Sales & Use Tax Revenue Report - December 2010
City of Boulder
Sales & Use Tax Revenue Report
December, 2010
Issued February 17, 2011
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 December, the tax on which is received by the city in the
subsequent month. Any questions should be directed to Bob Eichem, Chief Financial Officer 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 2.64 For 2010 budget purposes, the City forecast was a 2.75% decrease
from 2009 sales and use tax levels.
The majority of the total sales and use tax variance is due to a boost from non-recurring construction use taxes at
the federal labs and Colorado University. If these non-reoccurring items were not included total sales and use
taxes would have been a negative 2.45% for the year (Table 2) and would have been very close to the original
projection that was used for budget purposes. The impact of this fact is included in the construction use analysis
of actual versus projections found later in this report.
TABLE 1
ACTUAL REVENUE
% CHANGE IN
TAX CATEGORY REVENUE % OF
Increase/(Decrease) TOTAL
Sales Tax 6.87% 81.75%
Business/Consumer Use Tax (18.89%) 8.64%
Construction Use Tax (12.06%) 7.49%
Motor Vehicle Use Tax 11.63% 2.33%
Refunds -35.43% -0.21%
Total Sales & Use Tax 2.64'yo 100.00%
TABLE 2
WITHOUT NON - REOCCURRING CU and FEDERAL LAB CONSTRUCTION USE TAX REVENUE
% CHANGE IN
TAX CATEGORY REVENUE
Increase/(Decrease)
Sales Tax 6.87%
Business/Consumer Use Tax (18.89%)
Construction Use 'Fax ~ (70.30%)
Motor Vehicle Use Tax 11.63%
Refunds -35.43%
Total Sales & Use Tax (2.45%)
ANALYSIS OF RESULTS VERSUS PROJECTIONS
Although the results for 2010, are better than expected in total, further analysis is not as positive for the future and
cautionary economic flags are evident.
+ Retail Sales Tax - Although total retail receipts are up by 6.87%, a portion of this increase is due to increases
in natural gas and electric utilities (up 11.30%) for the year. However, the tax revenue from natural gas and
electricity turned negative toward the end of the year and the current trend indicates the increases will not
continue into 2011, Employment and consumer confidence have major impacts on sales tax revenues. Even if
employment continues to slowly increase, there appears to have been permanent changes in consumer
spending habits and it is not expected that retail sales will quickly bounce back to pre-recession growth levels.
Further, the end of Federal stimulus programs may result in increasingly tight state and federal budgets. Jobs
could be negatively impacted in K - 12 schools, higher education, federal labs, and in local government.
• Business/Consumer Use Tax - This category tends to be volatile in nature and the short-term results do not
necessarily reflect trends. The fact that it is down by 18.89% reflects the hoped-for improvement in the
business sector had not occurred by the end of 2010. This category is monitored closely. Increasing
collections often indicate economic expansion is expected to occur in the future. Decreasing collections may
indicate businesses are not confident the economy will improve significantly and will not make investments
in new positions or to buy new equipment.
• Construction Use Tax - Although this category is down by 12.06%, it is better than the original 2010 budget
projection. The 12.06% reduction is from a very strong year in 2009. 2009 included about $4 million in one-
time projects from CU and the federal labs. 2010 included an amount of approximately $4.3 million in
similar one-time projects. Unfortunately, these large one-time projects are not expected to continue into the
future. As an example, the current CU Capital Projects Plan anticipates only two projects in 2011 with yet to
be determined funding and construction dates, If these one-time revenues had not occurred during 2010, the
year to date numbers for this category would have been down even more significantly and total sales and use
tax collections would be closer to the original projection of being down 2.75 percent for the year. The actual
impact can be found in Table 2 above. Since it is expected that these revenues will not reoccur in the future
they will not be included when completing revenue projections for future budgets.
Motor Vehicle Use Tax (up by 11.63°/x) - 2010 numbers look strong only because 2009 was such a dismal
year in this category.
DETAILED ANALYSIS OF MAJOR CATEGORIES
Retail Sales Tax - As anticipated, retail activity in the City of Boulder has improved from that experienced in
2009. In reviewing the data, aberrations have an influence on monthly results and must be analyzed. Examples
are February 2010, which includes a doubling up of certain food tax revenue (the timing of remittances became
accurate comparisons by May); a late payment by a telecommunications provider (both Jan and Feb payments
received in February) and November during which many remittances were late due to delays at the city's tax
revenue processor. These types of aberrations occur usually balance out for the entire year.
Jan Feb May Apr May Jmi Jul A., I Se Oct Nov Dec
(6.98%) 15.59% 5.93% 4.74% 6.81% 7.26% 6.06% 2.64% 12.51% 9.33% 10.65% 7.68°/,
Food Stores - Retail sales tax revenue for food stores is virtually flat, down by 0.48% for the year. The large
swings in February, April, October and November are due to timing differences in the two years. The negative in
December is due to a late remittance that will be included in 2011 revenue.
Jan Feb Mar Apr Mav Jim Jul Aug I Sep Oct Nov Dec
6.54% 22.84% 1.15% (16.65%) 3.71% 5.10% 1.88% 1.36% 2.31% (8.91%0 (14.84%) (0.80%)
Sales at Eating Places are both an important revenue source (Eating Places comprise about 12% 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. Total year tax at Eating Places is up by
4.20%.
Jan Feb Mar Apr May Jun Jul Au Se Oct Nov Dec
0.11% 1.82% 0.86% 8.48% 2.33% 1.64% 4.92% 5.15% 2.13% 8.37% 10.01% 2.94%
Apparel Store sales are up by 1.62% for the year.
Jan Feb Mar Apr May Jun Jul Aug Se Oct Nov Dec
(6.57%) 194% 0.88% 0.82% (0.70%) 2.82% 5.21% 1.48% (3.22%) 17.08% (5.01%1 3.39%
General Retail is up by 7.63%. 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 Apr May Jun Jul Au^ Sep I Oct Nov Dec
(5.26%) 8.69% 0.11%% 10.06% 8.27% 3.78% 8.21% (0.85%) 14.18% 7.01% 21.20% 0.35%
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 in 2010, increasing by
11.30%,, partially due to a new rate structure adopted by Xcel Energy earlier in the year. This category will be
watched closely to determine if the negative numbers that occurred in the last two months of the year are a
continuing trend downward that will impact future budget projections.
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2.21% 16.270/, 26.25% 1695% 15.17% 31.01% 30.26% 21.09% 12.87% 1.49% (12.30%)
MEDICAL. MARIJUANA BUSINESS SALES TAX
In response to the interest expressed in this newly emerging industry, this new section has been added to the
monthly revenue report. As a newly emerging industry with no significant previous year history, comparison of
current tax receipts to prior year data will not yield much useful information. Instead, monthly sales tax revenue
remitted by these businesses in 2010 is presented below. Total year retail sales tax revenue collected in this
category is $569,127. In addition, $5,851 of use tax was collected during 2010. This industry represents
approximately six tenths of one percent of total sales and use tax collections.
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec.
$17,271 $30,320 $41,659 $37,277 $42,875 552,223 $38,648 $54,589 $70,710 $59,205 $55,375 568,975
Significant increases / decreases by tax category are summarized in Table 3. 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 3
2010 RETAIL SALES TAX
Change in Corn arable Collections
STRENGTHS: WEAKNESSES:
■ Eating Places up by 4.200/(Food Stores down by 0.48% (due to timing)
■ Apparel Stores up by 1.62% ■ Univ of Colorado down by 5.65%
■ Home Furnishuigs up by 1.40% ■ The Meadows down by 13.64%
■ General Retail up by 7.63% N. 281h St. Commercial down by 1.04%
■ Transportation/Utilities up by 8.16%
■ Automotive Trade up by 6.00%
■ Building Materials Retail up by 5.91%
■ Consumer Electronics up by 16.58%
■ Computer Related Business up by 23.38%
■ Downtown up by 3.70%
■ URGED ("the hill") up by 2.74%
■ Basemar up by 21.57%
■ BVRC (excl 29'h St) up by 2.04%
■ TwentyNinth St up by 9.77%
■ Table Mesa up by 3.68%
■ All Other Boulder up by 3.77%
■ Metro Denver up by 16.08%
■ Gunbarrel Industrial up by 31.67%
■ Gunbarrel Commercial up by 0.43%
■ Out of State up by 19.61%
■ Pearl Street Mall up by 5.92%
■ Boulder Industrial up by 8.43%
■ Public Utilities up by 7.75%
2010 USE TAX
Change in Corn arable Collections
STRENGTHS: WEAK.N-ES SES
■ Motor Vehicle Use Tax up by 11.63% ■ Construction Use Tax down by 12.06%
■ Computer Related Business Use Tax is down by
44.09%
OTHER TAXES
■ Accommodations Tax is up by 6.33%.
• Admissions Tax is down by 2.35%
NUMBER OF BUSINESS LICENSES
The total number of business licenses issued by the city continues to increase on a year over year basis. For
comparison purposes, total licenses have increased from 8,252 at the end of 2006 to 9,229 by the end of 2010 for
an increase of nearly 12%. For the year of 2010, 397 new licenses were issued, and it was the first year that the
City of Boulder had over 9,000 businesses licensed for tax purposes.
PROJECTIONS FOR THE FUTURE
According to the December 2010 Economic and Revenue Forecast by the Colorado Legislative Council Staff:
The Colorado economy continues along a path of slow and gradual recovery. Several economic
indicators have begun to signal growth. Employment in Colorado's private sector has been trending up
since May. Initial claims for unemployment insurance have drifted lower, and retail spending has been
increasing, albeit slowly.
Despite these clear signs that the economy is expanding, there are ongoing struggles and uncertainties that
will restrain the strength of the recovery in 2011 and beyond. High unemployment, constrained credit,
high debt, and the struggling housing market will dampen growth over the next several years.
While there has been a recent rebound in retail sales growth, there are ongoing concerns for 2011 as
spending will be constrained by heavy debt, high unemployment, and slow wage growth. In addition,
some sales in 2010 may have been boosted by improved consumer confidence and federal stimulus
programs. These stimulus programs have largely ended.
The State Legislative Council December 2011 forecast for percentage change in various economic
indicators follows:
2010 2011 2012 2013
Unemolovment Rate 8.0% 8.40/0 8.2% 7.7%
Personal Income 2.3% 3.1% 3.4% 4.6%
Wage and Salary Income 0.8% 1.4% 3.4% 5.4%
Retail Trade Sales 4.9% 3.1% 4.6% 4.3%
Denvcr-Boulder Inflation Rate 1.2% 1.9% 2.9% 3.1%
A January 25 article by Martin Crutsinger of the Associated Press discusses the latest Consumer Confidence
Survey
WASHINGTON - Consumer confidence hit an eight-month high in .January. The increase suggests the
rising spirits that fueled a holiday shopping boom are carrying over into the new year as people feel better
about the job market.
The Conference Board said Tuesday its Consumer Confidence Index climbed to 60.6 this month from
53.3 in December.
While confidence is still far from the 90 that signals a healthy consumer mindset, the January
improvement was better than expected. Some economists said the big tax relief package Congress passed
in late December may have helped..
According to a Februan, 3, 2011 article by Dhanya Skariachan of Reuters, January retail sales on the national
level beat analyst estimates.
NEW YORK - January sales at major U.S. retailers blew past analysts' expectations as shoppers braved
snowstorms in an unexpected sibnn of consumer strength.
Retailers posted a 4.2 percent increase in sales at stores open at least a year, beating Wall Street
expectations for a 2.7 percent gain, according to the Thomson Reuters san.,ne-store sales index of 28
companies.
The International Council of Shopping Centers expects same-store sales to rise 2.5 percent to 3 percent in
February.
Some cautioned against being too optimistic as unemployment remains high and the U.S. economic
recovery remains uncertain.
"We expect the ecoriorriie environment to remain challenging." Target Corp Chief Executive Officer
Gregg Steinhafel said. The discounter reported a 1.7 percent rise in sales at stores open at least a year,
below the analysts' average forecast of 1.9 percent, on weak demand for pricey items such as electronics.
The level of uncertainty is further discussed in a January 28, 2011 article titled "Economists concur: rocky path
ahead" by Beth Potter in the Boulder County Business Report:
BOULDER - Increasingly tight state and federal budgets may very well hurt the local economy,
according to a regional economist at Vectra Bank Colorado's Annual Boulder Valley Economic Forecast
breakfast held Friday morning in Boulder.
Upcoming state budget cuts are expected to impact higher institutions of learning such as the University
of Colorado, said Phyllis Resnick, a regional economist for the Denver Regional Council of Governments
and the lead economist for the center for Colorado's Economic Future at the University of Denver.
Planned federal budget cuts could impact federal laboratories in Boulder County, and local governments
also could face increasing fiscal pressures brought on by lower tax revenues, Resnick said - all potential
downside risks for the regional economy.
"The'new normal,'... I'm not sure we know what that means yet," Resnick said. "We're in another
transitional change."
On the plus side, the region continues to have a highly educated work force and numerous high-paying
jobs, Resnick said. But business leaders must continue to attract new jobs in "growth sectors," to keep the
economy humming, she said.
"The 1990s are over, and they're not coming back," Resnick said, alluding to the state's rosy economic
period through much of the last two decades. "But Colorado remains a desirable place to live."
Other factors leading to uncertainty in the global economy include continued high domestic government
spending, and ongoing problems in the euro cone overseas, Feiger said.
According to a January 25, 201.1 article in the Boulder County Business Report, the Boulder Valley jobless rate
has improved:
Boulder County's unemployment rate dropped by three-tenths of 1 percent to 6.5 percent, down from 6.8
percent in November. The county's unemployment rate was 5.7 percent in December 2009.
The City and County of Broomfield's unemployment rate dropped as well in December to 7.4 percent
from a rate of 7.7 percent in November and 6.7 percent in December 2009.
Across the state, the seasonally adjusted unemployment rate increased two-tenths of 1 percent to 8,8
percent in November. The U. S. Bureau of Labor Statistics reported that the national unemployment rate
fell four-tenths of one percentage point to 9.4 percent in December.
"Despite the rising unemployment rate, we've had over the year wage and salary employment growth in
Colorado for the first time in almost two and a half years," Golombek said in a statement. "And, we've
added jobs for four consecutive months."
DECIaiRE.11 YTV Actual
Total Net Sales/Use Tax Receipts by "Fax Cattcgors• 2009 2111() "fir. Chpn;e of Total
Sales Tax 66,877,613 71,473,106 6.87% 81.75%
Business Use Tax 9,314,530 77554,695 -18.89% 8.64%
Construction Use Tax 7,449,176 6,550,964 -12.06% 7.49%.
Motor vehicle 1,822,967 2,034,941 11.630/,, 2.33%
Refunds -283,770 -183,234 -35.43% -0.21%
Total Sales and Use Tax 85,180,517 87,430,472 2.64'G, 100.00%
DECLMBER YTD Actual
Total Net Sales/Use Tax Receipts by Industry Type 21109 2111(1 %Changt [/o al'TotaI
Food Stores 11,160,109 11,130,533 -0.27% 12.73%
Eating Places 10,572,840 10,930,482 3.38% 12,50%
Apparel Stores 2,626,020 2,690,372 2.45% 3.08%
Home Furnishings 2,579,235 2,597;165 0.70% 2.970%
General Retail 17,515,062 19,279,577 10.07% 22.05%
Transportation/Utilities 7,312,448 7,503,572 2.61% 8.58%
Automotive Trade 4,939,810 5,362,610 8.56% 6.13%
Building Material-Retail 2,798,787 2,962,221 5.84% 3.39%
Construction Use Tax 4,851,654 5,892,474 21.45% 6.74%
Construction Sales Tax 382,810 506,689 32.36% 0.58%
Consumer Electronics 1,725,148 1,862,241 7.95% 2.13%
Computer Related Business Sector 5,714,466 4,968,083 -13.06% 5.68%
All Other 13,285,897 11,927,687 -10.22% 13.64%
Refunds -283.770 -183.234 -35.431% -0.21%
Total Sales and Use Tax 85.180,517 87.430,472 2.64% 100.00%
DECEMBER 1TD Actual
Total Net Sales/Use Tax Receipts li ' Geographic Area 2(1119 2illo % Ch;mke ofTolal
North Broadway 1,128,232 1,243,521 10.22% 1.42%
Downtown 5,651,714 5,876,454 3.9 8'X. 6.72%
Downtown Extension 534,774 425,482 -20.44% 0.49%
UHGID (the "hill") 1,057,749 1,150,748 8.79% 1.32%
East Downtown 549;217 576,321 4.93% 0.66%
N. 28th St. Commercial 4,452,022 4,531,911 1.79% 5.18%.
N. Broadway Annex 450,875 451,574 0.16% 0.52%
University of Colorado 1,052,429 1,010,538 -3.98% 1.16%
Basemar 1,394,638 1,684,609 20.79% 1.93%
BVRC-Boulder Valley Regional Center 16,683,708 16,624,239 -0.36% 19.01%
29th Street 5,970,894 6,497,161 8.81% 7.43%
Table Mesa 2,282,088 2,362,838 3.54% 2.70%
The Meadows 1,029,395 876,674 -14.84% 1.00%
All Other Boulder 4,316,488 4,140,424 -4.08% 4.74%
Boulder County 1,184,677 1,212,360 2.34% 1.39%
Metro Denver 4,063,261 6,051,998 48.94%, 6.92%
Colorado All Other 282,918 231,596 -18.14% 0.26%
Out of State 9,000,268 9,370,490 4.11% 10.72%
Airport 27,541 19,168 -30.40% 0.02%
Gunbarrel Industrial 4,544,637 4,244,038 -6.61% 4.85%
Gunbarrel Commercial 1,038,731 1,043,591 0.47% 1.19%
Pearl Street Mall 2,241,668 2,379,092 6.13% 2.72%
Boulder Industrial 7,196,875 7,417,989 3.07% 8.48%
Unlicensed Receipts 2,957,136 1,269,846 -57.06% 1.45%
County Clerk 1,822,967 2,034,941 11.63% 2.33%
Public Utilities 4,549,386 4,886,105 7.401%. 5.59%
Refunds -283,770 -183,234 -35.43% -0.21%
Total Sales and Use Tax 85,180,517 87,430,472 2.64% 10(1.00`%.
DECEMB1.WWD Actual:
% Change in
Miscellaneous Tax Statistics 2W 2040 .Taxable Sales
Total Food Service Tax 483,132 503,280 4.17%
Accommodations Tax 3,075,024 3,269,618 6.33%
Admissions Tax 578:043 5645432 -2.35%
License Pees 26,000 31,000 19.23%
Trash Tax 1,287,440 2,156,925 67.54%
USE SALES
COMPARISON OF YEAR-TO-DATE ACTUAL REVENUE FOR THE YEAR 2010 TO COMPARABLE PERIOD IN 20(
USE TAX BY CATEGORY SALES TAX BY CATEGORY
DECK \IBER Tri) Achkal I)FCENWER`V1'1€) Actual
%,haner Standard Industrial Code X19 ?~}1(:
131,307 154,598 17.74% Food Stores 11,028,802 10,975,934 -0.48%
184,389 105,590 -42.74% Eating Places 10,388,451 10,824,892 4.20%
35,005 57,429 64.06% Apparel Stores 2,591,015 2,632,944 1.62%
35,807 18,231 -49.08% Home Furnishings 2,543,428 2,578,934 1.40%
1,409,151 1,945,359 38.05% General Retail 16,105,912 17,334,217 7.63%
676;699 326,226 -51.79% Transportation/Utilities 6,635,750 7,177,346 8.16%
1,842,565 2,079,448 12.86% Automotive Trade 3,097,245 3,283,162 6.00%
14,606 13,458 -7.86% Building Material-Retail 2,784,180 2,948,762 5.91%
4;851,654 5,892,474 21.45% Construction Ilse Tax 0 0 na
0 0 na Construction Sales Tax 382,810 506,689 32.36°/,
222,077 109,925 -50.50% Consumer Electronics 1,503,070 1,752,315 16.58%
3,086,389 1,725,586 -44.09% Computer Related Business 2,628,077 3,242,497 23.38%
6,097,023 3,712,275 -39.11% AN Other 7,188,874 8,215,412 14.28°/,
18,586,673 16,140,600 -13.16% Total Sales and Use Tax 66,877,613 71,473,106
USE TAX BY CATEGORY SALES TAX BY CATEGORY
DECEII/BER YTD Acti>al I)ECENTP,ER3'ZD`Ac£ual
209 201 °i, Ch:3nue Geographic Code 2(1()0 2010
Change.
42,361 52,747 24.520/ North Broadway 1,085,871 1,190,774 9.660
239,191 263,629 10.220/o Downtown 5,412,522 5,612,824 3.70%
15,664 60,445 285.890/ Downtown Extension 519,110 365,036 -29.68%
12,586 76,905 511.021/lo UHGID (the "hill") 1,045,162 1,073,843 2.74`%
59,298 43,226 -27.10`% East Downtown 489;920 533,094 8.81%
100,382 225,377 124.521X, N, 28th St. Commercial 4,351,640 4,306,534 -1.04%
25,412 18,688 -26.460/4 N. Broadway Annex 425,463 432,886 1.74%
23,172 39,463 70.30% University of Colorado 1,029;257 971,076 -5.65%
55,492 56,632 2.05% Basemar 1,339,146 1,627,977 21.57%
814,337 431,384 -47.03°/ BVRC 15,869,371 16,192,855 2.04%
137,378 93,634 -31.840/ 29tH Street 5,833,516 6,403,527 9.77%
29,409 27,311 -7.1311/4 Table Mesa 2,252,679 2,335,527 3.68%
28,800 12,561 -56.380/ The Meadows 1,000,594 864,112 -13.64%
2,066,401 1,805,596 -12.620/ All Other Boulder 2,250,087 2,334,828 3.77%
392,275 374,575 -4.510/, Boulder County 792,401 837,784 5.73%
1,466,551 3,037;838 107.140/o Metro Denver 2,596,710 3,014,160 16.08%
156,229 53,204 -65940/o Colorado All Other 126,689 178,392 40.81%
1,580,074 495,280 -68.650/ Out of State 7,420,193 8,875,209 19.61%
13,691 3,474 -74.630/ Airport 13,850 15,695 13.31%
3,606,052 3,008,176 -16.580/ Gunbarrellndustrial 938,585 1,235,862 31.67%
6,442 6,913 7.330/ Gunbarrel Commercial 1,032,290 1,036,677 0.43%
30,945 37,419 20.92`94 Pearl Street Mall 2,210,722 2,341,672 5.92%
3,025,690 2,895,318 -4.31.0/ Boulder Mclustrial 4,171,185 4,522,671 8.43%
2,662,624 814,868 -69.400/ Unlicensed Receipts 294,512 454,978 54.49%
1,822,967 2,034,941 11.630/ County Clerk 0 0 na
173,250 170,993 -1.300/ Public Utilities 4,376,136 4,715,112 7.75%
E18,586,673 16,140,600 -13.16% Total Sales and Use Tax 66,877,613 71,473,106 6.87%
Tex by NIo & Category
TOTAL CITY SALES AND USE TAX COLLECTIONS -
REVENUE CATEGORY : YEAR JAN FEB::::: MAR : APR MAY JtiN JUL : AUG : SEP : UCT : -NOV DEC - TOTAL l tizaLie 5:116
RETAIL SALES TAX 1043 3,872.314, 3574955, 5,053_:36 4093063 4.26,1,7291, 5.232315 4.16766x: 4,663992: 517i,9at 4288.2:3 4345.9241 5,4'40,175 54,871,489
-4,94;-,
r1
Palo Chg 336.513.41'55 20D4 4,394.138: 4170437 5,327.0.51. 4.339.59-: 4461.CS51 5BIC, 555, •t3331[8. 4740658.. _.554._805, 4,450, 721 4,518,6291 6602,036
58,?7584a1,454s
Ralc 3-41ga 2005 _ 4755 041 ; 44 3,3i0~ 5._32.36. 9 4, 353,+ - - i _ _ _ _
r'2b 4,o-.'5,B64! 5,535.195 4494.0791 5.0133'9, 5,554916: 4.5417_4 4.76°17001 6432.929 5 08,&&0; 2, Sa°v
_
2006 a ;34 249. 4,545,436- 5,537,253 4,659,458 4,862,3311 6,124,363_ 4,737773, 5,237757 6.156.0541 4.950305 43$7.84711 7,891.618 63949,446 71DY
Pele Chy 3.•11,;613.5656 2007 5118.353:. 6014615 6918.421, 4.965.081 5,500,701, 6.712.841 5555,371 6393,028 695437: 5.747,963 5,645.7031 6,411484 , '72.99@,@S@:
9,34,14
.
Rate CLg1569E 1741°F ?O!)8 5.197440; 5105109 6005.946' 5.331447 5,488.4501 6.572.335 5.604.7961 625E 540. 6620.535 6,382,779 15, 7,443,455 .0,170,045;
0.35b
t'
Role: 41^> 2009 4,9195717:1 4,359,6321 5,650.038'1 5.DT7,648_ 5,131.4441 6428.343 5205 5,790533. 6,093,3141 5170.325 4,735.769; :,814,230', 60,8776131
..69%
2070 4,5 a , 0 34 ' 5.186, 1 90; 6. 196.69 ! 5.a.20'225 a 5 : 479,596' 6895 , 263- 5.822076 - .5.014157! , 114 3,1061 6.87'h
--5.9.13.315 6,855,385; 5.652922 5.240.211.
Chan9C from pnor year CMOn1h) Lb .5. 5-93' 1 7826 6.6'x51 125`:; 6.UOSb1, 2.645." 12,5151; 9,3314. 1V,5511c 6855
,:range from Priar year (YTC-.). { ._.i... .,.1. < . 1. _
. -fi.985.' 4 041x, 4-.7373'1 4.741' 5.12% 5.559e 5.625`! 5-22°/.. 6 12 ei ' i 603°•6: 6.76'6: 6.871A
CONSUMER USE TAX 2001, 796157; 517559! 836.3981 877962 788.288; 962765 656.799! 819,164 914869- 635,455 10-15632 1.052,5561, 9,90;632-
;1
Onc7udes M91e, V06d.) 2004 960329; 665,0181 899,4531 742.692 724.6141 9-.-S 074 $106741 _922.401941999, _728634 7501171: 1. @1.775 10215625.
-1, 39°2.
R e!C 3.n 1.6 2005 827887! 507,0381 951-085 1,015.514 1,103,592` 1,001,048' $64720 783,465` _1,09x030
_ _ 755937' °66.46 . 1 .248 300 _11 530.180) _ 895%
?5111.4
2406 686686] 517,101 1,277,146' 577,144 464,524: 781,362! 8954031 776,256 1,054,695• 727 1,092.224 176°,15.. 110,637,4182; -443'.3
Rate G"341;.:3.56°Y 2007 763050; 574006. 975.1781 848.726 733196, 858072, 975456; 652.5011 9235x,7; ;32963 716.317 1,5:59081 10.369.140:
•6.63°4
RaleChg35fi%".13.41%: 2008 818x0341 _991,472' 1.1D9.1W 469314 736.901 1,067789 732,3341 596`_399' _89943: 989A93~ 599.875 1253.2678046.1,043.
5.35•):-
P.aIC3A!'S 2.OUc 909,5561 457.250 1,062.587' 447.641-- 531,124 790,019: 656,°.25 1,249,767' 989.099 741,578: 698,452 1600.4571 it 137497
6,449':
2010 68? 502! , 8.796_ 913,223 701,931 662.38. 45-800, 6270'an 33'5,'i 90-07% 751414', 7118 1 1464a1 9,589,636{ -13,90".'•
Chenga from q.or veer (laonth) 24.41^., 1849.. 14. orb 49.6611. 24.5..,, 19 604,1.; -
Change7rorngroryear(YTD) -24 41`51 -6.41°.5: -9.50%5 15.05'° -9.94 i3 -956!6! -16.38°x. -1537-1396ck -13.i74t7390',x1
_15.3
j i
CONSTRUCTION USE TAX 2003 104449; 121,585: 18.559 238246 415.756 675308; 224.4131 259.946. 239.337. 1519131 292.983 388,1571 3.256553'
aREF
Pale Chg3.26 .,13.411'. 2004 210:3831 336.146' W.-487 ; 490;426- 229.413: 181,732: _M4151 _ 155,409 212.299 119.283 238.459, 283.057 3048 ~_8:._
-t0_.5c%
Ratc3 W': 2'705 912.585! 782.540 287.855 461.678 4560;3! 913,197 166.408 235,308 282503: 276.247, 288,104 ~ 514.975• 5597684] - - 8319%
2066 191,263: 331,341 420749 2.9-log'! 337,237 '74420 _35-35333! 261,409 3437491 555975 410,4581 1,015372 5302,000; •52801
Raja Ct.q 3412007 293,076; 347860 1120161 293,051 6214;31 430.207 1, 119,4 25; 259.226 421,2176 1 2136,624, 3:6.9761 253,590: 4,81.1,755
.13-02%
748.5x9 454,.97 32 85„ 241 6s„ 140 759 1 442 65. 34, 9541,
Patech0'St ` 3.475-6 2008 330.080: 347,219. 7 . S1 _-9.. 44 21Y 885. 107,8311 381,753: •'.0489.82: 2f%
995.132, 721'299!_476.301: 235.4851, 223.169_. _ 59197D 1 1467.798' 71449.176: - 83,9_8;:
Ra1C3.4t, 2009 944.905; 111,907 1250261 776511 279:701:_995.132'
2019 59159x, 742591 _ 2 S.6?9 362,519 226 .?3C 1421,675' 1,07507SI 467,423 2453611----_234021 49.16651, 531,670 6550964; •12.66:5
Chenoe lrom q.or yearlM.onnlj 1- 21-- 116 r6'i, -X2.15':'- X3.30 -19.13„ - 93.t1, 49.07 ,)-3D 84 a. 4 9', 4.Bb4s .31 J.;,! -63 .fi,o.
Change from pr.or year(, TD) -37210", -2712 -35-3425'.%.. 1.02'.9 953*bj 410'rt.411 "A 11-i6. 063°°1 I~065S• - - -
TOTAL FOR MONTH 8 CHANGE FROM PREVIOUS YEAR (MONTH 8 YTDt
2C03 4,774.9201 4,514.099' fi030,0931 5,209277 5465.771 5.870.410 5.044.647 5,743,ID1, 5.326.1881 5.085,561' 5,585.538. 7384.8471 68031-774 -4684"
Rale Chip 3.267,. 13.412004 - 5584,7481 5,171633 5.613$x11 5,572,712 5,4150.851 6389,261 5,348,853: 5,827,468: 6.697,093 5,798,647 5,508059 8,045.899. 717194449:
0474:
12aw 3.1I°4 2005 5,742,946 6471'.01 5,831516 6,j x49941 5,545.707~ 8.037162 6,927x49 5576,974 5025.271 8646,204' :-1,%36,5x51 6.91Y
2006 5.6181951 §,x93878 72351a61, 5530.695 6.184.098: 1665145 5985.744; 6.275.424' 7.554.504: 6.238.056 5891.430 to IS7046, 79,888-928' 4.52:5
. -_i , - _ r.--...,.
Raw C 3.4 t' a3 61 2007 6.175 081 - -
S933,.•SBf 8005,415; 5.1471150 8.0041-- 7 -660 -----21 7,--- 304,754, 6,299420 5.7669-- 6.766.999• 4--------- 9$.102.732 5---
Ralcchg3.50'n13.41°h 2008 6.3455131 6443,000 7.663.65di 0455,469 6,553,206; 7,881.753_ 6,341,859 7,7.97,691: 7,868923 6, 590.347 5962662• 9,078,475 84,6S3,070i-
-0.26.1
Rztc3A12009 6,774033; 5,428,789 337,653 13,85? 049 5.942.929. P 6,78&3041 7.766,601 ;,317887 6135072 6026.191 10,882485: B5,454,266~ 0.9214
2010 5,855,1316,407.577. ,.55,249 6384,7,4 5,35920": 9.762758 7217482: :,044332 . 8,U10,061 6.634,102, 6,265.572: 1tl 311 x577 $"613.7061 2fi1N°
LESS Rafiulds 2003 •34.33o, .9,827 , 0781 -134,796 -41 772: -76.328 -422: SD6: 54.164 1,779 579. 46 5941 424 272:
2004 -13431 10605 -6361 _ -872 _ 5963 -151 -129° 4643 -244 -27,318 5758, -4.338 -63.061
2005 246 -65,044', 9094 •2_.666 -1&li. - 10,030 •3,067; •4101 •846 -1,585 0. ..757; .%,051;.
_ 2006 -40,302; •52721 •22,7511 •333_ •$.099', 0 01 •7,568, •806. .5.947 -405; .16,773; 705,296:
2007 - 0 -36231 .2,0131 .729 -9.3267 -1454' -14,440•. 077 01 -5.963 0' -5.0157 -91001. -
- 2009 -9781 c -46.9'741 -1.409 0' -2,375 -4451 -9,493' -1.429 0 -48,521• -500; -112.1231 - -
Less Refunds 2009 -3.335; 01 D -1,111 -602-692 -967: •1,520 2.747 .179,067 -65.331 _ •26,3761 •283,770;
-12 460. -2
-1,646'. -d.2Q4',-7x69 0 141
2010 -3,41591 .68,130; -35,9241 -1.444 -43.920': •3,832 - . • _ 183- .-,234;
_ • _ - _
_
~
Adjusted total : 2003 4740,591 4505,272'1 x023,0151 5074479 64.4_99G1 6.794082 50444751 5)42505 -6257.023 S081BD2_ 5564959 13342901 67G0_L502' -5,221%
t 1.e Chg 3261.1341% 2004 5483406 S.161126 6613.354 5,571 840 5.409.121, 5399.t11) 5,347554: 5,022,025 l 6,696.849'1 5,271129 5,502301. &062569 714 0380;
- 1.01°S
Rte 3,11;:- 2005 $9952% 56769021 _ 6470,431 _ 5,829,852__6.1.'.•4.8,.3, 139.361 5 ,542145j 5,032,9466,426,6071 5575,389: 60.6.711 869144x: 76.340,4q3; 6-87°;
2006 - 5.577995 5,469,15061 7.212,3081 5530333 6,178:998 7,685145 5,935.704 6,267,656 7 _SS3.6941 6.232.110`5890624; 10,180.273: 79783831: 4.5110
Raw Ch93.4 I N1156% 2007 615 0811 o9it 190 8:003,602 1 61=,039 6845984 7,_85.672_ x6458121 7304D77 82994201 6760 968 788 °49'1 10235.967:_-88,091.73: $.70"e
200E 6314.5'36: 6.313500! ,@16.6841 6._40:•0 6.53,206- 7879.3r8 _ 0341.4441 7286 193 76669!1S1, 6 590 347 5,914 341- 9,077.9 75: 84,519,9471 0-23.1.
,140 1 5955.985 5
. 360860'. 10856 x097 85,180.5177 072".:
Ra1c3 411; 2009 5170.5991 5 428.7897337,6531 x60,916 5942,32 7 8.213602 6765337 7,763080 316
2010 5 851,655 0.339447 7 319,8761 6,362.334) 6 345,288`"° 758,42fi 7,215 834 7 04D,127 8,,02 0921 6 63D.102 , 6 253 002 ~ 10 311 744: 67 430472 2.64*/.
_ _ -...i.
2t C:hange(rrohlh) 1357, 167746 -,024%r -5.83% 6.23:6: 1881! 6,30 9.31% 93916 11,47°A 490:a• -50111, j
%Change (YTD) 3.5715! 1 0,D71. 413°.5: -1,879.8 •0.37 3.51°•, 3.52.' 2.05x.; 791 3,66%: 3IO;e; 264%
Sales Tax Revenues Generated in CAGiD (Excluding the Mall) by SIC Code
Apparel Hortte Gen. Auto. GRAND
Food Stores Ealing Places Stores _ Furnish. Merchand7se Tran9pOrf. Cc nstruclion A.il OUters TOTAL
j 'F)n (sales tax ate of 3.41"x) ~ .
195,735 32,879 14,001 107,150 1,595 IG 26.41^ 3'7,%8S
2(19003 30.859 15.271 1036;5 1,762 1.138 32.374 394,061
z1h - 245,340 32,893 !7,680 tit 2'J0 1,773 594 43,04; 453,315
nl - 230,156 43,886 18,233 111.374 2,134 - 23,579 429,364
167,160 43,076 17,708 1341;'1 2,374 - 23,431 493,173
238,548 d1,436 19,CC9 148.369 2.036 15 _ 47,3"_6 4-36498
249,411 37.C•.28 16,08e 137.292
2,572 _ 27,385 470.376
nUSt 273-741 51,6811 16,972 141,552 2.530 - 27.3G5 5"8,891
?el~temt7er - 229,900 49,125 19.74; 142,013 2.302 72 _ 45.934 489,202
obel 245,020 49.037 18.007 t26.311 2,281 25,632 466.286
aember 196,079 36,^,25 15,076 111.384 1,840 22,158 382.562
-:nntbel - 205,742 42,374 22,654 165,745 7,818 78 41,893 484,306
2003 TOTAL 2.735.922 190,890 _ 210.105 1,F50.i7G 25,56C 1,904 392,365 5.457.82E
zoos (sales tax rate of 3.41'%'
2irwarp _ 192.959 26,985 12, 196 86.332 1,918 259 19,475 340,123
I ~bmary 25.631 11-971 87,438 _ 1,854 17 04n" 339,622
t:l;nclt 4- 32.036 15,556 104 6;j 2.139 13 32,825 406.592
.end - 215,919 -4(),616 13,153 106,020 2.083 19.249 29;,041
240,431 44,720 11,492 128,321: 2.404 24,352 451.724
239,795 40,87 423.174 125.:39 2,266 4 43,884 675.333
July 713 242,453 39.957 11,261 114.049 2,490 - 27,565 438,488
Auclugt 381 203,991 41,256 12,597 152,894 2,526 241,627 498,282
^t^.mber - 322 221,251 41.879 15,152 121,752 2,339 28 24,643 437,565
:;,t;-=. - _ _ - 243,779 42.486 12,092 114,31'_ 2,039 24,88; -739.390
November - 173,444 48.240 13,241 13,378 1,_8G8 14,914 370,081
Ilecernbe( 15337 217,915 42.612 24,568 62,31)0 1,799 56 42,309 427,276
z0D9 TOTAL - - 753 2,661,352 468,300 576,450 7,335,919 25,726 360 326,662 5,4 17 522
2010 (sales lax late of 3.41;0
January 1,185 194,670 28.127 10,034 161,383 1,969 16,815 434,763
I bniary 1.367 190,493 25,060 11,700 95180 6,755 17,632 348.215
1-rarch - 1,081 222.050 - 33,253 12.399 108.607 2.189_ 1,239 _ 30.037 410.652
`plil - J- - 1,910 251.648 37.643 7.139 117,414 7.1 C9 22,882 445,775
hlay _ 1,799 259,258 37.937 7.396 139.609_ _ 2,578 - 24,457 4; 3.034
IU(1o 1,190 24'.351 3"0,213 10,644 143 344 2,512 - 6 9-1,682 532.952
Jody 1.!14 :00.452 38,652 6.643 148.851 2,822 30,361 482,944
August 345 267. 1119 44,028 12,234 143,759 2,841 25,876 496,212
September 2,657 247,353 39,102 - 11,309 140,277 2,72.4 15 79,341 522,717
October 1.1, 11 25c.311 43,740 10,274 133,095 -2.557 25,191 474,779
November - 1.651 222 035 37,225 8.821 149,547 2,068 22.299 443,547
[}etE1n1}Br 3,235 237,933 42.314 10,441 132,788 2,11 q 49 53.97(,- 540,6.55
2010 TOTAL 19,2213 2.858 692 441,29 129,630 1.683.B.90 38.244 1,309 440.540 5,612.824
Total iro Change from 2007-2908 -10D-00% -0.73% -8.71% •18.51% •1.37°0 -5.661,0 -82.52% -14.11% -4.35%
Total % Change from 2008-2009 ODIVIO! -4.471/o •4.60% 174.36% -13.79% -0.54% -81.07%a -16,75% -0.83%
Total /.Change from 2009-2010 14.76% 7.42% -5.77% •77.5_1% 25.95^/ 48.66% 263.17% 34,86116 3.70
'Jo Ctlenge Ir01n previous year month -78.91% 9.19% -0.70% -24.94% 121.86% 17.801/. -1170% 26.7D% 26.58%
6iL;M0!DUHhhUFSldmc',F'nanc(al PAg1GUDCET OYCAGIrn dj~GEOB,,'S1r` xls
Sales and Use Tax Revenues Generated in CAGID (Excluding the Mail) by S! ; Code
Food Apparel Honko Geir. Auto. 011iltlinq GRAND
Stores Ealing Places Stores Burnish. Merchandise Transport. Transport Materials Construction All Others TOTAL
2008 (sale3 tax rate of 3.41%) _
Jaiuay 191J.1-ill 32..!379 14,171 108,222 1,595 129.421 15,138 51 ?.569
reL•fon y 211•$74 30,859 15,28 104.381 1,762 3.' 37 2 ,290 393.986
Fdia~Clt 269,817 321193 18.371 111,942 26 1•;68 - 96)B 10? X93 538.450
Aoii! 232,73_0 11~.888 18,329 111.480 2,136 n 479 34.515 447 55,
I41ay . 269.79? 43.082 18 540 134.456 - 2,374 122 754 _ 5F.4Gf)i e4 r A5:3
June 2.41.612!1 f 1-f36 19.780 149.545 559 2.280 4241 6G.699 526.451,1
Jul _ 253.430 37.628 16,098 137.465 2.572 _ 2.991 37.700 487.885
August 276.231 I,G81 16.450 147,565 2.580 3,946 30,605 529,U9o
Seplentbe• _ 3 232 957 49.125 19,999 _ 142.124 31 2,281 27,457 _ 57,588 531.5!,
.ctober 249,214 49.037 18 487 126.11 1 2,281 4,827 36.392 485,650
krlnv~ntl)er 198.512 35,06'5 15,279 111.392 1.840 2.180_ 27.JGt 3S2,58r
L) nt 203,407 42.31 22.951 169,853 37 1,797 1.576 93"781 610,777
2008TOT4L 3 2.842717 457,896 213,760 1,555,135 657 25,263 378.3°5 605,;> 14 6,112.041
2009 (sale.=_ tax rate of 3.41%)
anu vv 195,412 26.985 12.380 86.334 1,914 6,251 29.023 3x8.302
r rb ua'v 187,371 .5.631 12,105 87.359 1.854 G2 24.0113 O.02
MIarC'1 - 227-082 :52.033 16.033 104.,`G•1 30 2144 8 aG.-181
Arid) 2111.654 40.618 13,262 106,054 2.083 _-6.$08 29.1"1?, Gl <rTr •IU2
i•:iay 2.44.356 44,720 11,505 128,33C 2,40.1 2.3,10 _ ^Ft.316 ~U2,2Si5
.Imt9 _ - 244,4 i8 40,871 423.243 125.373 22 2.280 3 332 56_,820 596,5':0
lul 713 244.995 39.95' 11,320 114,057 _ 2.490 1.079 30.171 4<14,78J
Aucust 381 "267.701) 41266 12.310 152,320 2.526 1911 30.390 509.705
aeU1Cr11t1Er 322 223..318 42.346 15.20•! 121.870 9 _ 2.349 3^42 47.653 .15 .G 17
Octobw 248.465 42,645 12,092 114.448 2,039 28 10 Y 31.530 419979
hlovk nbe! - 180,302 48.240 13.297 111390 1,8$8 354 T8, 112 375.143
I7 ce rite 15.337 220.5'1 12.812 24,547 82,•121 53 1,812 1.789 79,284 :69.525
2009 TOTAL _ 16,753 2 697.796 4E°.926 577,698 1,337,324 115 25.767 76.184 451"257 5,551,829
2010 (sales tax rate of 3.41`1«)
a.n;-, L 1,186 196.618 28.127 10 705 181,388 - 1,993 6.754 23,101 455,07!!
reL vary 1,397 193.018 25.063 11,735 95.188 6.767 1.087 21.123 355.31;6
M0101 1,081 224,G99 33,253 12.459 108.656 12 2,189 1.153 9,345 40.839 433,633
A ril 1,910 254,118 37,643 7.211 117,451 7,143 - - 2,891 31,313 45M,78
May 1.799 261 721 37.937 1,461 1313.51.4_ 2.594 985 29.92(i 488
June 1,190 249.307 35,213 10.746 143,350 12 2,535 29,453 104.rCO 5795'5_
Jul 1,164 2635(31 35,652 8,695 148,870 2.852 10,749 34.121 506 156,1
a.upusL 345 269.145 44.023 12.422 143 84 2.8x'9 861 30.4.18 509.975
September 2,65'6 250.631 31,.1 02 11,412 140 526 2,741 _ 1,501 93.491 5 12,090
0cwbEr W 1.011 261.016 •13, r4L? 1U74 133405 2.585 - 13951 32.022 4811.253
November 1.661 223,870 37,225 8.877 150457 2.013 6.039 27.235 457,+138
L':entbel 3.235 239.827 42.314 18,485 185.818 16 2,139 28.610 91.539 _511.9"c.'.
2010 TOTAL 19,226 2,887,736) 4.11,293 130,513 1.688.569 40 38490 1, 153 103.580 565,858'
55.
°.o Cftartr4n from 2007-2008 -99.99% -0.17% -8.71% -19.20% -1.41% -93.13°./0 33.25% #DIVIO! 13137% -10.61°ro -0,32"".
9o Change from 2008.2009 531751% 5.10% -4.48% 170.24% -14.01°0 -82.50°.0 1.99% #DIVIO! -79.87% -25.44`' -7.53°0
% Change from 2009-2010 14.76% 7.04% -5.89% -77.41% 26.26% -64.92% 49.38% KAV/O! 35.96% 25.39% 3.97%
% Change from previous year month -78.91% 8.73% -0.70% -25.00% 125.45% - -69.23% 18.07% IVEAW01 1499.53%, 15.46 0 3062%
S \CMO\UUHPADPS\dmoAFinencial MgABIJDGE I D,1ICAGID dj1GEOBYSIC xl ,
Sales Tax Revenues Generated on the Downtown Mall by SIC Code
Food Eating Apparel Horne 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
f t-bruary 4,664 72.646 23,409 6,947 44.655 ",406 153,728
March 4,832 79,74.6 33,756 8.262 56,540 1,451 184,556
April 674 66,248 40,277 8.146 51,076 4.683 194,104
Paa 4.241^,6.424 41463 10,467 61,920 5,885 220.400
Jure 4,523 95.584 %i3-538 9,347 72,814 6,982 237.789
July 4,290 108,412 45,637 10,148 75,424 4.271 248,181
",.iyust 4,329 107.334 51,540 10.788 59,582 4,551 248,123
Septeinbet _ 4.650 88,425 3-82.772 8,816 56,826 5.483 202.972
-October 4.325 92.890 41,033 8.482 49.799 3,531 2010.059
November 3,870 69,545 31.512 11,609 45.,1142 4,352 '69.230
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 2,44. 2.153
2009 (sales tar, rate of 3.41%)
January 4,623 68,200 26.029 6.623 36.090 6,021 147,586
I ebruany 4.556 66.992 26,718 6,634 32,970 4,934 142,804
F-1arch 1,998 76.675 27,261 7,075 43.881 3,207 160.097
April 3,442 75,481 27,050 6,923 39.203 3,130 155.239
;lay 3,892 87,092 36.974 9,495 53,764 3,171 194.388
lone 4.089 87,800 36602 9,200 57,366 4,522 199,585
i:,ly 3,726 98,159 34,986 10.705 65,387 3,187 216,150
,:W gust 3.119 100,650 51.134 11,537 61,129 5,647 233,315
September 1706 85,732 32,941 10,405 49,957 4,107 186,847
0,,;tcber 3.417 82,456 33.993 10,849 41741 3,420 177,877
November 1,912 67.269 34,432 13,383 45.233 3,639 155.869
December 3,987 61,337 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 29.925 3.562 125,248
February 4,945 63,679 26,728 7,068 31,386 2,829 136605
March 5,283 81,945 30,545 8.491 45,318 185 171.768
April 3,422 75.866 29,722 1,802 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
Jul 3,947 103,856 49,875 13,606 63,089 4229 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
_Oclobef 3.945 91,629 47,398 11.c,16 51.647 7,405 213,641
November 3,574 68,609 35.638 13,757 50,133 5.863 177,575
December - 6,116 71,073 47,241 30,082 95,938 7,584 258,091
2010 TOTAL 50,545 989,989 452,021 145,004 641,389 62,579 2,341,672
Total % Change from 2007-2008 -10.06% -4.08% 22.15% -8.58% -10.73% 171.94% -1.33%
Total % Change froin 2008-2009 -19.40% -6.65% -11.42% 8.07% -15.20% 0.02°x° -9.48°`0
Total % Clsange from 2009-2010 _ 17.37% 3.03% 11.10% 8.09% 4.37% 22.43°,70 5.92°
Change from previous year month 53.40°7,, 10.47°,10 21.95% _ -3.94% 11.61% 2323'/ 11.99
- - 5 C ri01Ct~ IrIlo9Dl',,_In ~.~f i?ri~i~tl 11y',F1l1CrGE1 U I~+__i,Gln i1.7E~iEr;;l~,, ;Is
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
[.1,-1nuar 3.237 68 338 19.765 7.014 42.931 128 575 142.489
I.Februat 4,668 72,868 23.413 (3.947 44,714 34 1,580 154.225
Alarch 4.844 80,004 33,772 8,262 56,599 84 1,916 185.480
aril 3,683 86.681 40,292 8,146 51,233 24 4.759 194,818
i1av 4.278 96,740 41,463 10,467 61.967 - 5,899 220,814
Jane 4,537 96,104 48.546 9,347 72.8811 5,799 7,889 245,102
July 4,301 108.900 45,642 10,148 75,jt7? 352 4,271 249.086
11u ust 4,335 107,770 51,541 10,788 65,656 106 5.085 249,282
September 4,651 88,611 38.773 8,816 57,032 1.649 6.514 206,045
)clober 4.329 93.1016 42:386 8,482 5U,047 3,537 201,967
Hovernher 4,257 69.7:11 31.679 11.609 48 554 92 4, 9U 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%)
J-,muar 4.629 68.628 26). 151 6,623 36,146 123 6.024 148,324
February 4,658 67,188 27.490 6,634 31018 5.115 144,103
March 2.028 77,043 27,301 7,075 43.950 4,720 162,116
F,pril 3,448 75.528 27,060 6,923 39,309 208 3,130 155,608.
3,899 87,470 37,007 9.495 53,835 3,171 194,875
I-C
June 4,289 88,013 36.641 9,200 57,418 - 5,686 201.247
Ju!'V _ 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 21.852 206.302
October 3.649 82.703 34,099 10,849 43,775 3,420 178,495
Neveml)ef 2.041 67.449 34,458 13,31; 45,412 661 1749 G-' 5
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 2907, 62.112 18,620 8,360 297.998 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,C04 29.722 7,802 43,1'12 56 4,041 164.165
may 3,590 85,933 40,603 10.357 52:938 51 5,221 198.693
June 4,102 95.790 44278 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 1:3.341 62.225 544 8,845 239.858
September 4,941 86.504 39,108 10.526 54,668 1,009 6.041 202.796
October 3,1073 92,1%8 47.439 i 1.616 51.685 302 7,410 214,843
November 3,618 68,818 35,71 3 7:57 50,914 46 5,863 178.734
December 6,150 71,324 47.243 3008"2 95,979 27 7,971 258,776
2010 TOTAL 50904 993146 457470 145004 643101 24644 54822 2,379,091
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% 8.091% -15.34% -76.6l''° 31.22% -9.04%
Change from 2009-2010 15.83% 2.95% 12.09% 8.07% 4.45% 1174.10"/° -11.24% 6.13%
"l0 Change from previous year month 50.38"/0 10.21% 21.83% -4.01% 11.40% -53.43% 8.78% 11.32%
S ',CM0IDUHMDPSIcimclFinancial N1a1BUDGE=T DJ',CAGID d~\GFOBYSIC xl
Cuvn,lov:n S+1r~ iex Rlfvrnuc-22 Farr Slleel 71x1! Sa1c5 T, .x F.evenu r:-26
~a• T ,<r:0 3?.C ~ Y, :.41 -,4, ;4t
2000 2001 2002 2003 2004 _ 2005 2006 20077 7008 _2009 _ 2010, 2000 2001 2002 2003/ 2004 2005 2066 2007_ 2000
2009 2010
Janumy 791.595 2e£. 717 tE%d?i? 201 7*9 103911 30'3 ?.t1 35097 ?4C?03 377,70,9 3401"l3 4'54,733 January -159.102 146. 772 127.470 117,837 130222 125.458
149158 756125 141,051 147.587; 12.5,218
Febrrary 327'2" 2n9 , 11; 795. A?A ?01,926 291159 :}34033 351475 38-4 9-:2 W.Kr51 ?70.572 342.21, February 161 372 149,260 127.539 132,592 129,699 145528
168115 151,030 15.3728 142.004 139005
PAOrnlr 3£3 378.067 3 9 34:.345 1 464 4115 RSn 497916 512301 453 °_tb 't Y;,S£2 410 p52 Marrh 202,153 139.146 154'713 1577:0 173.996 181077
166.6[6 190.882 184,556 I60,C91 171.768
IB1 313 :"7 3'i 1,04 ?1}n59 '47}834 381409 407402 •129.910 4^939.1 3J7.f141 445,11 7E April 186,145 163.001 I?8.407 40,541 161,100 1.59,7111
704.642 160.119 194104 55,239 1°,3,310
,1• z-1 1129 ?•19345 211`,312 3136133 21,5, 350 391.043 '144,590 4%1% 491.17'_, x51.724 473.034 May 192336 188445 184.220 175302 186067 190862 202,677
205,859 720,400 194,388 196.355
.nu,r 4316A 403853 4-;'2.1111? 207.239 434(*5 404.051 51?.4?1 °5x":9:59 198.198 117r0.h 532.,57 June 271,117 221265 214,254 193,138 7cm.,Qo3 212,058
221430 242.031 231.780 194,585 220.9c6
.folly 3'3208-1 3;4900 351710 '15'M M.91a 4065.18 447533 d{,!7?c 47031,; 4364119 4,-,8 4 July 226,758 213.226 103,44 183,416 219,019 228,010 231,50
746,109 248.161 216.150 233MI
Auyuot 35'.2^1 14173 M7971 ?1,7,327 3109 jMf 437412 478645 '6.0.591 5101491 498.202 445212 August 226,529 211,912 209.,^"08 193.570 206.106 215,701
22"7.670 2139,5071 246.173 233.1415 238.c31
Raotemtmr 4118524 31?8576 38:511 392815 '134834 4P3061 61084-! '!.17 .1153 469.2•)2 4?7,5!?5 522,7 September 200.844 192719 179.262 182,551 192,600 191187
217964 221.278 202,972. 166047 201_02
;ictobrr ?A7330 3'0=139 5,-V.IrR :;v; 9-A 3P0818 118157 4!,51.7[7 47x3:7 461:•2119 429.390 4.4779 October 203.788 155.282 150.3W 1571169 177,938 189.225
176.159 210.1°8 200.05? 177877 213.541
vr1r•mhrtr 306144 ?:!7g7 315.049 107.55R 31$;51 370.726 201,13-1 478.857 38222512 ?70.094 443,547 November 166,904 158250 160.452 151,473 178,919 173.354
186045 1RS,rYi1 169.23[ 155 NF9 171,575
1lccemher SK .M 44,^,443 441-4)5 435 739 507 725 541.25;1 F45,CM, :15.619 404 3':5 42 7 2:, 54p,655 December 310 629 %63934 240 425 2'54,819 767,493 257.730
249.650 237,997 241 Vii: 230,454 259.091
Totals A,474,71f 4.3f0Ae9 4.196,001 4,120,082 4,575.703 4,047.303 5.353,439 6,705.886 5.457,028 5,412,522 6.912,924 Totals 2,522,550 2,273,232 2,110:074 2,054,148 2,235,004
2,266,427 2,396107 2.47,085 2,442,154 2,210,122 2341672
1 xu ..ne rwu n 164,622 " 13.998 •176,009 •111621 411,680 406,050 352,457 - 248,Ofi8 - 45,305 200,302 s dw,ys linrn pi10, yr - 245,3 3 -163,153 - 55,926
180,856 31,423 129,680 78,978 - 32,932 - 231,431 130,9511
7" 1: h1 ^711$. ~1^, 1T;, F5 .q3"6 L`6;, o ~cn~nga o-om pnm V, .^.9".4, 7:,0 2711:, 9141, 5?•„ 33`,r~ °n?•;
Total Unwntown Saks Tax Revenue (CAGKj and Pearl 5t)
3211 3.26 326 3.41 41 3_1 35e. 341 3A1 341
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Januar-, 456,687 433,091 423,692 399.626 434.133 428.679 500.130 482.428 518,849 487.710 560.031
February 430,697 438,377 423,367 414,518 423,848 480,561 52`,590 535,979 547,789 473,426 484,820
March 585,368 577,203 514,052 505,065 560,462 587,831 624,521 704,243 637,871 566,690 582,620
April 512,926 486,373 525,059 462,299 503,934 541,195 612,044 610,029 623,468 552,281 609,595
May 535,074 537,790 549,562 039,985 555,417 582,705 647.568 696.047 713,579 646,112 669,398
June 702.675 629,938 636,336 590,377 634,909 676,115 733.917 799.000 736.287 1,074,918 753,018
July 578,852 568,134 538.463 518,676 598.929 634,356 679,183 702,834 718,557 654,639 727,545
August 579,790 586,085 589,179 544,903 596,047 653,113 706.316 740,097 767,013 7322,097 734,903
September 617,468 591,295 563,876 535186 627,434 684,271 722.706 789.130 692,174 624,411 723,979
October 591,118 515,621 482,548 518,967 567,706 607,382 635366 688.559 666,347 617,267 688,420
November 473,048 5'3,037 476,101 454,071 497,670 544,120 469,1 1'8 S02,818 551,792 535,953 621221
December 873,598 706,371' 683,930 690,557 770.218 793,483 896,526 829.816 726,256 657,741 793,946
Totals 6,997,301 6,583,321 6,406,165 6,174,230 6,770,707 7,213,810 7,749,546 8,180.981 7,899,981 7,623.245 7,954,497
S change fiom prior yr - 413.980 - 177,156 - 231,935 596,477 443,103 535,736 431,435 - 281,000 - 276,736 331,252
change from prior yr -S 9% -2.7% -3.6% 9 7% 6.5% i.4°, i.6Y; -3.4% -3.516 4.3711
3 year avo change -4.1% 1.1% 4.2% r.512% -0.5% -0.9%
Total CAGID/Pearl Street
Sales Tax Revenues
.2r;o.ooo - -
I ~
1,00o,noo i ( - 2000
F ( 2001
aon,ooo
- -3K 2003
2004
t 2005
400 OOC +-2006
i
- 2007'k
200.000 i 2008
2009
- . 2010
°4~ r~4 ~Q~ ~xa )~c0 5J~ a~~~ tee` °~0` met tee`
)a oc P~ QZIP U~~ o e.~ OGe
e
CAGID and Mall Yearly Summary 't„ U.art does not factor change in sales tax i we CAGID and Mall Yearly Summary tt' s mart does net Faeter eflb,-je in Sales tax rite
SALES and USE Tax Breakdown by Industry Category SALES Tax Breakdown by Industry Category
Eating Apparel Home General Food Eating Apparel Horne General
Fcod Stores Places Stores Furnishings Merch All Other Total % Chsrge Stores Places Stores Furnishings Merch All Other Total % rhacoc
Dee-10 .7C,1;f0 53,Rg0,876 5698.763 5,275.517 $2,331,670 $791,,569 S8.255.545 4591/,. Dec-1U -1 6;1,771 5:1,8418.66' $893,314 S274,634 $2.325,279 $5'12.750
57,954,439 434'+6
1% 4714 i . 3% 28 1J"io 1001/1 lyl481/1 1 i 1/6 :5%r 213 T:4100%
2CC9 $C0,702 53,662,530 5'877.()50 3711,8138 91.953,052 5628,296 57,893,497 -7.96% 21309 559,819 S3,622,199 $875.174 5710.593 S1,951,596 $/03,863 $7.62:3,245
-3.5036
1%, 401". 1l`~ 9'6 25% a1A 100% 1% 48% 11% 9% 2R% 5% 100%
2CG3 $5:3,950 $3.874.1,69 $952.369 $337898 $2.282.469 $1,07"%446 $8,576,608 -0.74e 2068 $53,433 $3915,2;35 5950.225 $331,234 52,275.639 $471,240 S7,899,981
-3.43x:
45% 11% 4% 27% 133; 100 io 1".~ 481A 121 4% 29;4 6% IQa%
W07 $96=98 $3930,574 59152'th $400;335 $2392.682 $910,116 $8,644,930 -1.59% 2007 $95,798 S3,879,5C1 Sy 13775 5393.603 52,31A,296 $51,019 58,180.991 557,,,
1% 45°x- 11::, 5% 28% 11'/a 10'3°r'0 1".'a e N. 1151. 5;W 29% 6% 10000
2006 S89,498 S3.fi49, t°_•1 5896,310 $411,471 52,31.3,441 $1,422,740 $8,784,613 1487'% 2006 $89,106 53.607.336 5897 115 5386,962 52,295,259 (473.767 $7,749,546
7.41%
1% 423 10./ 26% 16% 103% 1% 47% 12% 5% -30% 6% 100%
2005 $85.VA $3,421.618 S861002 $389,093 $2,167,694 5715.309 97660,859 7R1%. 2005 $86,0':9 53.373.671 S86+3079 $381,806 52,155,216 $338.119 $7,214,809
6.61%
1% 45% 32'X- 6% 28% 9% 100% 1% 47l0 1274 5% 30% 5% 10D%
2004 $;3.887 S31A1,620 S901648 5:19:`l :a 12 52.089.921 5493,1:0 $7,106,198 1,351 2(704 $8'3,374. S3.084.75 $9133.711 $390.337 52,085,655 $2218,867
56.767,708 9.61%
1% 14% 29% 7% 100% 1"i0 46`10 151; 6% 31% 3% 100%
2003 $711,145 $2742,867 S845180 S369 ,3:A $1,973.549 5986,479 $7,011,574 -2,78°S x90.'• $72„545 $2,702.412 3840.575 3354,141 51,964,846 $239,710 $6,174,230
-3.57%
11116 39115 12^~;• b! 28% 14 % 170% 1% 44% i4% 6% 32% 4% 100%
2002 $72.007 $2,854,183 5875.15x1 5461,.839 $2,008,573 $936,332 57,21^,.73. 0.42% 2752 572,115 52,79,..',10 $872.641 $436,777 S1,997,807 5227,529 $6.402,960
-2.740!
11/1 40% 12°%; 61,1c 2,-% 13%: 100% 1% 44,6 14% 7% 31% 4% 10011;
70]1 576.359 52553,126 5972.296 54139,8.8 52.064,318 5727,223 57,151,816 -6.260! $73,248 S7 75F,.!21 S5709?5 $486.186 52.043,123 5253,717 $(i,S83,320
5.92%
1 h 4011& , 7% 2t) 10% 100% 1 % 42% 17% 31% 4% 100%
20!)0 S72,675 12.740.325 St 157,127 $535,257 $2.156,961 5982.496 $7,648.866 7.74% 10;]rl $72,499 52.706.001 51,'54.714 $538703 52,141,271 5364,715 $6.947,303
1% 151re 1% 2p% 13% 100% 39% 1-% 8% 3% 09%
1999 $91,9712 S2,333.7NF S1,17F;-3213 $49 423 S2.06f.,272 $434,543 57,099.279 11.62% 1999 $90,77/ S2,2!i7110 S1.177,775 5493,467 $$2,052,375 $356,398
$6457,908 9.13 E7.,
t% 33% 1745 '2,914, 13`5 100% 1 % 35%6 18$1 8% 32% 6% 100%
1998 M,134 52,1 S1 0901 GO 5438,127 $1,756,311 $834265 $6,7130.047 6.35% 199(3 588255 $2128.ZA5 5',D86.6;;4 $438.230 $1,743,427 $391,001 55,875,832
3,72°,S
1% 343 7% 28% 13% 100% 7?;, 36% 18^% 7k 3a% 7% 10046
11x47 $99,373 $2,027,812 57£3t?.tlQri 5423,585 51,944,035 $697.436 $5,980,247 5.54% 1997 S96913 S',9SS,e.39 5777.595 „422,810 51,917,831 $462,187
$5,614,875 4.21!
27. 35°k '.4fo 7% 34% 8% 100%
2,6 34% `:3"c 74% 334 17% 100%
1 A9G 596,564 $1,695,92C 5738.135 5436,004 52-0.17,401 $419,507 666,237 9.99% 1°9E; $96,211. $,,161,1.87 $73E,297 5423,917 $1,974,589 5330,772
$5,43f>,073 1247%
2`ro 3346 Y. 36% II% =501 2% ;54% 14% 8is 36% 6% 100%
995 592,07 $1,724,7711 S588.726 5:392985 S1,731,151i $620,819 $5,151,51jB 5.8956 1,:'95 $90.727 $1693118 $5£18494 S'389,699 $1,699.384 $371.610 $4,833.102
4.19%
2! 333 119 124<, 10!)°-; 35% 126 6% ab1, 8% 101)
1994 $93,338 51,51611 51(17 83L` S44c,2:51 C7.i00,765 5474k21 Sh 8'9.522 1894 1' 12,>i12 21.!-03.106 $587.403 3442,029 $1,694;2.4 $318,724 S4,f>39,01.5
2`.v 21°~ S', 35°' 514 1,,J".v X°r 3'L% i3!fr 10% 37% 7% 0016
City N1de Yearly Summary
CAGID and Mall Sales and Use Tax as a Percent of Total City Wide Sales and Use Tax
Eating Apparel Home General
Fcod Stores Places Stores Furnishings Merch All Other Totai
Ccc-10 $11,130,533 S-10,930262. $2,690."372 $'959 456 S19,279,577 $38940,102 $3 x,430,472
'1% 36% ;3 % 5% 12% F", 9.4%
24109 .1.11,'.6;=.=(I9 510.677,340 82,626!020 $4:i0z3$3 $1751.5.002 539,002,103 $85,190,5+%
1 I 35% '335 17% 11% 2 ro 9.31/.
Ct!5 411.204.475 L1p,910 r, 5 S2,6 f9260 54627(.35 $18,101,297 536,708,245 S84,570.947
0% 361k 3445 7'Y 13% 'd47, t01?A
2077 511,205,584 $10,888,135 $2.804,3iI S., 522,090 518,040,152 $39,631.459 SF6,091731
I l 33'_ 7'b 13% 2% 5.F. `.i
2006 $10,392,069 S5,582.212 $2424.894 S4611-056 535.402,5417 $37.371.060 573.783,631
".00 38% 174w 3%. 15% , 4% ,1044
2u.'S 510048,723 $8,91)5,846 52.'02.366 54461.786 $14,587,419 135.88'L.360 Sh",,345992
1% 3A% 5% -15% 2% 100%
7
2004 550.148,861 $8.687,755 $2,232.147 34,1',8,312 514,121007 $32,171,342 "471,43138
i% 3F% 41;, '0'% 15% 2% 9,9%
21][17, 82052,658 S7847.285 S20469`1 $3.922.549 $?3.115.423 531,552,637 567,607,W3
1% N', 4 1, 10% 151 3% 1011.1.
2:W 59294397 $8,133,227 $2 WF.305 S4 04.992 $13572,651 $33,815.600 571.327,182
1% '','?11 ro 15% 3% 10,19
2701 $9,312 676 $£c,3ts,i,1 SO 5214602' S4 537.112 $15,553,607 S38 e179,526 $78,713 332
1% 344, ;W7 I i % 13% 2% 9.1'41
2!I OL' $9:180,9'0 S8,484,W 53.159,217 S5915,794 $17,387,211 536,269,737 580,797,515
1% 32% 3r'`!; 946 12'0 9.5`3,
1559 $9,207.721 P11Ku48 53,359,914 $6:>r,+:',.-1.191 =1"7'0;}8.8;94 533,893,706 $76,314.092
t% 30T :15116 9% 121i" 3% 9.2%
I c53 $,,932,097 $7,409,1)94 S3,2L2 729 53,570,148 515,736.140 $3.637.104 S69,507,G12
1% 291; 11,% 3:6 9-1%
19'77 S7.739,779 56,797.237 $2,761.018 53,1'25819 515,439.159 S2E.494,047 554,38O.334
1% 304: 23;6 % 13% 2% 9.315
1996 $7611.055 SG,814,561 $27E21=9 .52 515.'1 `.,9 ;C 52b975,573 S81,957,8&6
SiCN,p10UHMOP~'tdmc,E,nancial iAtp3L'~GF1 GJlCAG10 djtGEOHY'SIC 7Js
MEMORANDUM
TO: Downtown Management Commission
Molly Winter, Executive Director
FROM: Donna Jobert, Financial Manager
SUBJECT: January -December 2010 Revenue and Expenditures
PRELIMINARY - UNAUDITED
DATE: 3/212011
Shown below is a summary January-December 2010 revenue and expenditures. The 2010 budget and 2009
actuals are shown for comparative purposes.
Revenue received is 97.6% of budget YTD for 2010 and $88,866 higher than the same time period 2009.
Short term garage revenue was 98% of budget in 2010 and $85,532 higher than the same period last year
Long term permit revenue was 92% of budget in 2010 and $53,5D4 higher than 2009_ There was a 5% rate
increase in 2010, so the amount above 2009 should be greater. Several garages, especially at the east end
had permit vacancies. We agressively oversold some of the west end garages to make up some difference.
In 2010 (here is a difference between the amount of street meters budgeted in CAGID and the total revenue budgeted..
This is due to "bifurcation" The total revenue for 2010 meters is $2,270,446 but the GF transfer to CAGID is $1,725,000.
Rental income is below last year. There are vacancies and many of the teases have been reworked to help tenants.
Property tax is slightly above last year.
1000 Walnut tax revenue is alsu above 2009 in part due to a payment from St Julien of $127.651 for maintenance 2D04-2009
The balance of the 1000 Walnut increase is primarily due to property tax
Expenditures for 2010 equal 90.4% of budgeted expenes and are $372.750 below last years expenditures after the entries
for the bond refinance are removed.
Operating expenses are 83.9% of budget to date and $131,35E higher than 2009.
Nan operating variances are primarily due to debt payments and capilat improvement variance
We watched expenses closely to match reductions in revenue with decreased Spending.
CAGID Jan-Dec 2010 REVENUES
2010 2010 2009
Revenue Approved % of 2010 Revenue 2009-2010 2009-2010
ACCOUNT Collected Budget Budget Collected Collected S Difference % Difference
Property Tax 1,003,158 990,077 101.3% 9314,403 18,755 1.9%
Specific Ownership 49,621 65,000 76.3% 53,901, (4,282) -7.9%
Subtotal TAXES $1,052,779 $1,055,077 99.8% $1.038,306 514,473 1.4%
5roadway/ Spruce 170,888 160,000 106.8% 163,301 7,587 4.6%
15th. & Pearl; S.T. 175,183 195,000 89.8% 178.003 (2.820) -1.6%
'th & Spruce/ S_T. 338,404 355,000 95.3% 313,767 24,637 7.9%
m & Walnut/ S T. 222,524 245,000 90.8% 200,967 21,557 10.7%
'4th & Viatnutt S T. 86,198 70,000 123.1% 73,823 12,375 16.8%
1 Csth & Walnut] S.T. 301,252 280,000 107.6% 277,003 24,249 8.8%
alidation Stamps 69,755 54,500 128.0% 70,155 (400) -0.6%
Gsrage 20 day Pass 33,400 55,000 60.7°/% 33,600 (200) -0 6%
sh Pass/Value Card 7,446 16,500 45 1% £,899 (1 A4 -16'%
Subtotal SHORT TERM PARKING 51,405,050 $1,431,000 98.2% $1,319,618 $85,532 6.570
11th & Spruce; Permits 364,474 355,100 102.6% 351,091 13,383 3.8%
14th & Walnut/ Permits 219,175 321,180 68.2% 243,076 (23,901) -9.8%
14th & Canyon 53,923 55.420 97.3% 53.159 764 1.4%
15th&Walnut 503,756 515,160 97.8% 480.033 23,123 49%
lth & Walnut/ Permits 27;3,861 259,700 105.5% 259,775 14,086 5.4°!
15th & Pearl/ Permits 655,840 731,400 89.7% 636,421 19,419 3.1%
177`, 14th 44,157 43,684 101.1% 41,?45 2,412 5.8%
74514th 71,223 71,720 99.3% 69.045 2,178 12%
'4';iit List/Over-Under/CC fees -510 0 1,950 1.440 -738%
Subtotal LONGTERM PARKING $2 195.899 $2,353.'364 9 2.9% 553,5;4 27:
CAGID Jan-Dec 201D REVENUES continued from Paye 1
Tokens 9.707 13.214 73-5% 9,481 226 2 41/
Meterhoods 18,713 56,500 33.1% 39,921 (21:208) -53.1%
Cash Key 111 0 -2.84' 2,730 -96 1".
Meters (Transierfrom G.F 2,270,446 2,150.000 105.6% 2,206,19,1 64,252 2 9%
Amount returned to GF from meters (545,445) (425,000) 128.3% (254,194) (291,251) 1146%
One Boulder Plaza 15,625 15,625 100.0% 15,625 0 001/1
Subtotal METERS S1,768,935 51,810,339 97.7% $2,014,186 (5245,251) -1221
Interest 35.545 32,303 110.0% 43,819 (8,274) 18 y°.
101h and Walnut TIF/InteresUMise 1,543,747 1,403,122 110-0% 1,327,149 216,598 16.3%
Rental Income-11th & Spruce 21,947 48,000 45.7% 36,829 (14.882) -40.4%
Rental Income-15th & Pearl 98,953 174,000 56.9% 124,011 (25,058) -20.24b
Rental Income-Kiosks 32,441 48,000 67.5% 23,446 8,995 38 4%..
Rontal Income-ATM Randolph 1,306 2,000 65.31/o 1,623 (317) -195%
Miscellaneous 28,154 19,013 148.1% 24,608 3,546 14.4%
Band Refinance 6.116,860
TOTAL 58,174,756 $8,376,218 97.6% $16,202,750 S88,866 0.5%
CAGID Jan-Dec 2010 EXPENSES
2010 2010 % of 2010 2009 2009-2010 2009-2010
ACCOUNT Expense Budget Budget Expended Expense $ Difference % Difference
Parking Services Personnel 837,010 856,730 977% 764,618 72,392 9 5%
Parking Services Non-personnel 683,213 989,215 69.1% 701,884 (18,671) -27%
DUHMD Personnel 552.809 568.440 97.3% 514,377 38,432 7.5%
DUHMD Non-personnel 198,864 301,824 65 9% 180,539 18.325 10.1°/
BID/DBI contractual Services 82,524 90.725 91.0% 61,646 20.878 33.9%
Subtotal OPERATIONS $2,354,420 $2,806.935 83,9% $2,223,064 $131,356 5 9%
Cost Allocation/Benefit fund?trans`ers 212,261 212,261 100.0% 170.419 41,842 24.6%
Debt Service 957,76D 957,760 100.0% 9.147.799 (8.190,039) -89.5%
10th & Walnut construct/Debt Service 916,844 916,844 100.0% 924.722 (7,878) -0.9%
10th & Walnut excess Tax Increment 800,918 676,713 118.4% 795,934 4,984 06%
Mail Improvements 520,866 600,000 86.8`/0 508,771 12,095 2.4%
Capital Maintenance/Improvement 1,374,828 1,755,869 78.3% 1,872,740 (497,912) -26.6%
Eco-Pass Prog. 678,543 792.173 85 7% &84,930 (6,387) -0.9%
Capital Replacement Reserve 22.435 177,775 125 1% 20C.105 22,330 11 21b
TOTAL $8,038,874 56,896,330 90.4% &16,528,484 (58,489,610) -51.4%