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Sales & Use Tax Revenue Report October 2010 City of Boulder Sales & Use Tax Revenue Report October, 2010 Issued December 14, 2010 4 This report provides information and analysis related to sales and use tax collections for fiscal year 2010. Results are for actual sales activity through the month of October, 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 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 2010 over the same time period in 2009. As reflected in Table 1, Total sales and use tax has increased from the 2009 base by 3.66%. For 2010 budget purposes, the most current City forecast is a 2.75% decrease from 2009 sales and use tax levels. The original forecast projected an increase in retail sales tax of 3.00% and a 22.7% decrease in construction and business use tax activity. Construction use tax collections have run higher than projected due to major projects at Colorado University and the Federal Labs that have generated nearly $4.0 million. Without these major construction projects total collections of sales and use tax would be very close to the decrease of 2.75% that was originally projected. Most of the projects have been completed or will be close to completion by the end of 2010 and it is not projected that projects of such magnitude will reoccur in 2011. TABLE 1 ACTUAL REVENUE % CHANGE IN TAX CATEGORY REVENUE % OF TOTAL Increase/(Dec case) Sales Tax 6.43% 81.59% Business/Consumer Use Tax 19.70°/x) 8.35% Construction Use Tax 4.14% 7.92% Motor Vehicle Use Tax 14.75% 2.39% Refunds (11.21%) (0.24%) Total Sales & Use Tax 3.66% 100.00% ANALYSIS OF RESULTS VERSUS PROJECTIONS This is the time of year when enough information is available to begin to identify trends. Although we are very pleased with total YTD revenue, further analysis is not quite as positive for the future. • Retail Sales Tax - Although total retail receipts are up by 6.43%, a significant portion of this increase is due to increases in natural gas and electric utilities (up 16.32%) which probably cannot continue to increase at this pace. Further, even if employment continues to slowly increase, there appears to have been permanent changes in cons,~mer spending habits and we can't expect retail sales to simply bounce back from pre-recession levels. • Business Use Tax - This category continues to lag significantly behind projections. It is expected this category will end the year down by approximately $2 million. Original projections were this category would be down approximately $670,000 for 2010 when compared to 2009. Fortunately it has been offset by increases in other use tax categories that will be covered later in this report. There is no clear indication that numerous businesses are investing in capital or expansion. The August 2010 Boulder Economic Council, "Economic Profile" states ninety-six of the employers in the City of Boulder have fewer than 50 employees. Based on financial data that continues to find that small businesses remain challenged to find financing it is understandable that this category is down. • Construction Use Tax - This is another categoiy: that is experiencing short-term increases that will probably not continue into the future. During both 2009 and 2010, we received approximately $4 million per year in Construction Use Taxes from large construction projects. Many of the projects were built at the University of Colorado. The current CU Capital Projects Plan goes from ten large projects beginning in 2009 and 2010 to two projects in 2011 with yet to be determined funding and construction dates. While there will continue to be large projects in the city, we expect the level to decrease significantly in the foreseeable future. • Motor Vehicle Use Tax (up by 14.75%) - 2010 numbers look so strong only because 2009 was such a dismal year in this category. In fact, after experiencing very strong increases in the first eight months of the year, we were down by 13.36% in the month of September and up only 2.42% for the month of October. RETAIL SALES TAX ]Retail Sales Tax - As anticipated, retail activity in the City of Boulder has improved significantly from that experienced in 2009, evidencing an October YTD increase of 6.43% (excluding large increases in natural gas and electric sales, up by 5.84%). This report will provide monthly data by category to help identify trends. Jan Feb Mar Apr May Jun Jul Aug P12'51/, Oct 5.93% 1 4.74% 1 6.81% 7.6% 6.06% 2.64% 9.33% Food Stores - Retail sales,tax revenue is up by 1.23% October YTD. The large swings in February and April and the decrease in October are due to timing differences in the two years. Jan Feb Mar Apr Mav Jun Jul Aurr Sep Oct 6.54% 22.84% 1.15% -16.65% 3.71% 5.10% 1.88% 1.36% 2.31% 11 (8.91%) Sales at Eating Places are both an important revenue source (Eating Places comprise about 13% of sales/use tax) and are a significant indicator of the health of the economy in the city. This discretionary category is correlated with unemployment (disposable income) and consumer confidence. Tax at Eating Places is up by 3.82% YTD. Jan Feb Mar Apr May Jun Jul Aug Se Oct 0.11% 1.82% 0.86% 8.48% 2.33% 1.64% 4.92% 5.154% 2.13% 8.37% Apparel Store sales were strong for the month of October and are up by 2.11% YTD. Jan Feb Mar Apr Mav Jun Jul Aug Sep Oct (6.57%) 2.941, 0.88% 0.8L% -U.70% 2.82% 5.21% 1.48% -3.22% 17.08% General Retail is up by 7.67% Y'rD. Some of the variation between January and February is due to a late payment by a telecommunications provider (both Jan and Feb payments received in February). Some of the variations in August/September are due to timing. Jan Feb Mar A r May Jun Jul Aug I Se Oct (5.26% 8.69% 0.11% 10.06% 8.27% 3.78% 8.21% -0.85% 14.18% 7.01% Utilities (primarily natural gas and electricity) have traditionally been a very stable underpinning for the sales tax revenue base. 2009 tax revenue was down significantly but this tax source has improved significantly in 2010, increasing by 16.32% October YTD. The average retail price of electricity charged by Xcel to Colorado retail customers rose 15% between 2009 and 2010. Jan Feb Mar Apr May Jun Jul Aug Se Oct 2.21% 16.27% 26.25% 16.95% 15.17% 31.01% 30.26% 21.09% 12.87°/u 1.490/. Results in the Computer Related Business retail category increased by 8.07% YTD. BUSINESS/CONSUMER USE TAX Business/Consumer Use Tax - This category tends to be volatile in nature and the short-term results cio not necessarily reflect trends. The fact that it is down by 19.70% does not yet reflect a hoped-for improvement in the business sector. Another factor that could negatively impact this tax source would be a change in the mix of manufacturing and service components of the business sector. Manufacturing industries tend to generate higher use tax than industries providing services to customers. Conversely, service industries tend to generate more jobs than manufacturing. CONSTRUCTION USE TAX Construction Use Tax - This category is up YTD by 4.14%. Both 2009 and YTD 2010 have included many large projects (CU, government and private sector), the scope of which are not expected to be duplicated in the future. MOTOR VEHICLE USE TAX Motor Vehicle Use Tax continues the positive trend begun late in 2009, increasing by 14.75%. Early in 2009, the numbers were so negative that they are not difficult to beat with the level of pent up demand that developed. These positive numbers may be more difficult to maintain as the year progresses and the comparative numbers are stronger. YTD Motor Vehicle Use Tax revenue has changed as follows: Jan Feb Mar Apr May Jun Jul Aug Sep Oct 14.75% 15.04% 37.24% 19.29% 21.27% 1.94% 53.97% 21.59%, -13.36% 2.42% Significant increases / decreases by tax category are summarized in Table 2. Although not true in every case, in general, many of the consumer driven categories are improving while the business related categories remain flat to negative. TABLE 2 YTD RETAIL SALES TAX Change in Comparable Collections STRENGTHS: WEAKNESSES: ■ Downtown up by 0.29% Univ of Colorado down by 4.07% • Food Stores are up by 1.23% ■ The Meadows down by 10.75% ■ Eating Places are up by 3.82% ■ Gunbarrel Commercial down by 0.37% Apparel Stores up by 2.11 % ■ Home Furnishings up by 1.17% ■ General Retail up by 7.67% ■ Transportation/Utilities up by 10.24% ■ Automotive Trade up by 4.82% ■ Building Materials Retail up by 4.36% ■ Consumer Electronics up by 9.63% • Computer Related Business up by 8.07% ■ UHGID ("the hill") up by 3.76% ■ N. 28`h St. Commercial up by 1.74% ■ Basemar up by 22.45% ■ BVRC (exel 29`h St) up by 2.07% ■ TwentyNinth St up by 9.21% able Mesa up by 2.28% ■ All Other Boulder up by 3.53% ■ Metro Denver up by 9.57% Gunbarrel Industrial up by 47.24% ■ Out of State up by 15.44% ■ Pearl Street Mall up by 5.05°/% ■ Boulder Industrial up by 7.64% YTD USE TAX Change in Com arable Collections STRENGTHS: WEAKNESSES ■ Motor Vehicle Use Tax up by 14.75% Computer Related Business Use Tax is down by • Construction Use Tax up by 4.14% 43.96% OTHER TAXES ■ Accommodations Tax is up by 6.39%. ' Admissions Tax is down by 1.27% S. PROJECTIONS FOR THE FUTURE 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. Colorado's economy appears to be slowly recovering from the recession. 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. Jobs are obviously the basis for the disposable income that underlies much of our tax base. Uncertainty regarding the fiiture has resulted in consumers using disposable income to save or reduce debt rattier than for consumption. On a national level, The Conference Board Consumer Confidence Indexg improved again in November. The Conference Board Consumer Confidence Index, which had improved in October, increased further in November. The Index now stands at 54.1 (1985=100), up from 49.9 in October. The According to December 6, 2010 article in the Boulder Daily Camera, the Colorado economy is expected to experience slow, steady growth in 2011. Richard Wobbekind, an economist with the University of Colorado, projects the state will see "slow, steady" growth in 2011. Colorado will add 10,100 jobs in 2011, a year that should consist of "slow, steady growth," according to the 46th annual economic outlook report released Monday by the University of Colorado. Most sectors of the state's economy should see increases, with the professional and business services area leading the pack with a projected 7,000 new hires, economist Richard Wobbekind, of CU's Leeds School of Business, said in the Colorado Business Economic Outlook report. However, the construction, manufacturing, information and government sectors should continue to lose jobs. The growth could be more pronounced in Boulder County, an area highlighted by CU economists as continuing to outperform the state and nation. (emphasis added) While modest compared with pre-recession years, the projected job growth for Colorado would be a positive for a state that saw the drain of 140,000 jobs during 2009 and 2010, Wobbekind said in a statement accompanying the report. "All the job growth in these sectors is still subpar in historical context," he said. "It will not be enough to bring down the unemployment rate in any meaningful way or to create great momentum in the state economy, but at least it is moving in the right direction. "It is just moving at a slower pace than we would like." The longer-than-expected recovery is the result of the nation and state being waylaid by a financial recession, as opposed to a "real economy" recession, Wobbekind said. "The financial markets exploded, bubbles burst and we went into a deep downturn that was not just the real economy housing and jobs but also the financial economy," he said. The finance sector needs to "get healthy" and pick up lending activity in order to help better the economy, he added. Extreme caution among the business sector has hindered hiring, he said. "We've seen tremendous investment in capital in the economy in the last year and a half," he said. "Companies are buying r• machines as opposed to hiring people. In the long run, this is great for the U.S. economy, but in the short term, it is very painful in terms of unemployment rates." Colorado had an 8.4 percent unemployment rate in October. The state lost 12,600 jobs from October 2009 to the same month in 2010, according to the Colorado Department of Labor and Employment. An article titled "Frugality Persists as Economy Recovers" in the November 7, 2010 Daily Camera discusses shopper patterns: Now the recession is over, at least technically, and the economy is growing again, at least a little. But many changes in spending habits that most Americans first saw as temporary have taken hold, perhaps for good, some economists say. Consumers are taking a surgical approach to shopping, buying only what they need, when they need it. Pantries are no longer filled with weeks' worth of food, nor closets with clothes bought seasons in advance. The new patterns of spending represent a radical turn from the boom years of the last decade. Americans up and down the income ladder piled on credit-card debt and used their homes as ATMs by taking out home-equity loans to pay for third cars, clothes and far-flung vacations. "We saw a period of consumption that was unusual and unstable," says Jarrett Paschel, vice president of strategy and innovation at the Hartman Group, a consumer research firm..." Tempered spending by Americans of most income levels means the economic recovery is having a harder time gaining steam. Changes are expected at one of Boulder's larger employers. According to the November 17, 2010 Boulder County Business Report, Roche is trying to sell its Boulder plant. Swiss pharmaceutical company Roche plans to sell its Boulder plant as part of cost-cutting measures to save 2.4 billion Swiss francs ($2.4 billion) by 2012, the company said Wednesday. About 280 workers at the Roche Colorado Corp. plant, 2075 N. 55th St., make AIDS medications and bulk pharmaceuticals. The company focuses on peptides, which are used to treat a variety of diseases, including various cancers. "Our expectation is that we will continue to build on our strong record of achievement in the peptide arena both in technical development and manufacturing, and whoever buys us would have a long-term relationship with Roche," said John Tayer, a Roche Colorado spokesman. Potential buyers appear to be interested in Rocbc's specialized peptides production, said Frances Draper, executive director of the Boulder Economic Council. Roche may sell the facility and then get the peptide production it needs through contract work, Draper said. An article in the October 1, 2020 Boulder County Business Report discusses a contraction in Colorado business leaders' confidence: BOULDER - After two consecutive quarters of growing optimism about the state economy, Colorado business leaders' confidence contracted going into the fourth quarter, according to the most recent quarterly Leeds Business Confidence Index, or LBCI, released Friday by the University of Colorado at Boulder Leeds School of Business. For fourth quarter 2010, the index posted a reading of 48.6, down from 54.8 last quarter. Business leaders remained optimistic about industry sales, but expectations for profits, employment, capital expenditures and state economic growth were down from last quarter, hovering close to 50. While business leaders continue to believe Colorado will outperform the country in economic growth, the index pointed to declines in growtli`'expectations for both the state and national economies, according to Leeds School economist and Business Research Division Director Richard Wobbekind, who conducts the quarterly survey. "Overall business leaders are saying that they still believe Colorado is doing better than the nation as a whole from their perspective, but that isn't leading to the kind of results that we would hope for, which is more hiring and more investment in capital," Wobbekind said. Instead, most businesses are taking a wait-and-see approach. "Business leaders told us they are following two indicators very closely - hiring numbers and consumer confidence," Wobbekind said. "They are waiting to see job numbers and consumer confidence increase before their confidence increases. We couldn't agree more, we want to see those numbers pick up, and once they do, we think that will engage the larger economy." Hiring and capital expenditures had indexes of 48.7 and 49.0 respectively, down from 53.3 and 53.7 last quarter. Business leaders' sales expectations for the fourth quarter decreased to 52.8 from 59.4 in the third quarter, and their profit expectations decreased from 56.6 last quarter to 49.8. While the index numbers are down from last quarter, they are still close to 50, Wobbekind said. "These members do not suggest that we're going into a double-dip recession, they're just saying that the economy, while growing, is below potential," Wobbekind said. "However, we see a lot of strong underpinnings in place that point to bead things to come in the first or second quarter of 2011." This report will be updated and will be available on approximately the tenth business day of each month. 0(1'013E~R Y'1 'L) Actual Total Net Sales/Use Tax Receipts by Tax Category 2014 2010 gril Ch.ulve urTntat Sales Tax 54,327,615 57,818,739 6.431% 81.59% Business Use Tax 7,365,690 5,914,866 -19.70°/o 8.35% Construction Use Tax 5,389,408 5,612,426 4.14% 7.92% Motor vehicle 1,472,898 1,690,146 14.75% 2.39% Refunds -192,062 -170,540 -1121% -0.24% Total Sales and Use Tax 68,363,549 70,865,637 3.66% 100.00% r OCTORL11 YTD Aclual Total Net Sales/Use Tax Receipts by Industry Type 2009 2(5l0 "/)Change % al Total Food Stores 8,954,274 9,029,999 0.85% 12.74% Eating Places 8,895,648 9,162,288 3.00% 12.93% Apparel Stores 2,097,916 2,172,486 3.55% 3.07% Home Furnishings 2,003,127 2,016,961 0.69% 2.85% General Retail 14,065,186 15,397,202 9.47% 21.73% Transportation/Utilitics 6,012,560 6,218,315 3.42% 8.77% Automotive Trade 4,041,177 4,383,136 8,46% 6.19% Building Material-Retail 2,367,860 2,470,990 4.36% 3.49% Construction Use Tax 4,005,414 5,208,574 30.04% 7.35% Construction Sales Tax 274,592 358,674 30.62% 0.51% Consumer Electronics 1,433,413 1,452,004 1.30% 2.05% Computer Related Business Sector 4,598,563 3,727,677 -18.94% 5.260r'o All Other 9,805,880 9,437,872 -3,75% 13.32% Refunds -192,062 -170,540 -11.21% -0.24% Total Sales and Use Tax 68,363,549 70,865,637 3.66% 10000% 0(70DER YTD Actual Total Net Sales/Use Tax Receipts by Gtugruphic Area 2009 2014 C liallga of"I'ouil North Broadway 939,419 1,031,547 9.81% 1.46"/ Downtown 4,807,599 407,032 -0.01% 678% Downtown Extension 448,260 386,855 -13.70% 0.55% UIIGID (the "hill") 901,865 943,461 4.61% 1.33% East Downtown 454,90.; 463,400 1,85% 0.65% N. 28th St. Commercial 3,573,6f0 3,765,279 5.36% 5.31% N. Broadway Annex 383,302 381,609 -0.44% 0.54% University of Colorado 931,315 903,205 -3.02% 1.27% Basemar 1,148,091 1,383,340 20.49% 1.95% BVRC-Boulder Valley Regional Center 13,545,615 13,343,315 -1.49% 18.83% 29th Street 4,918,040 5,315,926 8.09% 7.50% Table Mesa 1,797,396 1,845,489 2.68% 2.60% The Meadows 828,079 726,532 -12.26% 1,03% All Other Boulder 3,523,374 3,257,456 -7.55% 4.60% Boulder County 736,573 945,230 28.33% 1.33% Metro Denver 3,495,100 5,259,343 50.48% 7.42% Colorado All Other 252,324 172,878 -31.49% 0.24% Out of Stag. 6,942,225 7,134,063 2.76% 10.07% Airport 21,825 13,008 -40.40% 0.02% Gunbarrel Industrial 3,580,058 3,484,572 -2,67% 4.92% Gunbarrel Commercial 809,583 807,891 -0.21`%u 1.14% Pearl Street Mall 1,842,044 1,941582 5,40% 2.74% Boulder Industrial 5,815,854 5,939,195 2.12% 8.38% Unlicensed Receipts 1,677,201 948,106 -43.47% 1.34% County Clerk 1,472,898 1,690,146 14.75% 2.39% PublicUtililies 3,708,996 4,145,715 11.77% 5.85% Refunds -192,062 -170.540 -11.21% -0.24% Total Sales and Use Tax 68,363,549 70,865,637 3,(*% 100.00110 _77051?R Y'1 o ,wual Change in Miscellaneous Tax Statistics 2009 20111 TaRable S ales Total Food Service Tax 407,743 422,133 3.53.; Accommodations Tax 2,729,372 2,903,716 6.39% Admissions Tax 468,862 462,896 -1.27% License Fees 21.125 26,600 25.92% Trash Tax 1,270,866 1,732,016 36.29% USE SALES COMPARISON OF YEAR-1'O-DATE ACTUAL REVENUE FOR THE YEAR 2010 TO COMPARABLE PERIOD IN 201 USE TAX BY CATEGORY SALES TAX BY CATEGORY OCTOBER YTO Attu'a# OC `I'O13ER WD Actual €h)9 2W) Standard Industrial Code Jul) ~ 118,941 85,766 -27.89% Food Stores 8,835,334 8,944,234 1.23% 143,951 76,371 -46.95% Eating Places 8,751,698 9,085,917 3.82% 16,062 46,715 190.8511 Apparel Stores 2,081,854 2,125,770 2.11% 25,310 16,065 -36.53% llome Furnishings 1,977,816 2,000,897 1.17% 1,143,008 1,484,341 29.86% General Retail 12,922,178 13,912,861 7.67% 616,367 269,623 -56.26% "transportation/Utilit+~, 5,396,193 5,948,691 10.24% 1,488,424 1,707,282 14.70% Automotive Trade 2,552,753 2,675,853 4.82% 9,457 9,808 172% Building Material-Retail 2,358,403 2,461,181 4.36% 4,005,414 5,208,574 30.04% Construction Use Tax 0 0 na 0 0 na Construction Sales Tax 274,592 358,674 30.62% 204,626 104,864 -48.75% Consumer Electronics 1,228,787 1,347,140 9.63% 2,387,092 1,337,671 -43.96% Computer Related Business 2,211,472 2,390,006 8.07% 4,069,345 2,870,357 -29.46% All Other 5,736,535 6,567,515 14.49% 14,227,996 13,217,438 -7.10% Total Sales and Use Tax 54,327,615 57,818,739 6.43°/0 USE TAX BY CATEGORY SALES TAX BY CATEGORY OCTOBER YTU Actual: 0[".`1'0[3 R Y'T I) A4tual'. f010:. "/n harige Geographic Code 26) 2{11(1 'ra C`han~ c 40,087 45,588 13.72% North Broadway 899,332 985,959 9.63% 192,437 178,710 -7.13% Downtown 4,615,162 4,628,322 0.29% 14,337 49,545 245.57% Downtown Extension 433,923 337,311 -22,26% 10,353 18,406 77.79% UHGID (the "hill") 891,513 925,055 3.76% 52,124 33,561 -35.61% East Downtown 402,841 429,839 6.70% 84,620 215,446 154.60% N. 28th St. Commercial 3,488,990 3,549,833 1,74% 24,466 17,935 -26.69% N. Broadway Annex 358,837 363,674 135% 22,092 31,033 40.47% University of Colorado 909,223 872,173 -4.07% 48,491 36,906 -23.89% Basemar 1,099,600 1,346,434 22.45% 752,143 284,639 -62.16% BVRC 12,793,472 13,058,676 2.07% 117,903 73,519 -37.64% 29th Street 4,800,137 5,242,407 9.21% 15,793 23,224 47.05% Table Mesa 1,781,604 1,822,265 128% 27,105 11,650 -57.02% The Meadows 800,974 714,882 -10.75% 1,713,656 1,383,813 -19.25% All Other Boulder 1,809,718 1,873,643 3.53% 117,428 309,978 163.97% Boulder County 619,145 635,252 2.60% 1,421,043 2,986,723 110.18% Metro Denver 2,074,056 2,272,620 9.57% 151,213 46,316 -69.37% Colorado All Other 101,112 126,563 25.17% 1,068,033 352,706 -66,98% Out of State 5,874,193 6,781,357 15.44% 10,381 740 -92.87% Airport 11,444 12,268 7.20% 2,871,028 2,440,575 -14.99% Gunbarrellndustrial 709,029 1,043,998 47.24% 4,273 5,558 30.10% Gunbarrel Commercial 805,310 802,333 -0.37% 27,655 35,575 28.64% Pearl Street Mall 1,814,389 1,906,007 5.05% 2,384,329 2,245,668 -5.82% Boulder Industrial 3,431,524 3,693,527 7,64% 1,440,393 545,059 -62.16% Unlicensed Receipts 236,809 403,048 70.20% 1,472,898 1,690,146 14.75% County Clerk 0 0 na 143,717 154,421 7.45% Public Utilities 3,565,279 3,991,295 11.95% 14,227,996 13,217,438 -7.10% Total Sales and Use Tax 54,327,615 57,818,739 6.43% Tax by Mu & Category TOTAL CITY SALES AND USE TAX COLLECTIONS Chaug¢in REVENUE CATEGORY I YEAR JAN F® MAR APR 4A:r JUN JUl AUG FSO' OCT NDV DEC TOTAL Ta><aULc SaI R'TAIL SALES TAX 2003 5,872.314_ 3.874955. 5 055."36', 4,093.068 4264,72 _ 5.232 3-64 167.686', 4,663,992 5,171.98-1 4.288,2.3; 4,246 924 5 440 175. 5+ 672 _489 a 9494 2004 F r h 3x4 +y_ 4 70 467, 5,327 05' 4.3.19.594 4 4fi1,055 . ,3414.5 5 a 353 12_8 4 749 6581 _5,642.8091 4 450.731 , 4 518 629 6.602 036 58.22S 844 - 45°6 Rat 34 i 425`04• 44,3,370- 0.23._380. 4,'35302& 457"0864 5,635,196 4,494,0791 5013,3701 5.5509'61 4,541,790, 4,769700 6.932919_ 59.708 680 254% 1 200& 3.734"245 4.645.436 5 537 253, 4,559,458, 4,882.33j 6,129 363 8737_7731 5.2373571 6,156056 4.950 305 _4.387.tla71 _ 7 89'. 618 63.949.440 _ 7 10% Rate 0119 3,41%>356% 2007 5,118 353 5 01e,6/5 G.91tl 421 4 965 9811 5 500,7011 6712.841 5.565 3711--6-.-3 9-3-:0-2-81 6.954,377 5,747,963 5,695.703 8,41' 4tW' 72 998 836 9.34% Rata Chg356%>3 a1% 2008 5197400 _51_05.109_ 6C05,9443 , 5,331,447 5,488,450 6.572.335 5,508.796 625E,6401 6.E20,535 _53827795 5,255,'55, 7,443455_ 70970045 035% Rate341% 2009 7.919.570 465_8.632_ 5.A5003L _5.077,648 5,1314441 6428.343 5206,770_ 5.790.533 6093.314 5,170,325 4735.769 7.814,230 _6_6.877.617 A69% 3010 4,576.034 5 38 .190 6 ,06.6517 5.320225 5 410.595 6.895.283 5,522,076 5.943,315+1+ 6,855,385 5,652,938' _ _ 57,010,739 -1355% Change from prior year(MOn91) 69%; 1559% 593% 4.78/1 661% 726%~ 60fi1 264%I 125.% _933%, -'00005 -'OC 00% CSarge from poor year (vTJ} - - ( 696._, SCC+;: +'35k~ 4747°1 5.12% 5.55%: 5 E27. 522% 6 6.431x. •211% •'3.55%• •i - - i '1 - - - - I CONSUMER USE TAX 2003 796,157. 5175-9 836,398! 977,962, 786.2861 962,7851 656,799: 819:164' 9",4,8691 635,4634 55 1,045 632: 1,052 56 .6'• 9.903.632 287% G ud4 Ro;e3 m Motor Vehicle) 2UPa 2005 980 229927867. 66°50701 8,036 951999.4.08553: ..017426,614,692, 1724,614 866,974 8 •,0,674 922,401 941 990728. 750.971 1 181 776, 0215,625 _ 39% ~.1 C3592 1,001.048 864,720. 786.4651 1,094.03U1 758,937 968467 5.248300' •1130(80; 095% 517 "01 1,27? 146 577,1 44 964 2006 686.685:-_ 0 637482 4443x. Ras Ch 3.41%>3 56% 2007 _ 763 650. 574_,0_06 975,1781 888.726 733529 781,362 895,403. 776 258 1,054 696 727 776 1.092224' 5,287 1511 g _ 733,196, 658,072 _975,456 652 501 1 923,667 732 4631 716.3'7 -.575,908: 11).36,9 140 -683% Ra oChg3,56%>3d1% 2008 818034 991,472 1109,16(1 _ 6692"4 7369011 067,769 732,334. 596,3994 899,934 969.683 559876- '.,253267 10_464,043 5.35% Rae341/ 2009 I 909,558 L 657250. 1,062,587 997.69" 531,724; .790,a19 858,325' 1,299.787! 989,089 741,578• 698,452 ',600457. 11137,497 644% _ _ - 2010 687,502: 778.796 91322.1 701.931 j 662.382 945.800 _ _620.328 • _ 633.593 909.315 752,1 43 7 605 012 -31 7_2_% Change from prior year (Month) 24 41% 18 49% •'4 06% -29 O6%1 24.57X, 1960X, -27.73%. -5135%, •8-07% 1 42%k -"0C C0% _-100 00% _ Change from prior vear (YTD) 1II~2441hy •15.05°r°-998% -5.26%1 -8.58% _-16.38% -153790 !396%• -202674 -3 72° CONSTRUCTION USE TAX_ _ 2003 104.449 12' 585 136559 236.246 4'5.756 675.308 220.413 259,946 239,337 _ 619131 2_92.983 388.157; 3,256,653 #REFI Rate Ch932671341% 2004 210383 336,148 3874e7 490426 __229416 181,732 204.8511 155,4091 12,299 119283, 238459' 28 _ - - - 1- 1 - y 4_ _ 1 - 3 ,087 ; 3,048,978 _ 81,59% Rata 3 4'-, _ _ 2005 1 912,5851 762,5401 287,8651 46-2 878 56_.073 913.197 186,408T 235,308 1 - ~ 282503 _ 276247!I 286 104: 5-4,975 5,597.884 _ 2006 197,263 331.341' 420.749• 294,0941_337237, 774.420 352,533 261,409 343.749 559975- 410.958_ 2028272 5302000 -526% Rase Ch g 41%>3 56% 2007 293,078 4 7-- -2K,6611 • - - 978: g . 37,BE0• 122.016' 621413 430,207 1.119.4251 259,226 421,3761 286.5245 376.978' 253590' 4,814,755 1302% _RaleC1,93.56_ %-3.41 % 2008 330060 347,219 ' 748.549' 4547971 327,855 241,649 100,759 442,652 347,954 - 217,8851 107,831,_ 38,753. 4,048,982 ]22"% Rate3.41% _ 2009 944.905 111.907 425,028 776.5111 279.761 _ _9_95.132 721,209; _676,30-, 235,485' 223, 169 591,9701,467,798 7.449176 8396% 2010 59•,599_ 242 59, 245,8291 362619_ 228,230 1.921675 1,075.079± 467,423 245,36' 23402'' _ 5612426 24 fib%> Changelrorn pdoryear(MortLM 37 d9'.o - .42-53_3)%_ -1913%1 9311% 4907% -30895:' 429% 4F6'I -100 -10000961 Charge from prior year(YTD) 3739%` 0727, 2'16 -36124;. -34 25%I "E211196, o92 4' 4! 94 -E 1: -24 55°k I TOTAL FOR MONTH & CHANGE FROM PREVIOUS YEAR (MONTH E YTD) 20n3 4,774,920 - 4.514 055 6 [50,093 5.2D9 277 5466.7711 6,1..7C..'u 5..34;.&97 5.743.101 6 326.E8 5 C05 58' ~ 5,565.539 .300.897 68,031,774 P8'h _Rate Chg 326%l341% 2004 5,584.748 5,171633: _6.61'3.991 55727121 5415,085! 6,3e91F1 5348853 5827.468 6697,0935.298647 _ 5.309.059; 0.066.8991 71494448. G 47% Rate 3.41% 2005 ) 5,995513 5.742,946; 6 471,340 5.831.518! 6.136,529 7A49.441 5545.207 6,037,152 961 27 449 5,576974+ 6026271 ; B 696.204 76 436.545 691% 2006 5.618.198 5,493.8781 7 _ 6,23 T 235148530.6865 6184096 7,685.145 5,985,709, 6,275.424 7,554,5001 62_360561 5,8910301 ;0197046 . 79.888.928 d-52% Rave Ch9 341%>356% I 2007 I 6175087_5,936481A 80056151 6147768 6.85131. 1) 8001-120 7,660.252 7304,754 8.2894206_766,951I 6,788.999 10.240982; 88.182,732 5,73% _ _ _ • 9: _ _ R4tethg3, 5.3,41% 20 08 I 6,345.513, _ 6,442.80G: . 7 863,654: 6 455 459 6.553-20_6: 7,681753 6341 889' 7297.691 7.86B.423 6,590 ,347 5 ,962 ,862 9,076 475 84 6_83,070 0 26% Rre3 41 % 2009 I 6,774,033 5,428.789' 7,337,653 6 852 049 5,942 9291 8 214,294 6,786,30- 41 7,766,601 -7,317,8 8- ,317 88]) fi 135 0721 6 026 19 10,982,485• 85 464,286 092% 1 384 7746,359.207 9.762.758 7.217.4821 7.044.332 801006.1 6 .6391_02i U: 0 .798 - 4 71 ,036.177 -1668% 3455 1.330 34. 6407.5771 B,8 (f27 7 7,355 . 0787x9' .134. 4 Less Rafvnds _ 201 2003 0 5,6 -'--33 - 76,328 .422 -596. 69,64 3 •23.73179 8 -5.758; 579' _ _ 464 599: 474272 -_J-2004 1,343 10.505 636; 872'5 963 151 -1,299 4.643 .244, 330• - -63,0611 2005__,___ •246 -66.044 -909 -2.666 -',647 -10.080 -3,062 4.207 -646: -1,586 0= 4.757; -96,051 -j _ 2006 40302 5275 22 _8065947 ` 406• 16.7731 .105296 Less Refunds 2009 -3.335, ,'6' 363; -5.099 01 0 7569 .1-. 0 ~ 9493 429 -9" .001 -677 2008 2007 _ 9780, 38,29' 0 467013 729' 14. 14967: -3520 -2.740 •1 79,08f 0' -4852-9.326 . 0 50100! _112.123 _ ._c74. 1 ,409 375 445 , 0 0 1 -00 , -692 -65,33' 26.376 -283.770 _ ,1 + _ - 023 0 1 3,832 •1,648 4,204] .7,90 2010 -3469 68 30 -35,924 4441 -43.9.20 { 170.540 _ 4791 5,424.999 6,794,082 5,044.475' 5 7 4 2,505 6,257,023; 5.081802 _ Adjusted total 2003 4.740 591 4 505 272 6 023 015' 5974 5.584,959: 7,334.298:; 67 607,5021 5.21 9/6 9 5.502301 5.062 69: 71,4_3'_3861 101% rate Ch9326%>341% 2CO4 59&34061 5,161.12-8, 6 5.57!.6_401 5.409,121 6389,110 5.347,554; 5,822,825 6,696,649) 27132 _ Rate 3 41% 2005 5.9952661 5,676,902 6,470 431 5.828 R52! 6.:34,882 7,439,361 5,542,145. 6,032,9461 6,926603 5.575388 6.02627! 8,691,446 76.34 2006 r0.493 6 87% _ i 5ST.896, j 1 _ . _ 5,480,6061 7,212.388 S.53U.333. 6.'78998 7,685.145 5,985,709: 6.267.8561 7,553,694 6,232,110 5,890,624 10,180,273 79783,631 451% Pate Ch 93 41%>3 56% 2007 j 6.175 0811 5,898,190 8.003,E02 6 147 039 E.645984 7,986.572 7,645,612 7,304 077 8,299,420 6,760988 5788 999' 10.235 967• M.091 7311 _ 576% 2008 6,344 536 _ 6.443,800 7.816 680 6 454 05_0 651-3205 7V9 37811 6341.444 7.288 149, 7_.866.99_5 6,590.347 5.914.34 9.077 975 8x.570,947 023% Rate3.d;% 2009 6770699 5,428,789 7.337.653 6,850.9384 5942.327 8213,602} 6.785.337 7.763,CSCj 73'5.140 5,955985' 5,9808EC 10656,1C9 85180,517 072% _ 2010 5,851665' 6,339447 7313.826 6.363.330 E.3;5238 9,758926 7215814 7.C4C7I 8.002.092 6.639_.102: _ 0 0 70.865.637. -",63196 %Change (month) .1357% 1677°5% -0 24%; -083%1 628_%f-_-__"8_81_%_ 634% -9.3'%; 939%1 --1147% -100 OD', -'OD 00% %Char+efYTD -1357%• -007% -013%1 A87%1 -037% 351% 392% 205%' 291%~ 366%46594 •1601% Sales Tax Revenues Generated in CAGID (Excluding the Mall) by SIC Code Apparel Home Gen. Auto. GRAND Food Stores Eating Places Stores Furnish- Merchandise Transport. Construction All Others TOTAL 2^08 (sales tax rate of 3.41%1 JanLery 195,735 32.879 14001 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 JLre - 238,548 41,436 19,669 148.6e9 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 27,365 518.891 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 November - 196,079 33.025 15,076 111,384 1.840 - 22.158 382,562 December 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 2009 (sales tax rate of 3.41%) January 192.959 26.985 12,196 86,332 1,918 259 19,475 340,123 Feo^jarv 185,082 26,631. 11.971 87,438 1,854 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 Mav 240,431 44,720 11.492 128,326 2,404 24.352 451,724 June 239.795 40,871 423,174 125.339 2,266 4 43.884 875.333 July 713 242,453 39.957 1",261 114.049 2,490 27,565 438,468 August 381 263,991 41166 12,597 152.894 2,526 24,627 498,282 September 322 221,251 41.879 15,152 121,752 2,339 26 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,x52 468.300 576.450 1,336.919 25,726 360 , 326,662 5,412,522 J201,0 (sales tax rate of 3.41%) January 1,186 194,670 28,127 10,634 181,383 1,969 16.815 434,783 Fen-uarv 1,387 190,493 25,060 11.700 95.186 6.755 17.632 348.215 Varch 1081 222.050 33,253 12,396 108.607 2,189 1,239 30,037 410.852 A.pnl 1,910 251.648 37.643 7,139 117,444 7,109 - 22.882 445,775 May 1,799 259,258 37,937 7,396 139.609 2,578 24,457 473,034 June 1,190 247,361 36,213 10,644 14-3.344 2,512 6 91 682 532,952 July 1.164 260.452 36,652 8,640 148.851 2,822 30,361 488,944 August 345 267.129 44,028 12,234 143,759 2,84. 25 876 496,212 September 2,657 247.353 39.102 11.309 140.277 2,724 15 79.341 522.777 Ocober 1.611 258.311 43,740 10,274 133.095 2,557 25.191 474.779 November - - - - - - December - 2CIr, TOTAL 14,330 2,398.724 361,754 102.368 1.351.5551 34,057 1,250 364,275 4,620.322 Total %Change from 2007-2008 -100.00% 077r/67 -8.71% -18.51% -1.37% -5.66% -82.52% -14.11% 4.35% Total % Change from 2008-2009 #DIV101 -4.47% -4.60% 174.36°% -13.79% -0.54°% -81.07°% -16.75% -0.83% Total %Change from 2009.2010 911.77% 5.901/61 -4,16% -81.00% 18.44% 54-39% 314.51°% 35.34% 0.29% %Change from previous year month #DfV10f 5.96%1 2.95% -15.03% 16.43% 25.40% #DIVIO! 2.06°% 8.05% S.1CMOIDUHNIDPS%dmc',Financial MgSBUDGET DJICAGID dj1GEO6YSIC xls Sales and Use Tax Revenues Generated in CAGID (Excluding the Mall) by SIC Code Food Apparel Home Gen. Auto. Building GRAND Stores Eatin Places Stores Furnish. Merchandise Transport. Transport. Materials Construction All Others TOTAL 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 1,768 966 102.663 538.450 A n 232,730 43.888 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 241,620 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 57.588 53'.575 October 249,214 49.C37 18.487 126.41' 2,281 4.827 36.392 486,650 November 198,512 36.C25 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 2,842,717 490,896 213,769 1,555,135 657 26,263 378.385 605,219 6,112,045 2009 sales tax rate of 3.41% January 195,412 26,985 12,380 86.334 - 1,918 6,251 29.023 358,302 February 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 29,123.61 416.402 May 244,366 44.720 11,505 126.336 2,404 2.349 28,616 462,295 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 381 267.700 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 2349 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 1,337;324 115 25.767 - 76.184 451,267 5,651,829 2010 sales tax rate of 3.41%) 1 January 1,186 196,818 28.127 1U,705 181,386 - 1,993 6.754 23.101 41 070 February 1,387 193,018 25.060 11,735 95.188 6.767 1.087 21,123 355,366 March 1.081 224,699 33,253 12.459 108.658 12 2.189 1,153 9.345 40.839 433.688 April 1,910 254,118 37,643 7.211 117,451 7.143 2.891 31.313 459.678 May 1.799 261,721 37,937 7 461 139.614 2.594 7,585 29.926 488.736 June 1,190 249.307 36,213 10,746 143,350 12 2.535 26,453 104.700 576.505 Jul Y 1,164 263.561 36.652 8.695 148.870 2,852 10,749 34.121 506.664 August 345 269,146 44.028 12,422 143,846 2,879 861 36,448 509,975 September 2.657 250,631 39.102 11.442 140,526 2.741 1,501 93.491 542090 .October 1.611 261,016 43.740 10,274 133.405 2.585 395 32.022 484.258 November - December - . 2010 TOTAL 14.330 2.424.034 3611,754 103,151 1,352,294 24 34.278 1,153 66,931 447,084 4,807,032 Change from 2007-2008 -99.99% -0.17% -8.71% -19.20% -1.41% -93.13% 33.25% #DIV/O! 133.37% -10.61% -0.32% Change from 2008-2009 531751% -5.100/4 -4.48% 170.24% -14.01% -82.50% 1-99% #DIV/0! •79.87% -25.44% -7.53% Change from 2009-2010 911.77% 5,54% -4.32% -80.89% 18.47% -61.24% 55.19% #DIV/0! -6.90% 26.34% -0.01% Change from previous year month #DIV/01 5.05% 2.57% 15.03% 16.56% #DIV/O! 26.77% #DIVIO! 101.38% 1.40% 0.89% S:\CMO\DUHMDPS1dmc\Financia1 Mg\BUDGET DJ\CAGID dj\GEOBYSICxIs Sales Tax Revenues Generated on the Downtown Mal! by SIC Code Food Eating Apparel Home Gen. Stores Places Stores Furnish. Merchandise All Others GRAND TOTAL 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 May 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 JUIy 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 4,352 169.230 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 2,442,153 2009 sales tax rate of 3.41 January 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 May 3,892 87,092 36,974 9,495 53,764 3,171 194,388 June 4,089 87,800 36,608 9,200 57,366 4,522 199,585 Jul 3,726 98,159 34,986 10,705 65.387 3.187 216,150 August 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 2010 sales tax rate of 3.41 January 2,887 61.993 18,517 8,360 29,928 3,562 125,248 February 4,915 63.679 26.728 7,068 31,386 2,829 136.605 March 5,283 81,945 30,545 8,491 45,318 185 171,768 April 3,422 75,866 29.722 7,802 43,003 4,004 163,820 May 3,576 85.387 38.919 10,357 52.906 5.221 196,365 June 4,084 95,665 41,999 9,998 61,284 7,036 220.066 Jui 3,947 103,856 49,875 13,606 63,089 4,229 238.601 August 3,879 104,056 46,461 13,341 62,110 8,845 238,691 September 4,917 86,231 38,978 10,526 54,647 5,814 201,202 October 3:945 91,629 47.398 11,616 51,647 7,405, 213,641 November - - - - - December - - - - 2010 TOTAL 40,855 850,307 369,142 101,165 495,318 49,132 1,906,007 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% Total % Change from 2009-2010 9.92% 2.54% 10.62% 13.10% 2.45% 18.83% 5.05% % Change from previous year month 15.46% 11.12% 39.43% 7.07% 18.07% 116.53% 20.11% S:1CMO%DUHMDPS\dmc\Financia1 Mg\BUDGET DJ\CAGID dj\GEOBYSIC.xIs Sales and Use Tax Revenues Generated on The Downtown Mall by SIC Code Food Eating Apparel Home Gen. Stores Places Stores Furnish. Merchandise Construction All Others GRAND TOTAL 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 Jul 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 4,289 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 50,144 867 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 2010 sales tax rate of 3.41% January 2.907 62,112 18,620 8,360 29,998 6,432 3.562 131,992 February 4.934 63,870 26,728 7,068 31,430 6,503 2,829 143,362 March 5,413 81,927 30.585 8,491 45,465 9,378 481 181,740 April 3,428 76,004 29,722 7,802 43,112 56 4,041 164,166 May 3,590 85.933 40.603 10,357 52.938 51 5,221 198,693 June 4,102 95,790 44,278 9.998 61,426 253 8,312 224,159 Jul 3,965 104,152 50,702 13,606 63.259 43 4,245 239,970 August 3,894 104,284 46.725 13,341 62,225 544 8,845 239,858 September 4.941 86.504 39,108 10,526 54,668 1,009 5,952 202,708 October 3,963 92,428 47.439 11,616 51,685 302 7.410 214,843 November - - - - 0 December - - - - - 0 2010 TOTAL 41136 853004 374510 101165 496207 24571 50900 1,941493 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 2009-2010 8.77% 2.45% 11.83% 13.10% 2.49% 1922.62% -17.84% 5.40% Change from previous year month 8.61% 11.76% 39.12% 7.07% 18.07% #DIV/O! 116.67% 20.36% SACMO\DUHMDPS\dmc\Financial Mg\BUDGET DJ\CAGID dj\GEOBYSIC.xIs Downtown Sales Tax Revenue-22 Pearl Street Mall Sales Tax Revenues-26 nx role 320 3M 320 34- 341 34- --56 341 3e•. I.x raL 320 320 3I0 34, 341 34- 310 3.41 14, 2000 2001 ?0_02 2003 2001 2005 2006 2007 2008 2009 4 2010 2000 2001 2002 2006 2004 2005 2006 2007 20" 2009 2010 January 297,565 286,319 296•222 281,789 303.911 303,211 350.972 346.303 377.788 340,123 434.783 January 159.102 146.772 127.470 117,837 130227 125,468 149.158 136,125 141,061 141,566 125.248 February 329,525 289,'17 295,828 281,926 295,159 334,033 353,475 384,949 394,061 330,622 348,215 February 161.372 149,260 127,539 132,592 128,689 146,528 168,115 151,030 153.728 142,604 136,605 March 383.212 378.057 359,339 347.345 386,464 405,854 457,916 513,361 453,315 406,592 410.852 March 202,156 199,146 154,713 157,720 173,998 181,977 166,606 190.882 184,556 160,097 171,768 April 326,181 323.372 346.652 313,658 322,834 381,409 407,402 429,910 429.364 397,041 445,775 April 186,745 163,001 178,407 148,641 181,100 159,786 204,642 180,119 194,104 155,239 163,820 May 342,738 349,345 365,342 363,683 369,350 391,843 444.690 490.189 493,179 451,724 473.034 May 192,336 168,445 184,220 176,302 186,067 190,862 202,877 205,859 220,400 194,386 196,365 June 431,558 408,653 422,082 397,239 434,006 464,057 512,467 556,969 498,498 875,333 532,952 June 271,117 221,265 214,254 193,138 200,903 212,058 221,430 242,031 237,789 199,585 220,066 July 352,084 354,908 351,719 335,260 382,910 406,346 447,533 454,725 470,376 438,488 488,944 July 226,768 213,226 186,744 183,416 216,019 228,010 231,650 248.109 248,181 216,150 238,601 August 353,261 374,173 382,971 351,333 389,941 437.412 478,646 500,591 518,891 498,282 496,212 August 226,529 211,912 206,208 193,570 206.106 215.701 227,670 239,506 246,123 233,815 238,691 September 408.624 398,576 384,614 352,635 434,834 493.083 510,843 567,853 489,202 437,565 522,777 September 208,844 192,719 179,262 182,551 192,600 191.187 211,864 221,276 202,972 166,847 201,202 October 387,330 350,339 332,166 356,878 389,818 418,157 459,707 478.372 466,268 439.390 474,779 October 203,788 165,282 150,380 162,089 177,868 189.225 176,159 210.188 200.059 177,877 213,641 November 306,144 354,787 315,649 302,598 318,751 370,726 283.133 416,857 382.562 370.084 November 166,904 158.250 160,452 151.473 178.919 173,394 186.045 185,961 169,230 165,869 December 556,669 442,443 443.505 435,738 507,725 541,253 646,636 565,818 484,305 427,276 December 316.929 263,934 240,425 254.819 262,493 252.230 249.890 263.997 241,951 230,464 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 9.457,828 5.412,522 4,628,322 Totals 2.522 590 2273,232 2.110.074 2054 148 2235,004 22N.427 2.195111,110? 2,475,011116 2,442,1 S4 2 210 722 1906.007 S change from prx3r yr • 164,622 - 13.898 - 176,009 415,621 411,690 406,056 352,457 -243.00 - 45.305 $ change from prior yr • 249.358 • 163,158 • 55,926 180,856 31,423 129.680 78,978 32,932 - 231,431 % change from prior y, -3.7% -0.3% 41% 10.1% 9.1% 82% 6.6% -43% -0.8% % change from prior yr -9.9% -72% -2.7% 8.8% 1.4% 57% 13% -1.3% -9.5% 3 year avg change -2.7% 1,9% 5.0% 9.1% 8.0% 35% 05% 3year avg change -66% -0.3% 2.5% 53% 3.5% 2.6% •25% CAGID and Mall Yearly Summary This chart does- not factor change In sales tax rate CAGID and Mall Yearly Summary this c1nart does not factor change m sales tax rate SALES and USE Tax Breakdown by Industry Category SALES Tax Breakdown by Industry Category Eating Apparel Home General Food Eating Apparel Home General Food Stores Places Stores Furnishings Merch All Other Total % chancy. Stores Places Stores Furnishings March All Other Total % charge Oct-10 555.466 $3,277,037 $736.264 5204,316 51,848.5^,2 SE25,788 $6,747,372 Oct-10 555,184 $3,249,031 $730,895 5203,532 $1,646,873 $448,8;2 06,534,329 1% 49% 11% 3% 27% 9% 100% 1% 50% 11% 3% 28% 7% 100% 2009 S60702 $3,662.530 5877,050 5711,868 51,953,052 $628,296 $7,893,497 -7.96% 2009 559,819 $3,622,195 $875,174 5710,598 51,951,595 $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 $2,282,469 51,073,446 $8,576,608 -0.79% 2008 $53,433 $3,815,239 $950,225 $334,234 52,275,609 $471,240 $7,899,961 -3.43% 1% 45% 11% 4% 27% 13% 100% 1% 48% 12% 4% 29% 6% 100% 2007 $95,998 $3,930,574 $915,216 $400,345 $2,392,682 $910,116 $8,644,930 -1.59% 2007 $95,798 53,879,561 $913,775 $393,603 $2,384,296 $513,949 $8,180,981 5.57% 1% 45% 11% 5% 28% 11% 100% 1% 47% 11% 5% 29% 6% 100% 2006 $89,498 S3,649,151 $898,310 $411,471 $2,313,444 51,422,740 $8,784,613 14.67% 2D06 $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% 5% 30% 6% 100% 2005 $86,454 $3.421,618 $881,002 $389,093 $2,167,694 $715009 $7,660,669 7.81% 2005 $66,019 $3,373,571 $880,079 $381.806 $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 583,887 53,141,620 $904,648 $393,012 $2,089,921 $493,110 57,106,198 1.35% 2004 $83,374 53,084,715 $903,711 $390,387 $2,086,655 $218,867 56,767,708 9.61% 1% 44% 13% 6% 29% 7% 100% 1% 46% 13% 6% 31% 3% 100% 2003 $74,145 $2,742,867 5845,180 $389,354 51,973,549 S986,479 $7,011,574 -2.78% 2003 572,545 $2,702,412 $840,575 $354.141 $1,964,846 $239,710 $6,174,230 -157% 1% 39% 12% 6% 28% 14% 100% 1% 44% 14% 6% 32% 4% 100% 2002 572,6D7 $2.654,163 5675,150 $464,839 $2,008,573 $936,382 $7,211,734 0.42% 2002 $72,115 $2,796,110 $872,641 5436,777 $1,997.807 $227,529 $6,402,980 -274% 1% 40% 12% 6% 28% 13% 100% 1% 44% 14% 7% 31% 4% 100% 2001 $76.359 $2.853,126 $972,296 $488,348 $2,064,518 $727,228 $7,181,876 -6.111/. 2001 $73,248 $2,756,121 $970,925 $486,186 $2,043,123 $253,717 $6,583,320 -5.92% 1% 40% 14% 7% 29% 10% 100% 1% 421/. 15% 7% 31% 4% 100% 2000 $72.675 $2,740,325 $1,157,122 $539,287 $2,156,961 5982.496 $7,648,866 7.74% 2000 572,499 $2,706,001 $1,154,714 S538,703 $2,141.271 $384,115 $6,997,303 8.35% 1% 36% 15% 7% 28% 13% 100% 1% 39% 17% 8% 5% 69% 1999 $91,976 $2.333,744 $1,179,320 5493,423 $2,066,272 5934,543 $7,099,279 11.62% 1999 $90,777 $2,287,116 $1,177,775 5493,467 52,052,375 $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 $436,127 $1,756,311 5834,265 $6.360,047 6.35% 1998 $88,255 52,128,285 51,086,634 $438,230 51.743,427 $391,001 55.875,832 372% 34% 17% 7% 28% 13% 100% 2% 36% 18% 7% 30% 7% 100% 1997 $99.373 52.027.812 $788,006 $423,585 $1,944,035 5697,436 $5,980,247 5.54% '997 $96,013 $1,988,439 5777,595 $422,610 51,917,831 5462,187 55.664.875 4.21% 2% 34% 13% 7% 33% 12% 100% 2% 35% 14% 7% 34% 8% 100% 1996 598564 51,895,926 5738435 $436,004 $2,017,401 5479,907 $5,666,237 9.99% 1996 $98,211 $1,861,887 $736,297 $433,917 51,974,989 $330,772 $5,436.073 12.47% 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 $620,919 $5,151,508 6.89% 1995 $90,727 $1,693,218 $588,494 $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 593,338 $1,518,413 $587,830 $444,251 $1,700,769 $474,921 $4,819,522 1994 $92,912 $1,503,606 $587,463 $442,029 $1,694,284 5318,724 $4,639,018 2% 32% 12% 9% 35% 10% 100% r-6 32% 13% 10% 37% 7% M% City Wide Yearly Summary CAGID and Mall Sates 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 Oct-10 59.029.999 $9,162,286 $2,172,486 $3466,965 $15,397,202 $31,634,697 1% 36% 34% 12% 2% 9.5% 2009 $11,160,109 $10,572,840 32,626,020 $4,304,383 $17,515,062 $39,002,103 $85,180,517 1% 35% 33% 17% 11% 2% 9.3% 2008 $11,204,475 510.910,035 $2,819,260 $4,827,635 $18,101,297 536,708,245 $84,570,947 0% 36% 34% 7% 13% 3% 10.1% 2007 $11,205,584 510,888,135 $2,804,311 $5,522,090 $18,040,152 S39,631,459 $88,091,731 1% 36% 33% 7% 13% 2% 9.8% 2006 510,392,069 $9,582,212 $2,424,694 $4,611,0.56 $15,402,540 537,371,060 $79.783,631 1% 38% 37% 9% 15% 4% 11.0% 2005 $10,046,723 58.995,846 $2,362,366 $4,465.788 $14,587,419 535.882.350 $76,340492 1% 38% 371/6 9% 15% 2% 10-O% 2004 510,148,861 58.637,718 $2.232,147 $4,118.312 $14,123,007 532.171,342 $71,431,36 1% 36% 41% 10% 15% 2% 9.9% 2003 $9,052,658 $7,847,285 $2,046,951 53,922,549 513,185,423 $31,552,637 $67,607.503 1% 35% 41% 10% 15% 3% 10.4% 2002 $9.294.397 58,133,237 $2,346,305 $4,164,992 S13,572,651 $33,815,600 $71,327,182 1% 35% 37% 11% 15% 3% 10.1% 2001 $9,312,676 $8,384,190 52,646,021 $4,537,112 515.553,807 $38,279,526 578,713,332 1% 34% 37% 11% 13% 2% 9.1% 2000 $9,080,910 $8,484,601 53,159.262 $5,915,794 $17,BB7,211 $36,269.737 580,797,515 1% 32% 37% 9% 12% 3% 9.5% 1999 $9,207,721 57,790,648 $3.359.914 55,553,219 $17,008,884 $33.693,706 $76,814,092 1% 30% 35% 9% 12% 3% 92% 1956 $8.932.097 $7,469,094 $3,252,729 53,570,448 $15.736,140 $30.637.104 969.597,612 1% 29% 34% 12% 11% 3% 9.1% 1997 $7,739,779 56,797,237 $2,781,018 $3,129,089 $15.439,169 $28,494,047 $64380,339 1% 30% 28% 14% 13% 2% 2.3% 1996 $7,611,055 36,614,561 52,782,149 52,862,572 $15,111,950 $26.975,579 $61,957,866 1% 29% 27% 15% 13% 2% 9 S:1CM01DUHMDPS\dmclFinanclal Mg1L'UDGCi DJICAGID djIGEOBYSIC.xK