HomeMy WebLinkAboutSales & Use Tax Revenue Report June, 2004City of Boulder
Sales & Use Tax Revenue Report
June,2004
Issued Aueust 13, 2004
Th~s report provides mformarion and analys~s related to sales and use tac wllect~ons for fiscal year 2004 Any
queshons should be duected to Steve Felten, Actmg Fmance Du~ector, at (303) 441-1819
Total sales and use tax collechons for the yearvto-date through June 2004 showed a 2 0% mcrease over the
comparable penod m 2003 All tae categones other than busmess use tax showed year-to-date mcreases compared to
2003 (ad~usted for the change m tax rate), as can be seen from the tables mcluded m this report However, total sales
and use tax collechons for the month of June 2004 declmed 10 I% compazed to June 2003 Most of this declme is
the result of h~gher than normal construction and busmess use tax actrvtry m June 2003 But we were d~sappomted to
see retail sales ta~ collect~ons declme 2 4% m the month of June 2004 compared to June 2003
Recent economic mdicators are less than cleaz m providmg d~rect~on as to what cari be expected to happen m the
local economy over the commg months Rewgmzmg that C~ of Boulder leadmg md~cators do not necessanly
correlate wrth those m Boulder Coun some factors such as consumer confidence and mcreases m d~sposable
mcome m the azea do ~mpact purchasmg actrv~ry w~thm the C~ Therefore, the followmg econom~c predtchon by
Dr Richazd Wobbekmd m the July 9, 2004, Boulder Counry Busmess Repart may be at least parttally predichve of
trends m C~revenue
"The Boulder County Leadmg Econom~c Indicator has mcreased for the fourth consecutrve quarter
(through the first quarter of 2004) suggestmg there w~ll be employment growth durmg the third quarter m
Boulder and Broomfield court~es Boulder County emnloyment for 2004 has started on a posiGve note,
and ~s e~cpected to contmue m that d~rect~on "
Data published by the Colorado Department of Labor and Employment mdicate a Boulder County unemployment
rate of 4 8% for June 2004 compared to 6 4% m June 2003, below the Colorado rate of 5 2% In add~t~on, the
"Monthly Econom~c Summary" of Meuo Denver (which mcludes Boulder County) dated August 3, 2004 noted
several pos~hve economic factors which pmnt to conhnued ~mprovement m the local economy And on the nat~onal
econom~c front, although the Federal Reserve Bank mcreased the~r target federal funds rate 0 25% on August 1 Q
2004, the Fed announced at the same hme that th~s mcrease was made " to head offpotential mflat~on, saymg the
economy was po~sed to pick up after a recent slowdown "
On the other hand, only 32,000 ~obs were added to the national economy m July 2004 while analysts expected the
ewnomy to add m excess of 200,000 ~obs ducmg the month In addihon, the Commerce Departrnent reported that
consumer spendmg dropped 0 7% m June 2004 compazed to May 2004, the shazpest drop smce September 2001 A
sigmficant segment of the local Boulder economy ts Imked closely to the nahonal economy, espec~ally the
technology sector So while there aze posrtrve signs of a tumazound m the local economy, there are also md~cators
that would lead one to be caut~ous m predictmg that tumazound - or at least the strength of that tumazound - with
certamty
Agam, rt must be noted that general econom~c ~mprovement will not overcome the bas~c negatrve change m
compehhve pos~Uon m both retad and ~obs But, at some pmnt we expect a new lower base to at least stabd~ze and
expenence modest growth from that pmnt forwazd We thought we had reached that pomt of stabil~zation at the
begmnmg of 2004, but thts may not be the case However, m I~ght of the decime m June 2004 collechons, staff ~s no
longer certaui that full year sales and use tax collectwns wdl be m lme wRh budgeted revenues Staff ~s m the
process of updahng revenue pro~ecttons For 2004 to determme what ad~ustments should be made to these pro~ections
and related expend~tures
REVENUE COMPARISONS
As illustra[ed m the followmg chart, June 2004 actual vear-to-date sales and use tax revenue has mcreased by 2 0%
over the comparable period m 2003 (Note All "% Change" amounts m the tables and text have been ad~usted to
reflect the change m tax rate from 3 26% m 2003 to 3 4l% m 2004 so that compazisons reflect the underlymg sales
base and aze consistent Also, all $ amounts m th~s report are now presented m thousarids of dollars and a"$
Change" column has been added to certam of the tables All do(lar amounts are presented m nommal amounts -~ e,
2003 tax and "$ Change" amounts have not been ad~usted for the change m the tax rate )
JUNE YEAR-TO-DATE COMPARISONS - 2004 VERSUS 2003
TAX CATEGORY % CHANGE % of TOTAL
Retad Sales Tax 1 5% 80 7%
Busmess Use Tax -4 9% I 1 0%
Construchon Use Tax 3 6% 5 3%
Motor Veh~cle Use Tas 7 2% 3 1%
Refunds -940% -01%
Total YTD Sales/Use Tax 2.0% 100.0%
There were several nonrecurrmg rtems and hmmg d~fferences dwmg the fvst six months of 2004 that overstate the
mcreases reflected m the table above and some of the other tables m this report. Adjusbng for these items, Total
Sales & Use Tax mcreased approximately 1.3% (as compared to the 2.0% indicated above) and Retail Sales
Tax increased approximately 0.2%. Busmess and Construchon Use Tac can fluctuate s~gmficantly from month to
month dependmg on the level of equ~pment purchases/leases and construchon pro~ects m any gtven month, as
ev~denced m the table below
Of greater s~gmficance for ~denUfymg trends ~s the percent change month by month for the year
REVENUE CATEGORY JAN FEB MAR APR MAY NNE
Reta~l Sales Tax 8 5% 2 9% 0 7% 1 4°/a 0 0% -2 4%
Busmess & Motor Vehicle Use Tax 17 4% 22 7% 2 8% -19 1% -11 8% -13 9%
Construction Use Tax 93 0% 164 1% 166 2% 96 8% -47 4% -74 1%
Total 12 6% 9 5% 5 0% 5 0% -4 7% -10 1%
As ment~oned above, the ma~onry of June 2004's decrease was due to higher than normal levels of construcuon and
busmess use tax achv~ry m June 2003 For example, June 2003 reflecu construct~on use tax received upon ~ssuance
of the St Juhen Hotel pertnrt
Retail Sales Tax Yearto-date the retail sales ta~c category has mcreased I 5%, which makes up approxunately 81%
of sales and use tax revenue Most mdustry types and geographic areas m the City aze posihve compazed to 2003
The pnmary reason for the lack of growth m retail sales taac is due to a declme m busmess-to-busmess sales m the
Computer Related Business mdushy sector This sector ~s heav~ly mfluenced by the nat~onal mazket for technology
purchases by businesses In addition, the decline m the "All Other" mdustry category was due to vaz~ous
nonrecurrmg actroity m 2003
On a more pos~hve note, core consumer reta~l (appazel stores, home fum~shmgs and general reta~l) reflects posrtrve
growth for the fvst six months of 2004 compued to the same penod m 2003 The fo0owmg chart details the "core
consumer retaiP' components
CITYW IDE CORE RETAIL SALES TAX - NNE YTD 2004 VERSUS 2003 (m 1,o0o's)
Cate o 20~3 20~4 Variance
A azel Stores $923 $1,013 4 9%
Home Fumishm s 1,086 1,166 2 6%
General Retail 5,707 6,053 1 4%
Total $7,716 $8,232 2 0%
TREND ANALYSIS
The graphs on the followmg pa~es illustrate percentage change trends by tax category over the ttuee-year penod,
2002-2004, the sales & use taac by category collected since 1999, the percentage change m geographic areas, and the
proporhon of the total generated by each category of tax All of the, mformahon ~s through June
,
Sales & Use Tax Trends
^ Retad Sales ~
160%
~. ~ ~ ~ ~ ` 4 ~€ ~, ~
a t, a. ' F i~f~~rA ko~'~ Y
~ ~
~ Tax
1400~0 '~~K~~
~ ~ `~~~~
~ ~ "'
~~~ ~
~
~ r
' ^Business Use
~
120% .
~ Tax
~
'
~ `
'
' ^ Construction
;
!k~Vi
"~ d
v q
.
0 100% ~
~ Use Tax
Motor Vehicle
a$~o~o p
Use Tax
E 60% ~ Total
0
~
~ 40%
c 20%
m
v 0%
e° -20% 00
-40%
-60%
Yea r
Sales & Use Tax Collected by Category
1999-2004
35, 000, 000
30, 000, 000
25, 000, 000
20,000,000
15, 000, 000
10, 000, 000
5, 000, 000
^ Retad Sales Tax '
^ Business Use Tax ~
^ Construction Use Tax I
^ Motor Vehicle Use Tax ~
1999 2000 2001 2002 2003 2004
Sales & Use Tax ~ Area
15%
L
~ 10%
L
~ 5%
~L
~ 0%
w -5%
d
~ -10°!0
~a
v -15%
~
0
-20%
^ BVRC
^ Pearl Street Mall !
^ Uniuersity Hill
^ All Other
^ Total
Sales & Use Tax by ategory II
Motor ~
Construction -ehicle Use
Use Tax ~
5% Tax
3% '~
Business ~
Use Tax Retail Sales
~,
11% Tax
~I
81%
~ ~
S~gm6cant mcreases / decreases by tax category aze summarized below
YTD RETAIL SALES TAX
STRENGTHS WEAKNESSES
• Food Stores up 12 4% (largely due to t~mu~g Computer Related Busmess down 31 5%
differences) • All Other Industnes down 10 4%
• Eahng Places up 4 3% • North Broadway down 15 6% (due to ]azge one-
Core Reta~l Categones (Appazel Stores, Home hme activ~ty m 2003)
Fumishmgs & General Retail) up 2 0% • Out of State down 16 1%
• Transportat~on/CJhlihes up 3 7%
• Bmldmg Matenal - Retazl up 11 7%
• North 28'" St Commercial up 4 0°/a (lazgely due to
t~mmg d~fferences)
• BVRC up 7 6%
• Peazl Sheet Mall up 3 3%
• Pubhc Ut~Lhes up 4 2%
YTD USE TAX
STRENGTHS WEAKNESSES
General Retad up 159 3% (pnmanly due to a large • All Other Industnes down 32 1% (pnmanly due to
audrt assessment) large audrt assessments m 2003)
• Automotrve Trade up 7 2% • Downtown (former CAGID) down 76 8%
• Construchon Use Ta~c up 3 6% (pnmazily due to construction actrviry m 2003)
• Computer Related Busmess up 20 5% • Boulder Indushzal down 33 3% (pnmanly due to a
• N Broadway Annex up 5,226 4% (due pnmanly to lazge audrt assessment m 2003)
construchon activRy)
• All Other Boulder up 64 2% (pnmanly due to
construchon achv~ty and a lazge audu assessment)
Gunbarrel Indusmal up 18 9%
~ County Clerk up 7 2% (represents taxes assoctated
wrth urchases of motor veh~cles
OTHER TAXES
• Accommodat~ons Tax is up by 3 9°/a
• Admissions Taac is up by 16 8%
CHANGE IN GEOGRAPHIC AREAS
In reviewmg the tables mcluded m this report you will note that sales and use ta~c data for Crossroads Mall ~s no
longer provided Amounu prev~ously reflected m the Crossroads Mall category are now reflected m`Boulder
Valley Regional Center" Due to confident~ality requuements m the Boulder Revised Code we are not allowed to
disclose mformat~on on mdrv~dual tax filers. Due to the fact that Crossroads Mall ~s approachmg the pomt of bemg
one busmess, we have temporarily decided we must cease reportmg this category sepazately Once redevelopment of
Twenty Nmth Street ~s under way and new busmesses are open we will agam prov~de sepazate data
2004-06 Revenue Report - Mema
(All amounts ~n thousands)
Net Sales/Use Tax Receiots bv Tax Cateqorv
Sales Tax
Business Use Tax
Construction Use Tax
Motor vehicle
Refunds
Total Sales & Use Tax
Net Sales/Use Tax Rece~ots bv Industrv Tvpe
Food Stores
Eatin~ Places
Apparel Stores
Home Fumishings
General Retad
Tra nsPo rtation/Utiiities
Automotrve Trade
Bwldin~ Matenal-Retail
Construchon Use Tax
ConsVuction Sales Tax ~
Consumer Electronics
Computer Related Business Sector
All Other
Refunds
Total Sales 8 Use Tax
Net SaleslUse Tax Receipts bv Geoaraohic Area
North Broadway
Downtown (former CAGID?
Downtown Extension
UHGID (the "hill")
East Downtown
N 28th St Commercial
N Broadway Annex
University of Colorado
Basemar
Boulder Valley Reyional Center
Table Mesa
The Meadows
All Other Boulder
Boulder County
Metro Denver
Colorado AII Other
Out of State
Auport
Gunbarrel Industnal
Gunbarrel Commercial
Pearl Street Mall
Boulder Industrial
Unlicensed Receipts
County Clerk
Public Utdd~es
Refunds
Total Sales 8 Use Tax
Miscellaneous Tax Statistics
Food Service Tax
Accommodations Tax
Admissions Tax
License Fees
JU NE YTD Actual
20U3 20tr~§;u- SChange %Change %oFTOtaf
26,393 28,033 1,640 15% 807°/a
3,808 3,789 (19) -0 9% 11 0%
1,694 1,836 142 36% 53%
972 1,090 118 72% 31%
303 19 284 -94 0% -0 1%
32,564 34,729 2,165 2 0% 100 0%
° JU NE 1f7DActual
2003 ~rCPan9a %Change %ofTaak
4,395 5,129 734 11 6% 14 S%
3,797 4,132 335 40°/a 119%
951 1,015 64 Q Oo~a 2 g%
1.091 1,168 77 23% 34%
5,896 6,570 674 6 5% 18 9%
3,109 3,431 322 5 5% 9 9%
2,637 2,842 205 3 0% 6 2%
787 919 132 11 6°/a 2 6%
1,600 1,828 228 92% 53%
122 138 16 8 1% 0 4%
594 636 42 2 4% 1 8%
2,206 2,151 ~55) -6 8% 6 2%
5,682 4,789 _(893) -19 4% 13 8%
303 19 284 -94 0% -0 1°/a
32,564 34,729 2,165 2 0°/a 100 0%
JU NE YTD Actual
ZOUS 6~~' SChange 94Change %ot~Totak
517 507 (10~ -6 2% 1 5%
2.681 2~281 (400~ -18 7% 6 6°/a
230 206 ~24) -14 4% 0 6%
427 498 71 115% 14%
303 401 98 26 5% 1 2%
2,147 2,369 222 5 5% 6 S°/a
79 471 392 470 0% 1 4%
387 37t S16) -84% 11°/a
573 606 33 11% 17%
7,608 8,536 928 7 3% 24 6%
853 890 37 -0 3% 2 6%
478 566 88 13 2°/a 1 6°/a
1,611 2.139 528 26 9% 6 2%
446 443 (3) -5 0% 1 3%
1,166 1,259
~ 93 32% 36%
60 51 (9) -18 7% 0 1%
3,485 3,079 (406) -15 5% 8 9%
7 4 {3) -05 4% 0 0%
1,453 1,854 401 220% 53°/a
410 426 16 -0 7% 1 2%
950 1,012 62 18% 29%
3,577 3,133 (444) -16 3°/a 9 0%
319 167 ~152) -50 0% 0 5%
972 t,090 118 72% 31%
2,128 2,389 261 7 3°/a 6 9%
303 (19 284 -94 0% -0 1 %
32,564 34,729 2,165 2 0% 100 0%
JUNE YT~ Actual
2001 ' 7A04= SChange % Change
146 151 5 3 4%
727 755 28 3 9%
149 174 25 16 8°/a
11 13 2 18 2%
TOTAL CITY SALES & USE TAX COLLECTIONS - BY MONTH 8 CATEGORY (amounis m thousands)
REVENUECATEGORY YEAR JAN FEB `MAR APR MAY- --JUN JUL AUG SEP -4CT NOV DEG TOTAL %Chg
RETAIL SALES TAX 1999 4,342 4,773 5,494 4,694 5,236 6,110 4,886
2000 4,451 5,116 6,067 4,726 4,848 6,374 4,943 5,040
5,153 6,125
6,856 4,909
5,225 5,164
4,858 7,732
8,080 64,445
66,697 11 3%
3 5%
2001 4,958 4,489 6,247 4,636 4,824 6,190 4,464 4,841 5,889 4,792 4,519 6,822 62,671 -6 0%
2002 4,539 3,904 4,958 4,545 4,682 5,663 4,381 4,725 5,570 4,169 4,316 6,273 57,725 -7 9%
2003 3,872 3,875 5,055 4,093 4,265 5,232 4,168 4,664 5,172 4,288 4~247 5,940 54,871
~ -0 9%
-- - - --- - - ~ 2004 ; 4
394 4
170 5,327 4,340 4,461 5,341 - - - - - -' 28,033 na
, ,
Change from prior year (Month)
Change from prior year (YTD) S 5°/a
8 5% 2 9°/a
5 7% 0 7%
3 7°/a 1 4%
3 2% 0 0%
2 5% -2 4%
1 5% na
na na
na na
na na
na na
na na
na
BUSINESS & MOTOR
VEHICLE USE TAX 1999
2000 687
699 719
785 879
989 586
810 688
714 914
1,055 969
788 868
946 1,087
1,295 687
697 572
901 1,476
1,420 10,132
11,099 5 2%
9 5%
- --- --- -- ~ 2001 1
166 899 1,772 909 889 1,428 1,012 975 956 1,415 749 1,091 13,261 19 5%
2002 ,
716 566 1,294 784 497 1,092 809 671 648 768 629 1,153 9,627 -27 4%
2003 798 518 836 878 786 963 657 819 915 635 1,046 1,053 9,904
_ _ _ 2 9%
2004 ; 980 665 899 743 725 867 - - - - - -; m
,.,. 4,879 ; na
Change from pnor year (Month)
Change from pnor year (YTD) _ _ 17 4%
17 4% 22 7%
19 5% 2 8%
13 0% -19 1%
3 7% -11 8%
0 5% -13 9%
-2 4% na
na na
na na
na na
na na
na na
na
CONSTRUCTION USE TAX 1999 154 172 224 214 241 316 170 216 420 136 159 145 2,567 -0 3%
2000 239 477 168 364 355 141 388 254 229 259 174 250 3,298 28 5%
- -- --- 2001 191 331 173 171 198 187 227 311 471 319 195 166 2,940 -10 9%
-- - ---- - -- 2002 214 566 282 443 215 1,182 195 198 158 167 167 384 4,171 41 9°/a
- 2003 104 122 139 238 416 675 220 260 239 162 293 388 3,256 -21 9%
' 2004 ; 210 337 387 490 229 183 = - - - - - l 1,836 ; na
_
Change from pnor year (Month)
Change from prior year (YTD) 93 0%
93 0% 164 1%
131 4% 166 2%
144 6% 96 8%
125 S% -47 4%
55 1% -74 1%
3 6% na
na na
na na
na na
na na
na na
na
TOTAL SALES & USE TAX 1999 5,137 5,574 6,495 5,469 6,116 7,334 6,020 6,120 7,625 5,730 5,844 9,350 76,814 9 6%
2000 5,387 6,374 7,209 5,879 5,917 7,552 6,077 6,353 8,376 6,175 5,756 9,743 80,798 5 2%
2001 6,312 5,640 8,172 5,688 5,910 7,805 5,700 6,119 7,313 6,521 5,463 8,073 78,716 -26%
2002
2003 5,468
4,740 5,036
4,506 6,521
6,023 5,772
5,074 5,391
5,425 7,923
6,794 5,384
5,045 5,584
5,742 6,255
6,257 5,082
5,081 5,110
5,585 7,800
7,334 71,326
67,606 -9 4%
-5 2%
~ 2004 583
5 161
5 6,612 5,572 5,409 6,392 - - - - - _ ; 34,729 na
~
, ,
e from pnor year (Month)
Chan 12 6°/a 9 5% 5 0% 5 0% -4 7% -10 1% na na na na na na
g
nor year (YTD)
e from
Chan __ 12 6% 11 1% 8 7% 7 7% 5 1% 2 0% na na na na na na
p
g _
Ratechanges 1996-286%to37t%,1998-326%,2004-361%
COMPARISON OF YEAR-TO-DATE ACTUAI REVENUE FOR THE YEAR 2004 TO COMPARABLE PERIOD IN 2003 ~amounM in thousantls)
USE TAX BY CATEGORY
SALES TAX BY CATEGORY
JUNE YTD Actual JUNE Y76Actuai
zooa ;~2 ~' ~ 5c~ranye N.cnangs StandardlndustnalCode ~2003~ k0~ - , SCtmnga %ehanqa
53 _ 26 (27) -531% Food Stores _
T 4.342 5,103 761 _ 124%
_ 63 57 ~6) :135% Eatin~Places 3,733 4,074 _ 341 __ 43%
28 2 (26) -93 2% A~parel Stores _ _ _ 923 1,013 _ 90 _ 4 9%
___4 2 _{2) -52 2% _ Home Furnishin~s 1,086 1,166 __ 80 2 6%
191 518 327 159 3% General Retail 5,707 6,053 346
~ 1 4%
_ 91 156 _ 65 63 9%
T _ Transportation/Utilities _ 3.018 3,275 _257 __ 3 7°/a
980 1,099 119 _72% AutomotiveTrade 1,657 1,743 86 _ O6%
9 9 - -4 4% Bwldin~ Material-Retail _ 778 909 _ 131 11 7%
1,600 1,828 _ 226 _92% ConstrudionUseTax __ __ - _ __ - _ _ - _ na
- - -
~ na Construdion Sales Tax 122 138 16 8 1%
47 21 _(26) _ -57 3% Consumer Electromcs _ _ 947 615 68 7 5%
~
1,050 1,323 273 20 5% Computer Related Business 1,156 __ 828 (328) _ 31 5%
2,358 1,674 684 321% AllOther 3,324 3,116 208 -104%
6,474 6,715 241 -0 S% Total Sales & Use Tax 26,393 28,033 1,640 1 5%
2001'
X
_ _ 14 63 _ 49 330 2% North Broadway _ _ _ _ 503 _ , 444 _ {59) _ _ ,-15 6%
696_ 169_ (527)_ _ -768% Downtown(formerCAGID)__ _ 1_986_ 2_112 __126 _ __ 17%
_ 33 - - 14-- - - -(19) _ -59 4% - - _DowMOwn 6ctenswn _ _ __197 - _-192 _ _ _ (5) __ __ „-6 8°/a
_ - _ 56 _ 56 _ na _ _ UHGID ~the "hill"~ 427 442 _ 15 _ __ 1 0%
18 42 24 123 1% East Downtown 285 359 74 20 4%
25 61 _ _ 36 133 3% N 28th St Commemial _ W 2,122 2,308 _ 186 4 0%
7 390 _ 383 _ 5226 4% N Broadway Annex_ _ _ 72 81 9 _ 7 6%
102 43 _ _(59) -59 7% Unrversity of Colorado __ _ 285 __ _ 327 _ 42 _ g 7%
8 13 5 55 4°h Basemar 564 593 29
~ 0 5%
204 _ 198 _ (6) _-7 2% Boulder Valley Re~ional Center 7,403 8,335 _ 932 7 6%
3 7 4 123 1% Table Mesa 850 883 33 -0 7°/a
- - - 7 . 10 3 36 6% The Meadows_ _ _ _ _ 472 -- _ _ _557 . , _ 85 . _ 12 8%
658 _ 1,130 _ 472 64 2% All Other Boulder _ 953 __ 1,009 _ _ 56 _ 1 2%
154 _ 86 (68) _-46 6%o Boulder County _ 292 357 65 16 9%
60 55_ (5) -124°/a MetroDenver 1,106_ 1.204 98 __ 41°/a
1_ 1_ - __ -4 4% Colorado All Other 60 51 (9) -18 7%
244 233_ S11) _-87% OutofState __ 3,241_ 2,846 (395~ -161%
- - - na AirPort _ 7 4 (3) -45 4%
1,307 1,626_ 319 189% Gun6arrellndustnal__ 145 228 83 503%
1 1 - -4 4% Gunbarrel Commercial 409 425 16 _-0 7%
24 _ 11 _ (13) -56 2% Pearl Street Mall 926 1,001 75 3 3%
1,730 _ 1,207 _ (523) 33 3% Boulder Industnal 1,845 1,926 81 -0 2%
157 86 _ S71J -476% Unlicensed Receipts 163 82 (81~ -51 9%
972 1,090 118 7 2% CountX Clerk - _ - na
49 123 74 140 0% Pubhc UtdiLes 2,080 2.267 187 4 2%
6,474 6,715 241 -0 8% Total Sales 8 Use Tax 26,393 26 033 1,640 1 5%
Sales Tax Revenues Generated in the UHGID Area by Standard Industrial Classification
' Food ~ £atlng ~l~ppa~el Hqme ~ Gen. GRpND
Stores Places Stores Furnish. Merehandise Transport AllOthers TOTAL
2002
January 2,694 31,302 5,669 2,353 53,186 966 677 96,846
February 2,942 31,715 4,250 2,319 15,702 - 66 56,994
March 3,534 32~811 5,872 3,035 21,125 - 2,363 68,740
Apnl 3,341 38,204 5,174 2,913 17,018 1,038 859 68,547
May 3.192 31,582 5,941 2,533 12,989 - 70 56,306
June 3,746 31,900 7,445 2,517 28,001 - 2,478 76,086
~~~~ 3,410 31,478 5,376 2,465 17,042 2,470 817 63,058
Auqust 3,506 35,000 8,585 3,172 36,143 - 760 87,167
September 3,905 42,680 13,457 2,984 64,828 - 2,113 129,966
October 3~938 41,339 6,801 2,993 15,878 1,745 1,173 73,867
November 3,977 26J46 13,610 2,703 9,063 - 2,173 58,271
December 4,037 28,138 7,272
~ 4,116 22,593 1,745 3,132
~ 71,034
2002 TOTAL 42223 402,894 ' 89,454 34,104 ' 313,566 " 7,964 16,6@0 906,884
2003
Janua 3,048 27,440 9,364 2,690 54,736 25 2,729 100,032
February 3,875 30,772 3,169 3,385 79,333 - 3,235 63,769
March 3,874 32,752 4,578 3,139 20,608 7,519 3290 69,760
Apnl 3,599 36,388 4,283 2,896 71,638 57 3,194 62,055
May 3,180 34,356 5,627 2,547 14,227 - 2,142 62,078
June 3,436 27i234 6~816 2,854 25,563 59 3,765 69,726
July 3,347 25,329 5,060 2,856 70228 - 1,259 48,079
AuGust 3,893 44,608 8,241 3,646 62285 1,588 1,539 725,801
September 4.659 48,734 10,072 3~600 35,808 - 7,865 704,739
October 4,024 43,413 7,328 3,745 17,223 3,744 1,873 81.351
November 3,474 34,452 18,147 1,912 7,083 304 7,785 67,097
December 3,252 27,543 11,350 2,180 25,043 298 5,170 74,835
2003TOTAl 43,607 473,020 94,036 ~ 35,450 °303,775 7,594 ' 31,8d5 929,322
2004
January 2.985 34,863 3,813 1,918 53,065 717 2,062 99,422
February 3,495 37,716 6,880 2,207 11,879 464 1,879 64,521
March 1.085 38,421 5,012 2,204 21,163 408 4,691 72,985
Apnl 5,738 38,957 5,411 1,802 12,257 428 2,136 66,129
May 5,372 38,591 6,173 1,682 11,276 358 2,130 65,583
June 3,625 31,801 6,545 1,840 26,531 - 3,350 73,693
July ' ' ' ' ' ' ' '
Auqust - - - - ' - - -
September - - - - - - - -
October - - - - ' -
November - - - - ~ - ~ ~
December - - - - ' ~ -
2004TOTAL ~ 2Y.?~0 220;349 ~ 33,834 ~ Y1,654 ` 136,171 2,375 ~ 16249 442,333
/ Chanye from 20014002 7 78 % 10 60% 9 48 % 6 28°/ 7 33% 391 35% 23 32 % 9 99 %
/< Chan e trom 2002-2003 3 26% 2 51 % 5 12% 3 95% 3 12%> -4 64 % 90 92% 2 47%>
% Change from 2003-2004 -1 27% 71 49% -4 41 % -36 37% -10 90% 36 77% -15 36% -1 O6 %
% Change from previous year month 0 87% 11 63% -8 20% -38 36% -0 78% -7 00 00 % -14 92 % 1 04%
NOTES Percentage change calcWations for 2004 have been ad~usted to eliminate the impact of the increase in the sales/use tax rate
Sales and Use Tax Revenues Generated in the UHGID Area by Standard Industnal Classification
TOTAL
2002
2003
TOTAL
TOTAL
2004
Footl EaUn9 MPerel Flome Gon GHANo
Stores Placea Stores Furnish Merchantlice Transport Conetruchon NlOthere TOTAL
2,695 37,302 5,669 2,353 53J91 - 4,022 677 99,909
2,943 33,019 4250 2,319 15,712 - - 66 58,310
3,552 32,857 5~872 3035 27,151 966 87 2,828 70,342
3,360 38204 5~174 2,913 17,031 - - 859 67,541
3,192 31,582 5,941 2,533 13,017 - 2,727 70 59,055
3,746 37,944 7,445 2,517 28,024 1,038 45 2,912 77,670
3 410 32,869 5,376 2~465 17,057 - 1,589 817 63,583
3,506 35,029 8,585 3,172 36,155 - 1,720 760 88,336
3,977 42,680 13,457 2.984 64,841 2.470 95 2,450 132,887
3,938 43,136 6,801 2,993 15,892 - - 1,173 73,933
3,977 26.846 13,610 2,703 9,085 - 641 8,071 64,933
4,037 28,138 7,272 4,116 22,647 1,745 751 3~438 72J46
42288 407.606 89.454 34,104 313.795 6,219 11,079 24.121 928.645
3.048 27.490 9,364 2.690 54,745 25 1,023 2,729 101J14
3,877 32,399 3,169 3,385 79,337 - - (2,664) 59,503
3,877 32,752 4,578 3,139 20,656 1,519 818 3,600 70,940
3,600 36,388 4,283 2,896 11,651 57 415 3,194 62,484
3,180 34,700 5,627 2,547 14,239 - - 2,142 62,434
3,436 27,284 6,816 2,854 25,577 59 571 4,090 70,687
3,348 25,397 5,060 2,856 10236 - 245 1,259 48,399
3,093 44,608 8,241 3,646 62,295 1,588 687 1,539 726,499
4,660 48,734 10,072 3,600 35,827 - 6J49 2,457 112,099
4,024 43,413 7,328 3,745 17,323 3,744 - 2,424 82,002
3,415 37,045 18,147 1,912 7,095 304 446 1,785 70,149
3260 27,573 11,350 2,180 25,117 298 385 5,478 75,641
43,618 417,782 94,036 35,450 304.099 7,594 11,338 28,033 841,951
2.986 34,863 3.813 1,918 53.080 717 1.857 2.062 101,289
3,496 37,716 6,880 2207 11,884 464 29,820 1,999 94,467
1,088 38,833 5,012 2204 21,184 408 140 5,000 73,B6B
5139 39,323 5,411 18b2 13,510 428 10,847 2,349 78,810
5373 39,319 6J73 1,682 11284 358 1,520 3,963 69,672
3,626 32,688 6,545 1,840 26,553 - 3,276 5,512 80,040
21,705 ~ 222.742 ~ 33,83A ~ 11.654 ~ 137.498 ~ 2.375 ~ 47,454 ~ 20,885 ~ 498,145
I I %
l I I I 84
03
200 7~ ' '
4902 '
~
f
~earmonth
%ChanyefromP~ 08 1454°
/a -820% -3836% 075% 1 000% 4
% 28
% 8
%
NOTES Percentage change calculations tor 2004 have been ad~usted to eliminate the impact of the Increase in the sales/use tax rate
ales and Use Tax BreakOown by InAUS4y Category
Eahng Apparel
Food Scores Placas Stores
June2004 $27,705 $222742 $33834
4Y 45% 7%
2003 $43,618 $417,782 $94,036
5% 44% 70%
2002 $42 268 $407 606 $89,454
5% 44 % 10%
2001 $41.988 $394,142 $103,513
5% 43% 11%
2000 $34,841 $378,042 $99,206
4% 40°h 11%
7999 $38 414 $345,800 $92 878
4% 40% 11%
1998 $33J81 $350299 $726,670
4/ 40% 15%
1997 $37,537 $323,175 $126,465
4% 38% 15%
1996 $33,742 $342,802 $145,274
4% 37% 1G%
Home General
Furn~shmgs Merch
$71654 $137,496
2% 28%
$35,450 $304,099
4% 32Y
$3d,104 $373,795
6% 34°h
$35,711 $318.763
4% 35%
$39,066 $366,669
4% 39%
$46,325 $345,546
5% 40%
$40 532 $306,191
5% 35%
$39,846 $376,999
5% 37%
$74,OBB $317,743
8% 34%
NIOtl~er Total
570.714 $498.145
74% 100No
$46,965 $941.951
5% 100%
$41,419 $928,646
4% 100%
$26,961 $920,478
3% 100%
$17,242 $935.0fi6
2% f00%
$5.309 $874.272
1% 100%
512,898 $870,377
1% 100%
$9,035 $853,057
1% 700%
y15.7B8 $929.437
2% 100Y
n-June 2004 ,
Eatmg Apparel Fbmo Genaral
i Stores PWCes Sbree Fuml6Nngs Moroh N~ 0~ To~E~
$21,705 5222.742 $33834 511.654 57$7.496 $79,714 3498,t<
4/ 45% 7% 2% 28% 14% 100'
zao~
UNGID Sales and Uae Ta BreeNEOwn by NEUa4y Gtagory
UHG~D Selea and Uta 7~~ af a percent of Toml CIty WWe Sales nnd Uce Tax
Footl Eadng Apparel Home General
Stores Places Storas Furn~shm8s Merch NIONer Total
June 2004 $5,729,000 $4,132,000 $7,015,000 $7,804,000 $6,570,000 $16,079,000 $34,729,00
0% 5% 3% i% 2q 0% 74°
2003 $9,052,658 $7,847285 $2,046,951 $3,922,549 $13,185,423 $31,552,637 $67,607,50
0% 5% 5% 1q 2% 0% 74°
2002 $9,294,397 $8,733,237 $2,346,305 $4,764,992 $13,572,651 $33,815,600 $71,327,18
0% 5°h 4Y, tY 2% Oq 13°
2001 $9,312,676 $8,384,190 $2,646,021 $4,537,712 $15,553.807 $38Q79,526 $78,713,33
0% 5% 4% tq 2% 0% 12°
2000 $9,080,970 $8,484,601 $3,159262 $5,975,794 $17,8W,211 $36269,737 $BOJ97,57
OY 4% 3% 1Y 2Y 0% 12°
1999 $9.207,721 $7.790,fi48 $3.359.914 $5,553,219 $17.008.884 $33,893.706 $76,814.09
0% 4% 3% 1°a 2% 0% 11;
1998 $8,932,097 $7,469,094 $3252,729 $3,570,448 $15.736,740 $30,637,704 $fi9,597,61
Oq 5h 4q 7Y 2% 0% 13°
1997 $7.739.779 $6.797237 $2.787,018 $3,129.089 $15.439.769 $28,494.047 $64,380.33
0% 5% 5% 1% 2% Oa 13°
1996 $76N,055 $6,614,561 $2J82,149 $2,862,572 $15,111,950 $26,975,579 $61,957,86
0 0 5% 5% 3 0 2 0 0% 1 5°