 1.11% 1 06% 2.70% -5 9294 -16.23%
U11CAMC City Council Priorities
2013
What are your top priorities within the framework of the council
work plan?
The top priority is starting noticeable work on the Hill for revitalization implementing the two
big ideas previously identified. Above all, it's time finally to do something, not just talk about it!
Decide. Commit. Move forward boldly and get behind an identity
Residential Service District.
Support the work of the stakeholder committee to create a general improvement district in the
high density residential area to change the culture of the hill by addressing one of the most
common problems on the hill: litter.
Innovation District
Idea of a creative/sustainable/innovation district builds on the hill's strengths- proximity and
bridge to the university, young people with new ideas, an interesting area historically and
architecturally. Create a clear brand identity for the Hill Commercial area that includes a focus
on sustainability, creativity, innovation. It should clearly link the best of Boulder, the
historic/cultural location of the Hill and bridge to the University by bringing CU's best to the
community. It is close to the University and therefore should incorporate the best of what CU is
focusing on (highlighting its greatest achievements) and bring those to the Boulder community in
partnership. Small changes can have a big impact. We should test all creative, innovative ideas
here. Several projects to realize the Innovation District include:
• Painting graphics or color on benches, trashcans, and murals on spare walls can be fun,
especially involving the University student art program.
• City participation and leadership will be essential to the Hill "collective", to meet the
participation level shown already by the university. This project speaks directly to
council's goals looking for collaborative opportunities with CU, and a potential physical
presence for the school on University Hill.
• State of the art media systems, whether it is a big screen or interactive information kiosk,
• Artistic and creative gateways between the residential and commercial neighborhoods of
the Hill.
• Event "street" on Penn for outdoor events and other public space perniitting processes to
help streamline activities in accordance with the creative district.
• A willingness to discuss micro-zoning options for the University Hill creative district,
including signage variance for media, kiosks, and murals.
• Sidewalks that have stars featuring Boulder's Nobel laureates or historic characters?
What would you like to see done that would advance the Council
Goals?
Encourage sustainable pilots to meet our energy future.
The Hill provides a unique opportunity because it is a small commercial area and we can
experiment with pilot projects that might be useful to implement on a larger scale throughout the
city. Some examples could include: street lighting that offers energy saving; creative power
options for "event use" and other things like Xmas lights; bike parking stations that
encourage/cater to a community that cycles (this also helps us achieve our Diamond status);
supporting events like the Hill Flea that teach these values and bring them into the community.
Think creatively but carefully about affordable housing on the hill.
Provide funding through the CIP for capital projects on the hill.
Develop sustainable partnerships with the University.
Changes to the regulations in the hill commercial area to promote creativity.
How can your board help reach the council goals?
• Our board can help reach that goal by staying focused and concrete at our meetings. The
key is to not get hung up on the planning stage, and certainly no more studies.
• Connect interested community members to opportunities
Are there any other items that council should address in the coming
year?
• Keep the hill clean and safe.
• Considering how the Hill relates to the Civic area is important. Because of its geography
it sits between Chautauqua, the University, the Historic Hill, the University and the
downtown Civic area.
University Hill Commercial Area Management Commission:
Bonnie Dahl, property owner
Hillary Griffith, citizen at large
Ron Mitchell, Vice Chair, property owner
Jyotsna Raj, citizen at large
Bill Shrum, Chair, property owner represcnative