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Cityot <br />Louisville <br />COLORADO • SINCE 1878 <br />CITY COUNCIL COMMUNICATION <br />AGENDA ITEM <br />SUBJECT: SALES TAX REPORTS FOR THE MONTH ENDED MAY 31, 2015 <br />DATE: <br />JULY 20, 2015 <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 May 31, 2015. Also <br />included are monthly reports on sales tax revenue by area and by industry. <br />The total revenue for the taxes contained in these reports through the period ending <br />May 2015 is down 0.2% YTD over 2014. <br />Sales tax revenue for the month of May 2015 ended with revenue up 1.6% from May <br />2014. <br />Sales tax revenue for the top 50 vendors increased 3% for the month of May 2015. <br />Gains YTD include General Merchandise (2.1%), Grocery (22.5 %), Hotels (11.1%), and <br />Restaurants (5 %). The declining sectors include Telecom /Utilities (- 10.7 %), and Home <br />Improvement (- 4.7 %). <br />Lodging tax revenue for the month of May 2015 increased 15.4% from May 2014. <br />Auto use tax revenue for May 2015 increased 8.6% from May 2014. <br />Building use tax revenue for May 2015 decreased 41.9% from May 2014. <br />Consumer use tax revenue for May 2015 increased 68.4% from May 2014. <br />CITY COUNCIL COMMUNICATION <br />108 <br />