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�; City,t <br />Louisville <br />COLORADO • SINCE 1878 <br />CITY COUNCIL COMMUNICATION <br />AGENDA ITEM <br />SUBJECT: <br />SALES TAX REPORTS FOR THE MONTH ENDED AUGUST 31, <br />2013 <br />DATE: OCTOBER 15, 2013 <br />PRESENTED BY: PENNEY BOLTE, FINANCE DEPARTMENT <br />SUMMARY: <br />Attached are the monthly revenue reports for sales tax, lodging tax, auto use tax, <br />consumer use tax, and building use tax for the month ending August 31, 2013. Also <br />included are monthly reports on sales tax revenue comparison by area and by industry. <br />The total for all revenues ending August 2013 is up 11.4% YTD over 2012. <br />The month of August 2013 ended with sales tax revenue up 5.2% over that of August <br />2012. YTD sales tax revenue is currently 2.5% above budget. <br />Sales tax revenue for the top 50 vendors increased 4% for the month of August 2013 <br />with YTD gains currently at 4.7 %. Gains YTD include Grocery (9.7 %), Restaurants <br />(5.6 %), Home Improvement (4.3 %), Telecom /Utilities (2.8 %) and General Merchandise <br />(0.5 %). The declining sector in August was Hotels (- 2.2 %). <br />Lodging tax revenue for August 2013 decreased 9% from August 2012 and is currently <br />5.8% below budget. <br />Auto use tax revenue for August 2013 increased 40% from August 2012 and is currently <br />14.2% above budget. <br />Building use tax revenue for August 2013 increased 38% from August 2012 and is <br />currently 116.6% above budget. <br />Consumer use tax revenue for August 2013 decreased 75.5% from August 2012 and is <br />currently 58.6% above budget. <br />CITY COUNCIL COMMUNICATION <br />6 <br />