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Sales & Use Tax Revenue Report - December 2009 City of Boulder Sales & Use Tax Revenue Report December, 2009 Issued Febniary 12, 2010 This report provides information and analysis related to sales and use tax collections for fiscal year 2009. Results are for actual sales activity through the month of December, the tax on which is received by the city in the subsequent month. Any questions should be directed to Bob Eichem, Finance Director at (303) 441-1819. REVENUE COMPARISONS TO COMPARABLE PERIOD IN PRIOR YEAR Table I lists the categories of sales and use tax collected by the City of Boulder. It illustrates the percent change in the various areas for 2009 over the same time period in 2008. Total sales and use tax has increased from the 2008 base by 0.72%. For 2009 budget purposes, the city forecast a 1.93% decrease from 2008 sales and use tax levels. Although retail sales tax was down significantly (4.69%), strong business use tax (up 8.73%) and construction use tax (up 83.98°/x) resulted in a positive net result for the year. Although the positive results are very much appreciated from a revenue perspective, they are not necessarily indicative of an enduring turn in the economy. This is because the revenue generated from the following areas are considered one-time in nature and cannot be counted on to reoccur in future years. Since they are non-reoccurring they will not be available to pay for ongoing operational costs in the future. The specific items were: • Business Use Tax Revenue from several large audits; ■ Certain one-time collections in June distort the year-to-date Retail Sales Tax revenue; ■ The "Cash for Clunkers" program temporarily improved results; and ■ There were several large constriction projects covered in the construction use tax section of this report. TABLE 1 % CHANGE IN TAX CATEGORY REVENUE % OF Increase/(Decrease) TOTAL 2008 to 2009 Sales Tax 4.69°/, 78.51% Business/Co nstim.er Use Tax 8.73% 10.94% Construction Use Tax 83.98% 8.75% Motor Vehiclc Use Tax (3.92%) 2.14% Refunds 153.09%- - ~-(0.33%) Total Sales & Use Tax - - 0.72% - 100.00% RETAIL SALES TAX Please Note: In this report, to assist in tracking trends, Retail Sales Tax has been adjusted for certain late November payments (November activity received in December). Therefore, to reflect the timing of payments, November actual has been increased and December actual decreased by the same amount for larger retail vendors. There were a significant number of tax returns for the November reporting period that could not be processed before the November cut off. Therefore they were deposited with the December returns. This timing difference has no impact on the yearly total comparison for 2009. It does distort month over month comparisons for individual Standard Industrial Code and GEO codes sections of this report when comparing November or December to the previous year. The sales and use tax software of the city does not provide for the capability to make timing entry adjustments to months that have already been closed. Retail Sales Tax - As anticipated, 2009 retail activity in the City of Boulder has been lower than that experienced in 2008. Projections were 2009 retail sales tax would be down 1.06% below the actual decline of 3.9% that occurred when comparing 2008 to 2007. Retail sales tax is a primary source of revenue for many city services and provides the funding for ongoing operating costs such as salaries, benefits, supplies, utilities, debt payments. As stated earlier the city exceeded overall sales and use tax projections. However, this was due to one-time collections that will not reoccur. City staff is currently reviewing projections for 2010 based on the preliminary (unaudited) year-end information. Jan Feb Mar Apr May Jun Jul Aug I Se Oct Nov Dec Dcc Y'J'D (5.35%) (8-73°0) (2.60%) (4.76%) (6.50%) (2.19%) (5.48%) (7.48%) (7.96%) (3.95%) .60 (2.42%) (4.69%) 11 Food Store - retail sales tax revenue is virtually flat for 2009. Food store retail sales tax comprises more than 13% of our sales/use tax revenue base, Deflation in food costs may be the reason why we are essentially flat even if the volume of sales has not decreased. Jan Feb Mar Apr May Jun Jul Aug I Sep I Oct Nov Dec _ Dec YD 8.50% 118.34%x) 18.81% 197°/ (1.22%) 28.46% t1.58%) 121.23%) (2.99%) 10.78%u (2.71%) (6.32%) (0.58%) Sales at Eating Places are both an important revenue source (similar to Food Stores, Eating Places comprise over 13% of sales/use tax) and are a significant indicator of the health of the economy in the city. This discretionary category is highly correlated with unemployment (disposable income) and consumer confidence. Retail sales at eating places improved significantly in December. Jan Feb Mar Apr May htn Jul Aug I Sep I Oct Nov Dec Dec YTl) ( +.il%) (5.81%) (1.84%) (5.23%) (5.72%) (1.62%) (2.75%) (1.54%) (6,84%) (1.43%) (4.96%) 4.65% (338%) Apparel Store sales improved slightly in December but did not continue the significant increases experienced in November. Jan Feb Mar A pi May Jurl Jul Aug I Sep I Oct Nov Dec Dcc YTD (5.60%) (7721/,1 (6 78%) (13.69°/o) (675%) (1395%) [ (596`/6) (8.84%) (9.34%) (11 55%) 10 91 (4.38'%) (7 24%) General Retail, in line with national trends, experienced significant improvement in December. Jan Feb Mar Apr Ma Jun Jul Au Se OCI Nov Dcc Dcc YTD (1,79%) (405%) 00%) (1.85%) (4.15%) (3.19%) (7.00`9°) (6.40%) (9.28°/") (1.05%) (3.76%) 4.12% (4.01%) utilities (primarily natural gas and electricity) have traditionally been a very stable underpinning for the sales tax revenue base. December revenue increased from the same period in 2008. December sales were up by 3.87% for the month but continue to be down by 14.00% YTD. Negative 2009 sales tax receipts are a concern from a revenue perspective as this category makes up over 5% of the sales/use tax revenue base. Three factors impact utility usage. First, the volume of sales is impacted by temperatures, conservation changes in usage patterns, and the activity level of commercial and industrial customers. Second, the cost of natural gas and electricity varies. Third, the ECA (electric fuel cost adjustment), which accounts for about 12 % of the total bill amount, changes periodically. The ECA is a "rider" on the bill that addresses fuel costs to the company for purchasing coal and natural gas for its own generation; and costs associated with purchasing energy from independent power producers or other electric generating utilities. The ECA also has been reduced to reflect a share of the margins earned by the company in selling electric energy to other utilities. It is assumed that the decrease in commodity prices, associated with the worldwide recession, are a significant component in the ECA and that increases in commodity prices will occur as worldwide economic conditions and increases in worldwide demand occur in the future. Also, the ECA filing is being updated quarterly, instead of once a year previously. The Energy Consumer Price Index: The energy index rose 4.1 % in November-after increasing 1.5% in October. The index for energy commodities rose 6.3 with the gasoline index increasing 6.4%. The rise in the gasoline index accounted for over three-quarters of the total energy increase. The remainder of the increase was due to advances in all of the other energy components. The index for energy services increased 1.4% in November, with the electricity index rising 1.4% and the index for natural gas advancing 1.5%. The energy index has risen 7.4% over the past 12 months. The multitude of variables (ECA adjustments, rates, and volume of usage) makes it difficult to project related tax revenue. To date, 2009 revenue has fallen as follows: Jan Peb Mar A r M_ay Jun Jul Aug I Sep I Oct Nov Dec Dec YTD (821(1024%) (13.52%) (17.59%) (2143%) (2202%,) (2275%) 11738%) (2199%) 1959%) 14.7496 387% (1400°/) Results in the Computer Related Business retail category continue to be encouraging. Although this category tends to be very volatile, the December YTD increase of 15.75% is strong. BUSINESS/CONSUMER USE TAX Business/Consumer Use Tax - This category also tends to be volatile in nature and the short-term results do not necessarily reflect trends. The fact that it is up by 8.73% December YTD is significantly attributable to one-time audit revenue. CONSTRUCTION USE TAX Construction Use Tax - While this is a bright spot in December YTD revenue, increasing by 8398%, it is probably not indicative of what we will experience in the future. Included in this YTD revenue are the following large projects, the scope of which will most likely not be repeated in the near-term future: Broadway Reconstruction, Pine to Iris CU Visual Arts Center CU Buckingham Hall Renovation Boulder High School Renovations Sizeable Remodel of Congregate Care Residences TwentyNinth Street Department of Commerce, NIST Building Casey Middle School CU Center for Community MOTOR VEHICLE USE TAX Motor Vehicle Use Tax continued to improve during December, probably due trailing activity form the Federal Cash for Clunkers Program and pent up demand. Even though the program expired in August, timing in processing the Certificate of Title (and the related use tax revenue) through the State of Colorado resulted in increases through December. Although this incremental revenue is appreciated, it is one-time in nature and is not a significant indicator of the strength of the city's longer-term sales/use tax base. Further, this category makes up just 2% of the city's sales/use tax base. To date, 2009 Motor Vehicle Use Tax revenue has changed as follows: Jan Feb Mar Apr Ma Jun Jul Aug I Se Oct Nov Dec Dcc YTD (26.53%) (31.82%) (24.57%) 17.68%) (11.98%) 2.81% (17,61%) (10.51%) 31.09% 9.83% 64.12% 12.66% -3.92% Significant increases / decreases by tax category are summarized in Table 2: TABLE 2 YTD RETAIL SALES TAX Change in Comparable Collections STRENGTHS: WEAKNESSES: ■ Computer Related Business up by 15.75% Food Stores down by 0.58% ■ University of Colorado up by 5.40% Eating Places down by 3.33% • Table Mesa up by 2.88% Apparel Stores down by 7.24% • GunbarreI Industrial up by 2.30% ■ Home Furnishings down by 9.17% ■ General Retail down by 4.01 % Transportation/Utilities down by 9.96% ■ Automotive Trade down by 4.04% ■ Building Material-Retail down by 8.90% ■ Consumer Electronics down by 24.46% • Downtown down by 0.83% (includes a large, business related, non-consumer retail, sale of a computer system) ■ U11GID down by 0.71% ■ N. 28`h St Commercial down by 8.37% ■ Basemar down by 1.67% ■ Twenty Ninth Street down by 2.62% ■ The Meadows down by 10.73% • Pearl Street Mall down by 9.48% • BVRC (excluding 29`h Street) down by 3.65% ■ "All Other Boulder" category is down by 0.35% ■ Boulder County down by 11.63% ■ "Metro Denver" category is down by 13.91% ■ "Out of State" down by 6.69% ■ Gunbarrel Commercial down by 1.56 % ■ Boulder Industrial down by 1.66% ■ Public Utilities down b 12.59% YTD USE TAX Change in Comparable Collections STRENGTHS: WEAKNESSES ■ Construction Use Tax tip by 83.98% ■ Motor Vehicle Use Tax down by 3.92% ■ Computer Related Business Use Tax is down by 0.84% OTHER TAXES ■ Accommodations Tax is down by 13,46%. ■ Admissions Tax is up by 5.30% PROJECTIONS FOR THE FUTURE' The state entered the recession that began for the nation at the end of 2007. Although Colorado's economy performed better than the nation's through much of 2008, negative forces resulting from the financial crisis, housing market contraction, and slowdown in consumer spending significantly impacted the City of Boulder from the 3rd quarter of 2008 through December 2009. Job losses, a reduction in credit availability, and consumer and business confidence have limited spending. Although Boulder and Colorado unemployment rates are improving slightly and most economists are stating that a slow recovery has begun, it is too early to tell how quickly the business sector and employment in Boulder will improve and whether the federal government's capital infusions will have enough impact to free up the capital markets necessary for Colorado's emerging industries to succeed. Jobs are obviously the basis for the disposable income that underlies much of our tax base. Uncertainty regarding the future has resulted in consumers using disposable income to save or reduce debt rather than for consumption. Given the uncertainty, we will continually analyze trends in City of Boulder Sales and Use Tax and modify forecasts as necessary. The January 22 - February 4, 2010 issue of the Boulder County Business Report included the following projections: ■ Business leaders see 2010 recovery • As five Boulder business leaders shared their economic predictions for 2010, Chuck Porter gave the most simplistic, and perhaps realistic, answer. "1 know what you know," the co-chairman of advertising firm Crispin Porter + Bogusky said. "Things got bad, and now they are getting better." ■ A continuing improving economy in 2010 was the consensus viewpoint from business leaders Wednesday at the Boulder Economic Council 2010 Economic Forecast, held at the UCAR Center Green Facility Auditorium. Local developer Stephen Tebo, who owns and operates nearly 2 million square feet of mostly commercial real estate in the Boulder Valley, said the market has been affected by difficulty in obtaining loans from the banks. That has hurt commercial real estate sales and new development, but existing real estate and leasing is holding strong in Boulder, he said. "There's a perception of a lot of vacant space, but in reality a lot of it is being quickly re-leased," Tebo said. "I do not expect an onslaught of commercial properties at deep discounts," he said. "Even those that are in foreclosure are being picked up quickly." ■ Kim Campbell, senior property manager at Twenty Ninth Street and Flatlron Crossing malls, said the overall retail industry began to see a sales rebound in the fourth quarter of 2009. She predicted that "cautious optimism will prevail," and retail sales in Colorado will rise by 3 percent in 2010. The February 6, 2010 issue of the Denver Post contains the following information: ■ The job market is lurching toward improvement. It just has along way to go. The outlook became a bit less bleak Friday when the government released January's unemployment rate showing a decline from 10% to 9.7%. ■ The economy is growing, and normally, job creation would be strengthening. But the job market is weighed down by employers who remain slow to hire because consumers are not spending enough. • This year the monthly unemployment rate is likely to stay high. Bloomberg.com, on December 28, 2009, reported that Holiday Sales Gain Signals Season Topped Forecasts: ■ U.S. retail sales rose an estimated 3.6%, this holiday season as on-line gift-buying, last-minute spending and an extra shopping day spurred a recovery from last year, the worst in four decades. According to the December 19, 2009 Boulder Camera: ■ Boulder County's jobless rate increased one-tenth of a percentage point to 5.4% in November as 9,324 people were without jobs during the month. Projections from the December 18, 2009 edition of Focus Colorado: Economic and Revenue Forecast published by the State of Colorado Legislative Council follow: ■ Colorado's recession appears to be over. Employment, while still on a slightly negative trend, has shown signs of rebounding, with job gains in both July and October. Coloradans have timidly begun to spend a little more, not only for food and gasoline, but also for durable goods. Activities that will ultimately heal the economy in the long run also are occurring. Consumers and businesses are paying off debt, banks are shoring up balance sheets, and the construction of buildings has ground nearly to a halt to adjust for past excesses. ■ The end of the recession, however, does not portend the end of difficult economic times. The state has lost one out of every 20 jobs since May 2008. It took a full five years for the state to recover all of its job losses from the last recession and it will likely take longer to recover the jobs lost during this recession, which was much more broad-based than the previous recession. Many workers will continue to experience cuts in compensation into 2010, and wage growth will be anemic thereafter. The unemployment rate, although decreasing over the last several months because of an exodus from the state's labor force, will remain high for several years to come. The nascent and timid recovery in consumer spending is occurring at the level 13.9% lower this year than in 2008. Finally, credit conditions for consumers and most of Colorado's small businesses will remain constrained for several years to come. ■ The recession's end will likely not be noticeable to the average Colorado citizen for at least another year. ■ December, 2009 State of Colorado Revenue estimates (Note: the fiscal year and the tax base di ffer from that of the City of Boulder): 2008-09 2009-10 2010-11 2011-12 Category Preliminary Estimate Estimate Estimate Sales Tax -9.2%0 -3.9% 2.5% -2.2% Use Tax -7.6% -17.8% 4.3% 7.5% lnfonnation provided in November by the University of Colorado, Leeds School of Business, Business Research Division at their annual Colorado Business Economic Outlook presentation reflected the following predictions: ■ The big picture for 2010 will be a "return to stability, but not growth." Economist Richard Wobbekind said, "We still have some serious kinks to work through, but we see 2010 as a stabilizing year that will put the state economy in a position for more sustained growth in 2011 and 2012." ■ State retail sales ...are expected to grow by 3% next year, according to the retail forecast. That's far rosier than the 12% decline expected for 2009. ■ Wobbekind said the state should gain about 6,500 higher-paying professional and business service jobs in 2010, but the construction industry will recover more slowly. On December 8, 2009, The Boulder County Business Report included the following information: Boulder and Broomfield counties reported 143 new foreclosure filings in November, a new record high for the month. ■ November foreclosure figures are up 41 % from November 2008. Year-to-date through Nov. 30, filings have reached 1,616 - up 38% from the same period a year ago. ■ Foreclosures typically are filed after borrowers are 75 to 90 days late on their mortgage payments. Those homes haven't necessarily been repossessed yet, but the figures are a good indication of how many households are struggling to pay their bills. • Breaking down November's monthly i'oreclosures by city, Longmont had the highest amount with 61 filings, followed by Broomfield with 30 and Boulder with 26. This report will be updated and will be available on approximately the tenth business clay of each month, DE:C'KMBE R, YTD Actual Total Net Sales/Use Tax Receipts by Tax Catcgur) 2008 2009 b" C;hange % of Total --T I Sales 7 ax 70,170,045 66,877,613 -4.6906 78.51% Business Use Tax 8,566,746 9,314,530 8.73% 10.94% Construction Use Tax 4,048,982 7,449,176 83.98% 8.75% Motor vehicle 1,897,298 1,822,967 -3.92% 2.14% Refunds -112.123 -283.770 153.09%. -0.33% Total Sales and Use Tax 84,570,947 85,180,517 0.72% 100.00% DECEMBER YTD Actual Total Net Sales/Use Tax Receipts by Industry hype 2008 2009 %X,han1 c EEO Food Stores 11,204,475 11,160,109 -0.40% 13.10% Eating Places 10,910,035 10,572,840 -3.09% 12.41% Apparel Stores 2,819,260 2,626,020 -6.85% 3.08% Home furnishings 2,821,414 2,579,235 -8.58% 3.03% General Retail 18,002,283 17,515,062 -2.71 % 20.56% Transportation/Utilities 7,865,338 7,312,448 -7.03% 8.58% Automotive Trade 5,151,926 4,939,810 -4,12% 5.80% Building Material-Retail 3,072,842 2,798,787 -8.92% 3.29% Constriction Use Tax 3,533,561 4,851,654 37.30% 5.70% Construction Sales Tax 406,411 382,810 -5,81% 0.45% Consumer Flectronics 2,105,236 1,725,148 -18.05% 2.03% Computer Related Business Sector 5,382,936 5,714,466 6.16% 6,71% All Other 11,407,355 13,285,897 16,47% 15.60% Refunds -112,123 -283,770 153.09% -0.330/ Total Sales and Use Tax 84,570,947 85,180,517 0.72% 100.00°/6 DECEMBER YTD Actual Total Net Sales/Use Tax Receipts by Geographic \rca 2008 2009 (change of'rutal North Broadway 1,220,849 1,128,232 -7.59% 1.32% Downtown 6,111,285 5,651,714 -7 52% 6,63% Downtown Extension 523,425 534,774 2.17% 0.63% UHGiD (the "hill") 1,063,388 1,057,749 -0.53% 1.24% East Downtown 680,239 549,217 -19.26% 0.64% N. 28th St. Commercial 4,863,453 4,452,022 -8.46% 5.23% N. Broadway Annex 497,458 450,875 -9.36% 0.53% University of Colorado 991,379 1,052,429 6.16% 1.24'% Basemar 1,602,569 1,394,638 -12.97% 1.64% BVRC-Boulder Valley Regional Center 16,881,839 16,683,708 -1.17% 19.59% 29th Street 6,083,671 5,970,894 -1.85% 7.01% Table Mesa 2,267,413 2,282,088 0.65% 2.68% The Meadows 1,135,384 1,029,395 -9.34% 121% All Other Boulder 4,564,249 4,316,488 -5.43% 5.07% Boulder County 1,155,298 1,184,677 2.54% 1.39% Metro Denver 3,324,545 4,063,261 22.22% 4.77% Colorado All Other 173,294 282,918 63.26% 0.33% Out of State 8,610,212 9,000,268 4.53% 10.57% Airport 30,192 27,541 -8.79% 0.03% Gunbarrel industrial 4,717,643 4,544,637 -3.67% 5.34% Gunbar ei Commercial 1,051,385 1,038,731 -1,20% 1.22% Pearl Street Mall 2,464,191 2,241,668 -9.03% 2.63% Boulder Industrial 6,615,637 7,196,875 8.79% 8.45% Unlicensed Receipts 927,104 2,957,136 218.960,,'o 3.47% County Clerk 1,897,298 1,822,967 -3.92% 2.140/4 Public Utilities 5.229,672 4,549,386 -13.01% 5.34% Refunds -112,123 -283.770 153.09% -0.33% Total Sales and Use Tax 84,570,947 85,180,517 0.72% 100.00% DE'C EMBER YTD Actual Miscellaneous Tax Statistics 21108 2009 Tu+u1.1 tialci 'total Food Scrvicc Tax 508,654 483,132 -5.02% Accommodations Tax 3,553,443 3,075,024 -13.46% Admissions Tax 548,958 578,043 5.30% License Fees 23-750 26,000 9.47% Trash Tax 1,306,825 1,287,440 -1.48% USE SALES COMPARISON OF YEAR-TO-DATE ACTUAL REVENUE FOR THE YEAR 2009 TO COMPARABLE PERIOD IN 201 USE TAX BY CATEGORY SALES TAX BY CATEGORY DECEMBER YTD Actual DECFMBER )"I'D Actual 2(108 2009 °4. C11 a I Iv e Standard Industrial Code 201)8 2009 "io Change t 11,516 131,307 17.75% Food Stores 11,092,959 11,028,802 -0.58% 157,911 184,389 16.77% Eating Places 10,752,124 10,388,451 -3.38% 25,968 35,005 34.80% Apparel Stores 2,793,293 2,591,015 -7.24% 21,274 35,807 68.31% Home Furnishings 2,800,139 2,543,428 -9.17% 1,224,293 1,409,151 15.10% General Retail 16,777,990 16,105,912 -4.01% 495,623 676,699 36.53% Transportation/Utilities 7,369,714 6,635,750 -9.96% 1,924,178 1,842,565 -4.24% Automotive Trade 3,227,749 3,097,245 -4.04% 16,621 14,606 -12.12% Building Material-Retail 3,056,221 2,784,180 -8.90% 3,533,561 4,851,654 37.30% Construction Use Tax 0 0 na 0 0 na Construction Sales Tax 406,411 382,810 -5.81% 115,377 222,077 92.48% Consumer Electronics 1,989,859 1,503,070 -24.46% 3,112,554 3,086,389 -0.84% Computer Related Business 2,270,382 2,628,077 15.75%, 3,774,151 6,097,023 61.55% All Other 7,633,205 7,188,874 -5.82% 14,513,025 18,586,673 28.07% Total Sales and Use Tax 70,170,045 66,877,613 -4,699;, USE TAX BY CATEGORY SALES TAX BY CATEGORY DEC EN1BER YTD Actual DECENIBER 1''11) Actual 2008 21)09 °<u C'h;ulge Geographic Code 21008, s 2()09 t.'ft~tnce 101.171 42,361 -58.1311fu North Broadway 1,119,678 1,085,871 -3.02% 653,457 239,191 -63,40% Downtown 5,457,828 5,412,522 -0.83"/6 38.102 15,664 -58.89% Downtown Extension 485,323 519,110 6.96% 10,745 12,586 17.14"t o U11GID (the "hill") 1,052,643 1,045,162 -0.71" b 82,156 59,298 -27.82°1/0 East Downtown 598,082 489,920 18,08`0 114,529 100;382 -12.35% N. 28th St. Commercial 4,748,924 4,351,640 -8.3711.,, 81,669 25,412 -68.888 N. Broadway Annex 415,789 425,463 2.3390 15,380 23,172 50.6611/o University of Colorado 975,999 1,029,257 5.46 240,719 55,492 -76.95% Basemar 1,361,850 1,339,146 -1.6708 410,708 814,337 98.28% BVRC 16,471,132 15,869,371 -3.65% 93,020 137,378 47.69% 29th Street 5,990,650 5,833,516 2,62'No 77,689 29,409 -62.15% Table Mesa 2,189,724 2,252,679 2.889 14,533 28,800 98.181% The Meadows 1,120,851 1,000,594 -10.73(Nu 2,306,328 2,066,401 -10.40% All Other Boulder 2,257,921 2,250,087 -0.35'Ya 258,606 392,275 51.69% Boulder County 896,693 792,401 - 11.63% 308,382 1,466,551 375.56% Metro Denver 3,016,163 2,596,710 13.91",,, 51,589 156,229 202.83% Colorado All Other 121,705 126,689 4.101., 658,016 1,580,074 140.13% Out of State 7,952,196 7,420,193 -6,09 11573 13,691 0.870,16 Airport 16,620 13,850 16.66'~,) 3,800,117 3,606,052 -5.11% Gunbarrel Industrial 917,526 938,585 2.30 2,700 6,442 138.58% Gunbarrel Commercial 1,048,685 1,032,290 -1.56°.1/o 22,038 30,945 40.42% Pearl Street Mall 2,442,153 2,210,722 -9.48% 2,374,185 3,025,690 27.44% Boulder Industrial 4,241,452 4,171,185 -1.66°8 662,865 2,662,624 301.68°d, Unlicensed Receipts 264,238 294,512 11.46% 1,897,298 1,822,967 -3.92% County Clerk 0 0 na 223.453 173,250 -22,47"/, Public Utilities 5,006,220 4,376,136 -12.59% 14.513.025 18,586,673 28,()790 Total Sales and Use Tax 70,170,045 66,877,613 -4.69°0 Ts by Mu & ('alcgon, TOTAL CITY SALES AND USE TAX COLLECTIONS %4 Ctlangf in REVENUECATEGORY YEAR JAN t=E6 MAR APR MAY JUN JUL AUG SEP OCT NpV DEC TOTAL Ta><ahIf SAIC RETAIL SALES TAX 2002 4 538 74. 3.903.951 4 958202 4 544 590 4.682.370'. 5.663,454 4 "s81 1`0 4 725.305 5,510 049 4,166.969 4 3'5!,426 272.808 57 725.107 -7 89% 3872 314 . 3,074 .95; 5 055136 4 .993 OE6 4,264 7291 52322.3,316 .6 4 .16. 6110 1 48 ~ 4.663992, 5'7',98' 4,288,2131 4,246,924 5940.'75 54871469 -A 94% r: -Ch73G6' +34'So 1004 4.394'36' 4.170,467, 5,32705- 4.339544 446',055 5,340.5`5 4,333,128 4,749.6581 5.542805 4450,7311 4,510.629 6,602,036. 58229,844 :45% Ra•e 3 4' % 200: 4.255,04!. 4.453,370: • 5332 389 • 4 353 026 4 576.0,64 5.5 35.1961 4,494,079. 5,015.379• 5 550,9:6~ 4 541.790' 4,769 700 [°.L3l.929 59708,E80• 2 54;5 _ I _ 20Gr 4734249 4645436! 5,531,253 4659.458 789 33 6,129.353t6 4.737773 5. 237757 6156056 4950,305I~ 4.367847 785 015. 63049,446 0% Rate Chg 3 41%>3 56% 7007 5 118.353.-- 5 014 6' 5' 6.9' 8 42' 4 965 6,712,841 5,565.371 6,393.C28 6 959.377 5,747.9631 5.695703_ 1.411 484 72 498 S36 934% Rate Ch93.56%>34'% _ % r 5.197,400 5.105 09' 6005.94E _33'.437. 5486.450_ 5572,335 5.508.796 6,258.64C E623.535 5392.779 5255.'55 7443455 70'70045 0355 Ra:e5 4•% 2009 4 9195 73 4,659.632! 5 250.03F 678 5131,444 6,428.343 5,206,77C 5790533 F-093.3'4 5 "'0,323 4,735.769: 7 8"4253 E6 E77 613 Change from prior year (Momnj 5 -873-% 2 e 1 r°. 0" -2 '.9% 5 46.. 7 48% 7 96 71 -3 951,j_ -9 BF,' 4 96°, 5 196 r° u - C.be a tt9m nor year YTO 5 35'1° .02°4. 5 -"j - a 1 4 85` - ng_. P >7 ( ) - •7~ 4 4 6 -5234E 5639• •5475. -5_f 1::. ~ F,9s CONSUMER USE TAX 2002 1;402' 5G5,976: 1 293,800: 783.95E 11, 1 091,7791 808,999 671 088 642 455 767,543 628,9 ti 3 [96 9,627.•,16 27 39% 1 _ 2003 ._7 517.559; &363981 077562 962,785_• 656,799 519164 914869_ 635,455 1,04563:- n :~56 9, r c- .675! Rase. . Cng 726N,341% 2004 95C.229 GES015: 899.453; 742 E92 724,614 -865,974 610.874 9'22401 94'. 728.634 150,9711 1'81,776 1C 2'5625 -139% - - 2005 92 7,887: 567036; 951,065 "..C'E 614 7,"03.592 ',001,048 864.720 7864E5 C94 .30 160 6 Q5% .C30 758937 _ %8467 !246300 '1 - 20016 F~96 E96~-- 7101' '.277,'46 577 964,529. 781.362 695.403 776258 ,054,6951 727.776; '092224 281.`57 .,,637 482 -C 43', Rate Chg 3 4'%,3,56% 20;' 763 650•' °74.006L---?75 178: 686726 733.'96 856.072 9754% 652 50" 923 667 732 463' 716 3'7 57 _25 ?0 359 140 63`.4 RaleChg3.56°6>3 4' _ 2 ry04 01 8C 034_991472' 1. 109,160 669.2'4 736901 1067769 17732,334 596,399 6999'14 988,603 599676 .253 6 /0464043 535° ; 657250; 1.0625871 957,891 53',734 790079 856325 1,299767 989069{_--T{1578 _ 698455 1600.457_ 137497 644% Rate3 41% 2009 909 58 Charge from pno: yea,(MOrlh) 1111,1 3371': 1 ?7845 2594% 1720%~ 11794°k 99'% -2507% _1643%._', 2770% Change from pno, year (YTD) 114% .134 1 1 1?'36 1 03 -8.21 % •5 17/, 5 75`4 d 24'/, . 264 354°io 644% CONSTRUCTION USE TAX 2M2 565.~1y 282.352 44259' i13m'-jl.'e'.606! 195,374 197745 - 2i3 1-~ 67,464 364 06 4181:2 ,._49 - 675,3081 209237- E'.913 _ 292.967 ___.388157 -2194% Ra se CPg326°, 0383 - 4S' 49, ;-26 220,416, 8'.732 204.6:' 430, 2.2299 1.9.26-,• 238459. _ 283087 `n -76 -'.053% Rate 341% I 2005 585 782,540' 287,865 461 876 456,0731 186,408 235.305 282.503 276,247 288 104, 5.4,97° 5 597 6841 83 59'.6 2W6 972 63 331341 420.749 294094 337,237 774,420 352,533: 261409 343.749 559,975 410958 10"8.272 5302000 528% Rte Chg 3 41 %>3 56% 2037 293 078 367 860 1126 293 061 621,413 430,207 1,119,425' 259,226 421 376 286,52 253 590 4 614 7551 13 02 RateCh 3,56%,3.41% - -2008 336.080 Ra.e34t% 2009 944.905, 3472191 748,549 15479 97 327.855 241,649 100.7591 442652. 347,954 217,885 107h- 36175:: 117489821 -1221% 111,907 425026 776.5" 279761 995.132 721,209: 676301 235485 223.169 591,970 1.467,79E 7449176 8398X. Change from poor year(Von[h) 1 186.27% _ -6777%. -4322°4; 7C 74% -1467`.. 311361578527E°S .3232' 1 24398%28449°.' Crzrge fre^r omr year (1731 18E211% 5E 533° [:E ..92`5 44 21 %I 6E 781K ~ E4 7 5n E 51 4"%', 6310% - 83 985f - - TOTAL FOR MONTH d CHANGE FROM PREVIOVS YEAR (MONTH 8 YTD) _ - - 27272 9 ,469.26' 5,035,4491 6,534.394 5394,091 _ 7.936.839 5,385.493 5594 1---E 6 3:6 1•17 5,103.7251 5.11:,93': 7,e: 0.16£_ 7',524 396_ 931% 2603 4774920 4,514,0991 6030093 5209.277 5,466,771 6,870410 5.044 5,74310! 6326."8b, 5.085,1 1 5.585.538 7,389,897 68031774 -068% Rate Cng 326%,341% 2004 5.584 5,171,6331 6.61399! 5572712 5,415065; 6.389,2611 5,348,853: 5,827,4686 ,697. 5.296,647 5,508,059',_ 8.066,899 _71.454448 _047% kite 3.41% 2005 5995,513 _ 5,742,9461 _ 6471,340 583".5'fi 6,13E,529y 7.449,441_5.545.207 6.037'52._ 6927,449) 5,576,974 6026.2711 8.696204 76436545 6.91% 2006 5.6'8.198 5.493.8781 7.235 148 5 530.696 6.184,096; 7.685.1451 _ 5.895.109 6.275 424 7.554 500! 6,238.056 5 091,0301 10 197,01E 79,998 12E 4.52% Rate Chg 3 41%,3 56% 2007 - 6 175.CE'T 5,936 481 1 8,05 615. 6.117.766 6 855.311 8,001,120', 7,66.2_52 7.304,75.1 6,299.4201 6,766,951 6.789.9991 102400M2 88 `62 732 5.737. Rateohg356%,3.41%` 2008 6,345,5'3 6.443,8001 7.863.654 6155,459 6.553,2061 7,881753 6.341.889 7.2976.: 78684231 6,59.3471 5,962.862 9070475 64603070 026% Rzte34'% 6_774,033 5428.7891 7337,_653 6852049 5,942.929 ' 8,214,2941 8.766.304_ 776660. 73'7 887' 6135.0721 6,026,1.91 10_,6824e5 55.464266. 0.92% 1:55 Refunds 220022 -1.154 -2301 3'36 0 -3.239_ -'3.993 •527 -'0222 -'.2'204 -21.,8961.-- -1,548 •100E5 -1912'5- Less Refunds y 200° •34,3307-8,827 _ - -134.798 41,772: 76,3281 •422 .5% -69,164: -3,779 -579, 46,599 X24.272 _ 22004 -1_343_ '10,505_ _ -636 -872 .5963 -151 •1..299, ~.643 344 -27,318 -5,75B4, 33C -63061; - 2005 246 66044' 909 266E -16471 10,080 •3,0621 -4207 -846 1,568 0 .4 7E7 -96051 22006 -40.302 _ 5,272 22 761 363 -S C99 0 _ 0' 7,568 -806 -5.9471 -406 16.773. .105256 7007 0 38291 013 729 .9,_326 14,547 •14,440 -677_ 01 -5,9631 0: _50'5 9100. - 2000 °76• - 0 -46974 -1,409 C-F-- 2.3751 4451 -9493 .'.42 9: 01 -48,521' -500, -112 --23 Less Refunds _ -3335 0; 0 -11-6C2. -692 -967. 3.520 2747 -179,087! -65,331; -26.376 -283770 Adjusted total 2 5468O62 5.035.279' 6,52' 258 5771 '33 5,391,752' 7,922,846 5,384,967 5.503.9"7 6255.7134 5.0618281 5,110,383 7.800,106 71.327 +8' 938% 2003 4.740,591 4,505.272: 6,023015 5.074479 5424.9991 6.794,082'• 5.044,4755,742,505 6257,02.3^ 5,081,B02l 5.584,959 7,334,298: 67607502 _ _5.21% Rate Chg 326%,341% 2004 .`,5934(6 5,161, 52B66 54 5571.8401 5,409,'2'1 6,369,110 5,347,554. 5,822,625 6696.8491 5,271,3291 5,502,301 6,062,569: 71.43-386 '.01% Rdle 3. 41% _ 2005 5995266 5676902' 6470..31 5928852 6 134,8621 7,439,361 5,542,145 _6,032.946 6 926 E03 5.575.3&91 6,026,27 8,E9144E; 763404931 6._87°io _ 2006 4 S.S77896'. 5188.606' 7112,3681 5530333 6178998+ 7685145, 5,9851709 6.267 7553694! 6_232,1101 5,890624 0, 180273 7978363/ 451% Rate Chg3.41%>3 56% _ 2007 6.175,081 : 5.898 '90: _8,003 602, 6 147 075 6.845 9841 7.966.5721 7,645.812 7.304,077 8 299 42-1 1 6.760.988 6.788.999 -0235,$67 _8_8091 0917,31 5 761.6 2008 6 344.536.', 6.443,800: 7,E :6.68C 6,454 050 6 553 206 7 E79.378 6,34',444. 7 1 666.995, 6.590,347 5.914,341: 9,077,975 64 570.947 0 23% Rate341% .1 J E.770,6985,4287891 7.337 653 6.950938 5942.327 8.?13602~ 6)85.337 7.763080 7315.140 5955,985; 5960.960 10.856.109_ 851805.7 072% 'g Qange (momh) 6 72%1. , _ .6 135E E 1 Sr. .932%. 424% 7.0]`1 _ r 521- 7 0'%. -9 63'A. 0 79'1S• 19.59%. • ,.ha'+ae r --C,. 6 4 6C -518-" - »E`: 3 8' -2.2E -C 92 .1 . 55-. f 72=4 Downtown Sales Tax Revenue-22 Peari Street Mall Sales Tax Revenues-26 ax rB L¢ Sib !2E 211 '041 !41 3-1 50 341 341 ter, r31B 526 326 330 3-1 147 _ J< j4- 2000 2001 2002 2003 2004 2005 2006 2007 2006 2009 2000 2001 2002 2003 2004• 2005 2066 2007 2008 2009 January 257.585 286.319 296,222 261.789 303,911 303.211 350.972 346,303 377.789 340.123 January 159,102 146.772 '27,470 117.837 130.222 125 485 149 159 ,36,125 141,061 14 7.586 February 329,325 289,11! 295,828 281,926 295,159 334033 353,475 384.949 394,061 330,622 February 161,372 149,260 127 539 132,592 128,689 146,525 168 115 151,030 153,728 142,804 March 383,212 373,057 359,339 347.345 386,464 405.854 457,91,6 513,361 453,315 406.592 March 202,156 199,'146 154.713 157.720 173,996 181,977 166.606 190,682 184,55E 160.097 April 326,161 323,312 346,652 313.658 322.834 381,409 407.402 429,910 429.364 397,041 April 186,745 163.001 -78,407 148,641 181,100 159,786 2C4,642 180.119 194,104 155.239 May 342.738 349,345 365,342 363.683 369,350 391,843 444,690 490,189 493.179 451.724 May 192.336 186445 '84,220 176,302 186,067 190,862 202.677 205.859 220,400 194,388 June 431,558 408,653 422,082 397.239 434,006 464,057 512.487 556,969 495,496 875,333 June 271,117 22'.285 214.254 193,138 200,903 212.058 221.43C 242.031 237,789 199.585 July 352.084 354,908 351.719 335.260 382,910 406,346 447,533 454,725 470,376 438,489 July 226.768 213,226 186,744 183.416 216,019 228,010 23.650 248.109 248,181 216,150 August 353,261 374,173 382.97' 351.333 389,941 437.412 478,646 500,591 518,890 498.282 August 226,529 211,912 206,208 193,570 206.106 215,701 227,670 239.506 248,123 233.815 September 408,624 396,57E 384.614 352.635 434,834 493,083 51,0,843 567,853 489,202 437.565 September 208.844 192,719 179,262 182.551 192.600 191,167 211.864 221.278 202,972 186,847 October 387,330 350.339 332.168 356.678 389.818 418.157 459,707 478,372 466,288 439.390 October 203.788 165282 150,380 162.789 177,888 189,225 176,159 2111,188 200,059 177,877 November 306,144 354.787 315.649 302.595 318,751 370.726 283,133 416,857 382,`.162 370.084 November 166,904 158,250 160,452 151,473 178,919 173,394 186,045 '85.961 169,230 165,869 December 556,669 442 443 443.505 435,738 507,725 541,253 646,636 565,818 484,305 427,276 December 316,979 ?63.534 240.425 254,519 262,493 252,230 249,890 26.'.,997 241.951 230.464 Totals 4,474,711 4,310,089 4,296,691 4,120.082 4,535,703 4,947.383 5„353,439 5,705,896 5,457,828 5,412,522 Totals 2522 5902.273.232 2,110.074 2,054,148 2,235,004 2,266,427 2,396,107 2,475,095 2,442,154 2,210,722 $ change fmm prior yr • 164,622 13,998 - 176,009 415,621 411,680 406,056 752,457 • 248,068 45,305 Schange tram priory, - - 249,358 - 163,158 - 55,926 160,856 31,423 129.680 78,978 32,932 - 231.431 %Change from pEOryr -37% -C 3% -4.1°0 101% 91% 8.2% 6.6% -03,. -0-8% %changefrom priory, -99% -72% -2.7% 8.8% 14% 57°z, 33% -13% -9.51/6 3year avgchange 27"-i, 19% 5C% 9.1% 8.0% 35% 0.5% 3 year avg change -03-1a 25% 53 35% 26% -25% CAGID Pearl Street Mall Sales Tax Revenue 2000 Sales Tax Revenue 2000 1,000,000 2001 350,000 - - - 2001 1-2002 2002 900,000 I -n 2003 300,000 ' -x-2003 800,000 2004 -+-2004 700,000 250,000 r i-e-2005 +-2005 600,000 2006 ~^s.- ` -2006 - 500,000 -2007 200,000-/~~ Y~y J~ -2007 400,000 - 2008 150,060 -2008 300,000 2009 2009 100,060 200.000 100,000 I 50,000 oaf a<A aNr PQC\ ~a~ JCe J, ~e~ o~et oo~ ~m~ I a6 a6 °r Oo~ o~o~ e~o~ ~a°J efi' a' 30 ) Poi ~eF o~~~ aeF `eF eta a O F 5yQ ~o Oa CAGID and Mall Yearly Summary This chart does not factor change in sales lax rate CAGID and Mall Yearly Summary this chart does not factor change in sales tax ra3e SALES and USE Tax Breakdown by Industry Category SALES Tan Breakdown by Industry Category Eating Apparel Home General Food Eating Apparel Home General Food Stores Places Stores Furnishings Merch All Other Total %change Stores Places Stores Furnishings Merch All Other Total change 2009 $60,702 53,662,530 $877,050 $711.868 $1,953,052 5628,296 $7.893.497 -7.96% 2009 $59,819 $3,622,195 $875,174 $710,594 $1,951,595 $403,863 $7,623,245 -3.50% 1% 46% 11% 9% 25% 8% 100% 1% 48% 11% 9% 26% 5% 100% 2008 $53,956 $3,876,669 $952,169 $337,898 $2282,469 $1,073,446 $8,576,608 -0.79% 2008 $53,433 $3,815,239 3950,225 $334,234 $2,275,609 $471,240 $7,899,981 -3.43% 1% 45% 11% 4% 27% 13% 100% 1% 48% 12% 4% 29% 6% 100% 2007 $95,998 53,930,574 $915,216 $40C,345 $2,392,682 S910,116 $8,644,930 -1.59% 2007 $95,798 $3,879,561 $913,775 $393,603 52,384,296 $513,949 $8,180,981 5.5791. 1% 45`/0 11`Jo 5% 28% 11% 100% 1% 47% 11% 5% 29% 6% 100% 2006 $89,498 $3,649,151 $898,310 $411,471 52,313,444 $1,422,740 58,784,613 14.67% 2006 $89,106 $3.607,336 $897.115 $386,962 $2.295,259 $473,767 $7,749,546 7.41% 1 % 42% 10% 5% 26% 16% 100% 1 % 47% 12% 51/6 30% 6% 100% 2005 $86,454 53,421,618 $881.002 $389,093 $2,167,694 $715,009 $7,660,869 7.81% 2005 $86,019 $3.373.571 $880,079 5381,805 $2,155,216 $338,119 $7.214,809 6.61% 1 % 45% 12% 5% 28% 9% 100% 1 % 47% 12% 5% 30% 5% 100% 2004 $83,887 53,141,620 $904,648 $393.012 S2,089,921 $493,110 $7,106,198 1.35% 2004 $83,374 $3,084,715 $903,711 $390,387 $2,086,655 5218,867 $6,767,708 9,61% 1% 44% 13`/0 6% 29% 7% 100% 1% 46% 13% 6% 31% 3% 100% 2003 $74,145 $2,742,867 $845,180 $389,554 $1,973,549 $986,479 $7.011,574 -2.78% 2003 $72,545 $2,702,412 5840,575 $354,141 $1,964,846 $239,710 $6,174,230 -3.57% 1 % 39% 12% 6% 28% 14% 100% 1 % 44% 14% 6% 32% 4% 10D% 2002 572,607 $2.854,183 $875,150 $464,839 $2,008,573 $936,382 $7,211,734 0.42% 2002 $72,115 52,796,110 5872,641 5436,777 $1,997,807 $227,529 $6,402,980 -2.74% 1% 40% 12% 6% 28% 13% 100% 1% 44% 14% 7% 31% 4% 100% 2001 $76,359 $2.853.126 $972,296 3488.348 $2,064,518 $727,228 $7-181.876 -6.11% 2001 S73248 $2,756,121 $970,925 S486,186 $2,043,123 $253,717 S6,583,320 -5.92% 1 % 40`/0 14% 7% 29% 10% 100% 1 % 42% 15% 7% 31% 4% 100% 2000 $72,675 $2.740,325 $1.157,122 $539,287 $2,156,961 $982,496 $7,648,866 7.74% 2000 $72,499 $2,706,00' 51,154,714 5538,703 $2,141,271 $384,115 $6,997,303 8.35% 1% 36% 15% 7% 28% 13% 1001/. 1%, 39% 17% 8% 31% 5% 100% 1999 $91,976 $2,333,744 $1,179,320 $493,423 $2.066,272 $934,543 $7,099,279 11.62% 1999 $90,777 52,287,116 $1,177,775 $493,467 $2,052.375 $356,398 $6,457,908 9.91% 1 % 33% 17% 7% 29% 13% 100% 1 % 35% 18% 8% 32% 6% 100% 1998 $90,134 $2,150,351 $1,090,860 $438.127 $1,756,311 $834,265 $6.360,047 6.35% 1998 $88.255 52,128,285 $1,086,634 $438,230 $1,743,427 $391,001 $5,875,832 3.72% 1% 34% 17% 7% 28% 13% 100% 2%a 36% 18% 71/6 30% 7% 100% 1997 $99,373 $2,027,812 $788,006 $423.585 $1,944,035 $697,436 $5,980,247 5.54% 1997 $96.013 $1,988,439 $777,595 5422,8.0 $1,917,831 S462,187 55,664,875 421% 2% 34% 13% 7% 33% 12% 100% 2% 35% 14% 71% 34% 8% 100% 1996 $98,564 $1,895,926 5738,435 $436,004 $2,017,401 $479,907 $5,666,237 9.99% 1996 598,211 51,861,887 5736,297 5433,9-7 $1,974,989 $330.772 $5436,073 12.471/. 2% 33% 13% 8% 36% 8% 100% 2% 34% 14% 8% 36% 6% 100% 1995 $92,497 $1,724,770 $588,726 $392,985 $1,731,611 5620,919 $5,151,508 6.89% 1995 $90,727 $1,693,218 5588,494 $389,699 $1,699,384 $371,640 $4,833,162 4.19% 2% 33% 11% 8% 34% 12% 100% 2% 35% 12% 8% 35% 8% 100% 1994 $93,338 $1,518,413 $587,830 $444,251 $1,700,769 $474,921 $4,819,522 1994 592,912 51,503,606 S587,463 $442,029 $1,694,284 $318,724 $4,639,018 2`1', 32 9% 3s°o 1*% 110011. 2% 32% 10111 37% 7% 100 City Wide Yearly Summary CAGIO and Mall Sales and Use Tax as a Percent of Total City Wide Sales and Use Tax Eating Apparel Home General Food Stores Places Stores Furnishings Merch All Other Total 2009 S11,160,109 $10,572,840 $2.626,020 $4,304,383 $17,515,062 $39,002,103 $85,180,517 1% 35% 33% 17% 11% 2% 9.301m 2008 511,204,475 $1C,910,035 $2,819,260 $4,827,635 $18,101,297 $36,708,245 $84,570,947 0% 36% 34% 7% 13% 3% 101% 2007 $11,205.584 $10,888.135 $2,804,311 $5,522,090 $18,040,152 $39.631,459 $88,091,731 1% 36% 33% 7% 13% 2% 9.8% 2006 $10,392,069 $9,582,212 52,424,594 $4,611,056 $15,402,540 537,371,060 $79,783.631 1% 38% 37% 9% 15% 4% 11.0°/ 2005 $10,046,723 $8,995,846 52,362,366 $4,465,788 $14,587,419 $35,882,350 $76,340492 1% 38% 37% 9% 15% 2% 10.0% 2004 $10,148,861 $8,637,718 $2,232.147 $4,118.312 $14,123,007 $32,171,342 $71,431,387 1 % 36% 41 % 10% 15% 2% 9-9% 2003 $9,052,658 $7,847,285 $2,046,951 $3,922,549 $13,185,423 $31,552,637 $67,607,503 1% 35% 41% 10% 15% 3% 104% 2002 $9,294,397 58,133,237 $2,346,305 $4,164,992 $13.572,651 533,815,600 $71,327,182 1% 35% 37% 11% 15% 3% 10.1%, 2001 $9,312,676 $8,384,190 S2,646,021 $4,537,112 $15,553,807 538279,526 $78,713,332 1% 34% 37% 11% 13% 2% 91%0 2000 $9,080,910 58,484.601 $3,159.262 $5,915,794 $17,887,211 $36,269,737 $80,797,515 1% 32% 37% 9% 12% 3% 9.5% 1999 $9,207,721 $7,79C.648 $3,359.914 S5,553,219 $17,008,884 $33,893,706 $76,814,092 1% 30% 35% 9% 12% 3% 92°/ 1998 $8,932,097 $7,469,094 $3,252,729 $3,570,448 $15,736,140 $30,637,104 $69,597,612 1% 29% 34% 12% 11% 3% 9.1°%0 1997 $7,739,779 $6,797,237 $2.781,018 53,129,089 $15,439,169 $28.494,047 $64,380,339 1 % 30% 28% 14% 13% 2% 9.3% 1996 $7,611,055 S6,614,561 $2,782,149 $2,862.572 815,111,950 $26,975,579 561.957,866 1%, 29% 2714 15°!e 13% 2%C V% SACMOI0UHMDPS1drn6BUDGET OJIGEOBYSICxIs Sales and Use Tax Revenues Generated on The Downtown Mail by SIC Code Food Eating Apparel Home Gen. Stores Places Stores Furnish. Merchandise Construction All Others GRAND TOTAL 2007 sales tax rate of 3.56% January 3,619 70,149 18,362 6,163 39,119 295 586 138,293 February 5,221 71,763 19,224 6.618 48,470 1,363 447 153.105 March 5,166 87,823 28,517 8,033 60,235 1,994 2,137 193,905 April 4,750 89.076 26,514 8,148 51,422 109 1.543 181,562 May 3,020 99,498 28,446 9,743 65,314 3,033 609 209.663 June 6,573 104,383 40,477 11,063 79.741 1,582 2,074 245,892 Jul 4,028 109,647 34,779 11,188 83,306 183 6,565 249,697 August 4,178 109.073 36.101 12,445 78.668 7,832 509) 247,788 September 6,178 97,204 37,611 8,707 70.691 134 2,134 222,659 October 4,740 96.424 38.260 10:523 60,598 418 1,194 212,157' November 4,375 76,779 29.105 14.191 63,132 1.807 692 190.081 December 7.719 71.132 40,093 28,963 114,617 200 5.971 268,696 2007 TOTAL 59566 1082951 377491 135786 815311 18951 23443 2,513,499 2008 (sales tax rate of 3.41% January 3.237 68,838 19,765 7,014 42,931 128 575 142.489, February 4,668 72,868 23,413 6,947 44.714 34 1,580 154,225 March 4,844 80,004 33,772 8,262 56,599 84 1,916 185.480 April 3,683 86.681 40,292 8.146 51,233 24 4,759 194,818 May 4,278 96.740 41.463 10.467 61.967 - 5.899 220.814 June 4,537 96,104 48,546 9,347 72,881 5.799 7,889 245,102 July 4,301 108.900 45,642 10,148 75,471 352 4,271 249,086 August 4,335 107,770 51,541 10,788 69,656 106 5,085 249,282 September 4,651 88,611 38,773 8,816 57,032 1,649 6,514 206,045 October 4,329 93.186 42,386 8,482 50,047 3,537 201.967' November 4.257 69,791 31,679 11,609 48,554 92 4,690 170.674 December 6,833 64,458 44,000 24,104 96,249 - 8,938 244.581 2008 TOTAL 53953 1033952 -461273 124130 727334 8268 55654 2,464,564 2009 (sales tax rate of 3.41% January 4,629 68.628 26,151 6,623 36,146 123 6,024 148,324, February 4,658 67,188 27,490 6,634 33.018 - 5.115 144.103 March 2,028 77,043 27,301 7,075 43,950 - 4,720 162,116 April 3,448 75.528 27,060 6.923 39:309 208 3,130 155,608 May 3,899 87,470 37,007 9,495 53,835 3.171 194.875 June 47289 88,013 36;641 9,200 57,418 5,686 201,247 Jul 3,728 98,758 35,017 10.705 65,401 9 3,187 216,806 August 3,720 100.927 51,166 11,537 61,163 9 5.647 234,168 September 3,770 86,308 32,955 10,405 50,144 86.7 21,853 206,302 October 3,649 82,703 34,099 10.849 43,775 - 3,420 178,495 November 2.041 67,449 34.458 13,383 45.412 661 3.749 167,155 December 4,090 64,718 38,779 31,338 86,158 58 7,328 232,469 2009 TOTAL 43948 964734 408124 134170 615727 1934 73029 2,241,668 Change from 2006-2007 -3.37% 5.41% -9,04% -10.56% -3.12% 83.18% 5.32% -0.65% • Change from 2007-2008 -9.42% -4.52% 22.19% -8.58% -10.79% -56.37% 137.39% -1.95% Change from 2008-2009 -18.54% -6.69% -11.52% 8.09% -15.34% -76.61% 31.22% -9,04% % Change from previous year month -40.15% 0.40% -11.86% 30.02% -10.48% #DIV/0! -18.02% -4.95% SAUNIU~UUNMUPS~drmncIjUu -M s Sales Tax Revenues Generated on the Downtown Mall by SIC Code Food Eating Apparel Home Gen. Stores Places Stores Furnish. Merchandise All Others GRAND TOTAL 2007 sales tax rate of 3.56% January 3,606 68.450 18,338 6.163 39.085 481 136,125 February 5,214 71,210 19,219 6.618 48,386 383 151,030 March 5.156 87.441 28,517 8.033 60,156 1,580 190,882 April 4,703 87,907 26,514 8.148 51,321 1,527 180,119 May 3,001 99,031 28,442 9,743 65,228 413 205,859 June 6,562 102,837 40,477 11,063 79,715 1,377 242,031 July 4,012 108,586 34,779 11,188 82,983 6,561 248,109 August 4.166 108,763 36,101 12,445 78.572 (541) 239.506 September 6.174 96,697 37.611 8.707 70,539 1,550 221.278 October 4,738 95,707 38,221 10.523 60.476 522 210.188 November 4,371 76,139 27,776 14,191 62,887 597 185,961 December 7.710 70.302 40,052 28,963 112,628 4,343 263,997 2007 TOTAL 59,412 1,073,070 376,049 135,786 811,975 18,793 2,475,085 2008 sales tax rate of 3.41% January 3,221 67,910 19,463 7,014 42,897 555 141,061 February 4,664 72,646 23,409 6,947 44,655 1,406 153.728 March 4.832 79.716 33,756 8.262 56,540 1,451 184.556 April 3.674 86.248 40,277 8.146 51,076 4,683 194,104 Mav 4,241 96.424 41,463 10.467 61,920 5,885 220,400 June 4,523 95,584 48,538 9,347 72,814 6,982 237.789 JuIV 4,290 108,412 45.637 10,148 75.424 4,271 248,181 August 4,329 107,334 51.540 10.788 69,582 4.551 248,123 September 4,650 88,425 38,772 8,816 56.826 5,483 202,972 October 4,325 92,890 41,033 8.482 49,799 3,531 200,059 November 3:870 69,545 31.512 11,609 48,342 4.352 169,243 December 6,816 64,183 43,934 24,104 94,958 7,957 241,951 2008 TOTAL 53,433 1,029,317 459,335 124,130 724,833 51,106 2,442,166 2009 sales tax rate of 3.410/6 Januarv 4,623 68,200 26.029 6.623 36,090 6,021 147,586 February 4,556 66,992 26,718 6,634 32,970 4,934 142,804 March 1,998 76,675 27,261 7,075 43,881 3,207 160,097 April 3,442 75,481 27,060 6.923 39,203 3,130 155,239 Mav 3.892 87,092 36,974 9.495 53,764 3,171 194,388 June 4,089 87,800 36,608 9200 ,57,366 4,522 199,585 Jul 3,726 98,159 34,986 10,705 65,387 3,187 216,150 Au ust 3,719 100,650 51,134 11,537 61,129 5,647 233,815 September 3.706 85,732 32.941 10.405 49,957 4,107 186,847 October 3,417 82,456 33,993 10.849 43,741 3,420 177,877 November 1.912 67.269 34,432 13,383 45,233 3,639 165.869 December 3.987 64.337 38,738 31,316 85,956 6.129 230,464 2009 TOTAL 43,066, 960,843 406,874 134,148 614,676 51,116 2,210,722 Total % Change from 2006-2007 -3.02% 5.11% -9.12% -10.56% -3.38% 41.22% -1.17% Total % Change from 2007-2008 -10.06% -4.08% 22.15% -8.58% -10.73% 171.94% -1.33°/, Total % Change from 2008-2009 -19.40% -6.65% -11.42% 8.07% -15.20% 0.02% -9.48% % Change from previous year month -41.51% 0.24% -11.83% 29.92% -9.48% -22.97% -4.75% S:\CMO\DUHMDPS\dmc\BUDGET DJ\GEOBYSIC.xIs Sales and Use Tax Revenues Generated in CAGID (Excluding the Mall) by SIC Code I Food Apparel Home Gen. Auto. GRAND Stores Eating Places Stores Furnish. Merchandise Transport. Transport. Construction All Others TOTAL 2007 sales tax rate of 3.56% January 5,090 181,229 33,280 16,622 86,653 2.778 6,447 27,486 359,585 Februa 2.407 212,510 39.787 19,854 92.945 936 29,294 M960 418,693 March 3.133 240.768 46,523 27,318 128.900 2.416 1.130 22.914 76.528 549,630 April 3,233 243,278 38.478 22434 99,337 1:090 19.031 25,819 452,699 May 3,499 259,488 54,515 20,409 128,849 - 1,447 4,463 34,141 506,812 June 3.384 253,428 44,128 22,062 175,731 1,871 1,471 17.713 82,246 602.033 Jul 3,623 235.228 32,673 17,429 136.347 1.607 16,828 34,182 477,416 August 3.654 245.978 59.580 22.570 139.348 1.584 7.171 39.132 519,018 September 3.318 293.134 51.099 21.111 148.666 1,701 1.673 26,026 71,915 618.643 Ortnher 3.415 246.789 51,431 23,718 125,270 1.550 - 3.041 42,590 497,803 November 1,679 208.898 36.336 20,733 124,829 3.548 2.172 30.440 428,635 December - 226.696 45,897 30,299 190,493 2,028 1.695 7.041 191.616 699,966 2007 TOTAL 36,432 2,847,623 537,726 264,559 1,577,370 9,566 18,959 162,142 677,055 6.131,431 2008 sales tax rate of 3.41% January - 198,134 32.879 14,171 108,222 1,595 129,421 35.138 519,559 February 211.874 30,859 15,284 104,381 - 1,762 3.537 26.290 393,986 March - 269.817 32,883 18,371 111,942 20 1.768 966 102,683 538.450 April - 232.73n 43,RRP 18.329 111.480 - 2.134 4,479 34.515 447.555 May 269.792 43,082 18.540 134,456 2.374 122.754 56.466 647.463 June 24L620 41,436 19.780 149,845 569 2,280 4.241 66.699 526,469 Jul 253,430 37,628 16,098 137,465 - 2.572 2,991 37,700 487,885 August - 276.231 51.681 16.480 147.565 - 2.580 3,946 30,605 529.090 September 3 232,957 49,125 19.999 142,124 31 2.281 27.467 57,58 A 531.575 October - 249.214 49,037 18,487 126.411 - 2.281 4.827 36,392 486,650 November - 198.512 36.025 15.279 111,392 1.840 2.180 27.361 392,587 December 208.407 42,374 22,951 169.853 37 1.797 71.576 93,781 610.777 :2008 TOTAL 3 2,842,717 490,896 213.769 1.555,135 1 657 25,263 378,385 605,219 6.112,045 :2009 sales tax rate of 3.41% January - 195,412 26,985 12,380 86,334 1,918 6.251 29,423 358,302 februarv 187.371 26,631 12,105 87,359 - 1.854 692 24,013 340,026 March - 222,082 32,036 16.033 104,764 30 2,144 19,098 46,481 442.669 ,April 218.654 40.618 13,262 106.054 2,083 6:608 29,124 416.402 May 244,366 44.720 11,505 128.336 - 2,404 2,349 28.616 462295 June - 244.478 40,871 423,243 125.373 22 2.280 3,802 56.820 896.890 July 713 244,995 39.957 11,320 114.057 - 2.490 1.079 30,171 444,783 August 381 267,7nn 41,266 12,610 152.920 2.526 1,911 30,390 509.705 September 322 223.318 42,346 15,204 121,870 9 2,349 3,542 47.653 456.612 October 248,465 42,645 12.092 114,448 - 2,039 28.709 31.580 479.978 November - 180.382 48.240 13.297 113,390 1.868 354 18.112 375.643 December 15,337 220,571 42,612 24.647 82.421 53 1,812 1,789 79,284 468.525 2009 TOTAL 16,753 2,697,796 468.926 577,698 11,337,324 1 115 25.767 76,184 451,267 5,651,829 Change from 2006-2007 14.60% 2.35% 2.85% -4.75% 0-23% 380.35% -5.80% -65.58% -29.43% -7.67% Change from 2007-2008 -99.99% -0.17% -8.71% -19.20% -1.41% -93.13% 33.25% 133.37% -10.61% -0-32% • Change from 2008-2009 531751% -5.10% -4.48% 170.24% -14.01% -82.50% 1.99% -79.87% -25.44% -7.53% % Change from previous year month #DIV/O! 5-84% 0.56% 7.39% -51.47% 42.08% 0.80% -97.50% -15.46% -23.29% S:1CM01DUHMDPSWrnc1BUDGET DJIGEOBYSIC.xls Sales Tax Revenues Generated in CAG1D (Excluding the Mail) by SIC Code Apparel Nome Gen. Auto. GRAND Food Stores Eatin Places Stores Furnish. Merchandise Transport. Construction All Others TOTAL 2007 (sales tax rate of 3.56%) January 5,088 178,895 33.280 16,344 86,650 2,479 23.567 346.303 February 2.407 210,151 39.787 19,493 92,533 927 19.650 384.949 March 3.117 237.860 46.523 25,1021 128,816 3.533 7.220 61.189 513,361 April 3,230 240,593 38.478 22,121 99,186 1,090 1,252 23.960 429,910 May 3.491 253.580 54.515 19,907 127,980 1.367 29.347 490.189 June 3,380 249.813 44.128 20,60211 175,009 3.329 1.166 59.542 556,969 Jul 3.619 232,214 32,673 17,078 135,947 1,607 - 31.587 454,725 August 3.650 243,559 59,580 22,308 139.013 1.584 30.897 500.591 September 3,314 290,527 51.099 21.051 148.264 3,360 701 49.536 567,853 October 3,411 239,006 51,431 23,520 125.210 1.550 - 34,244 478,372 Novemne, 1,679 206.206 36.336 20.569 124.517 3,005 - 24,547 416,857 Decemee• 224,085 49.897 29,721 189.197 3,586 552 68,780 565,818 2007 TOTAL 36.386 2,806,490 537,726 257,817 1.572,322 1 27.418 10.892 456,846 5.705,896 2008 (sales tax rate of 3.41 January 195,735 32,879 14.001 107.150 1.595 16 26,413 377.788 February 209,003 30,859 15,271 103,655 1,762 1,138 32.374 394,061 March 245,349 32,883 17.680 111.200 1,773 584 43.847 453,315 April 230,156 43,888 18.233 111.374 2,134 - 23.579 429,364 May 267,160 43,076 17,708 134,431 2,374 28,431 493.179 June 238.548 41,436 19,669 148,669 2.836 15 47.326 498,498 July 249.411 37.628 16,088 137.292 2.572 27.385 470.376 August 273,741 51,681 15.972 147,552 2,580 27.365 518.691 September 229.980 49,125 19,747 142,013 2,302 72 45.964 489,202 October 245.020 49,037 18.007 126.311 2,281 25.632 466,288 Nnvember - 196,079 36,025 15,076 111,384 1,840 - 22,158 382,562 DecerTker 205,742 42,374 22.654 169.745 1.818 78 41.893 484,305 2008 TOTAL 2,785,923 490,890 210.105 1,550,776 25,866 1,904 392,365 5,457,828 2D09 (sales lax rate of 3.41 January 192,959 26,985 12.196 86.332 1.918 259 19,475 340,123 February 185,082 26,631 11.971 87,438 1854 - 17,646 330,622 March 219,334 32,036 15.555 104,691 2.139 13 32.825 406,592 April 215 919 40,618 13.153 106.020 2.083 19.249 397.041 May 240 431 44,720 11.492 128.326 2.404 24.352 451.724 ,lung 239 795 40,871 423,174 125.339 2.266 4 43,884 875.333 July 713 242.453 39,957 11,261 114.049 2.490 27.565 438,488 August 381 2263.991 41,266 12,597 152,894 2,526 - 24.627 498,282 September 322 221.251 41,879 15,152 121,752 2339 28 34.843 437.565 October - 243,779 42.486 12.092 114.313 2.039 24.683 439.390 November 178,444 48,240 13.241 113,378 1,868 - 14.914 370,084 December 15,337 217,915 42,612 24,568 82,390 1,799 56 42.600 427,276 2009 TOTAL 16,753 2,661,352 466,300 576,450 1.336.9191 1 25.726 360 326.662 5.412.522 Total % Change from 2006-2007 14.55% 2.241A 2.85% 2.24%1 1.06% 94.94% 403.55% -1.77% 2.09% Total % Change from 2007-2008 -100.00% -0.73% -8.71% -18-51% -1.37% -5.66% -82.52% -14.11% -4,35% Total % Change from 2008-2009 #DIV10! -4.47% -4.60% 174.36% -13.79% -0.54% -81.07% -16.75% -0.83% % Change from previous year month #OIV10! 5.92% 0.56% 8.45% -51.46% -1.07% -27.92% 1.69% -11.78% S'\CM01.DUHMDPSICm6BUDGET DJIGEOBYSIC As