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04.15.15 UHCAMC Packet
UNIVERSITY HILL COMMERCIAL AREA MANAGEMENT COMMISSION REGULAR MEETING – April 15, 2015 9 – 11 a.m. Council Chambers, 1777 Broadway AGENDA 1. Roll Call 2. Swearing In of New Commissioner – Lisa Nelson 3. Approval of the March 18, 2015 Meeting Minutes 4. Election of Officers 5. Police Update - Trujillo 6. Public Participation 7. Historic District Overview – Marcy Cameron 8. 2A Project Coordination Introduction – Jason Fell and Brian Wiltshire 9. Hill Boulder Update – Soifer 2015 Events Grenadier Creative Brief 10. UHNA Update – Nancy Blackwood Spring Cleanup Day Update 11. Parking Services Update – Matthews 12. Matters from Commissioners Motion on Grandview Site 13. Matters from Staff Budget Update - Jobert Hill Reinvestment Strategy Update – Wiebenson April 28 Council Study Session o Year – Round Resident HCA Survey Results o Commission/Council Liaison List Assignments Retreat – May 2015 Attachments Meeting Minutes Sales and Use Tax Revenue Reports – January 2015 2014 Year End Financials Police Stats Council/Commissioner Liaison List HCA Survey Results Grenadier Creative Brief Upcoming Meetings: May 26: City Council Study Session - HRS Commissioner TermsUHCAMC 2015 Priorities : : Soifer 2019 (business owner) - Establish baseline/benchmarks for Hill Reinvestment Strategy Griffith 2015 (resident) - Determine feasibility of Hill employee Eco Pass program Rubino 2018 (business owner) - Extend Hill Community Development Coordinator funding Raj 2016 (resident) - Pursue anchor tenant and public-private partnerships on UHGID sites Liguori 2017 (business/property owner) - Pursue short-term incentive program for building improvements - Enhance communication and coordination with CU - Integrate arts into planning for ‘Event Street’ - Evaluate liquor restriction impacts - Greater engagement with Hill Commercial Area Community CITY OF BOULDER, COLORADO BOARDS AND COMMISSIONS MEETING MINUTES NAME OF BOARD/COMMISSION: UNIVERSITY HILL COMMERCIAL AREA MANAGEMENT COMMISSION NAME/TELEPHONE OF PERSON PREPARING SUMMARY: Ruth Weiss – 303-413-7318 NAMES OF MEMBERS, STAFF, AND INVITED GUESTS PRESENT: BOARD MEMBERS: RAJ (absent), GRIFFITH, SOIFER, RUBINO (absent), LIGUORI STAFF: WINTER, WIEBENSON, JOBERT, MATTHEWS, TRUJILLO GUESTS: NANCY BLACKWOOD, MONIQUE COLE TYPE OF MEETING: Regular March 18, 2015 AGENDA ITEM 1 – Roll Call: Meeting called to order at 9:22 a.m. AGENDA ITEM 2 – Approval of the February 11, 2015 Meeting Minutes (Action Item Below): AGENDA ITEM 3 – Police Update: Trujillo said the Hill was busy for St. Patrick’s Day from 3 - 6 pm and picked up into the night. The Commander was on call all night. Code Enforcement was out last night and today checking areas for red cups and trash complaints. Summons will be issued for some parties. Trujillo said that the Smoking Ban goes into effect tomorrow and the Police Department will be taking an educational approach with the public to the ban. Liguori questioned businesses and the Smoking Ban. Trujillo commented that bus stops are non smoking. Wiebenson said that the Stakeholder Update will be out tomorrow with the details of the ban. AGENDA ITEM 4 – Public Participation: None AGENDA ITEM 5 – Hill Boulder Update: Soifer said there are six events planned on this Hill. After the Hill cleanup day, there will be a Father’s Day Cookout with outdoor cinema and multiple restaurants participating. There will be a gigantic Slip and Slide in July, May has a Hill by Southwest event; a block party is planned when students return in the fall; and the Light the Hill winter holiday event will return in November. The Hill Boulder coupon book should be completed in a month. Winter said there is a request for UHGID financial support and Herring will be assisting with street closures. Liguori questioned the steam cleaning of the Hill and Matthews replied it happens prior to CU graduation and again in the fall prior to Parents Weekend. th AGENDA ITEM 6 – UHNA Update: Nancy Blackwood, UHNA, said Fund a Flower/Plant a Pot event on 13 Street will be in partnership with the city and CU on April 18th. UHNA will be sponsoring two pots and raising funds to st sponsor another four. An event flyer is also being prepared for distribution to recruit volunteers. March 31 is the Executive Committee Meeting to include some CU staff. The next UHNA meeting will be held at SPARK at the end of th April. May 16 is another clean up day, focusing on the cemetery, and they are looking for volunteers. UHNA is looking to hold an event on the summer Solstice at the cemetery with box dinners and family friendly atmosphere. It will be a fund raiser. AGENDA ITEM 7 – Parking Services Update: Matthews said approval has been given to start 2A projects. AGENDA ITEM 8 – Matters from the Commissioners : Motion on Grandview site will be on April’s agenda. Thank you to Griffith from commissioners and staff for her service on the UHCAMC commission. Winter acknowledged Hillary for her visionary ideas and input. Liguori suggested having a standard street closure traffic plan and Griffith offered that each time a closure occurs, the traffic plan company charges for changes including just date changes. Winter mentioned that Wiebenson could be helpful with events. Fencing and liquor at events was discussed. Soifer mentioned the transparency for Hill Boulder events funding, availability to acquire and parameters of events. Winter said CU would like to have the Homecoming parade downtown in 2015. AGENDA ITEM 9–Matters from the Staff: Winter said the Moratorium has passed, Boyers is moving forward with his proposal; looking at a historic district and working with Planning staff to verify if the Hill is eligible/qualifies; educational outreach to the community on the historic district criteria forthcoming; revenue and organizational structure was discussed for business districts. Wiebenson reported she is drafting a memo regarding the State of Hill for the upcoming Council study session, which includes establishing baseline conditions. There will be data measurement points and a survey. Winter mentioned the direction from city council. Wiebenson said policy recommendations and initiatives will be available at the next meeting. Soifer suggested the EcoPass initiative is encouraging and huge; rescinding the liquor ordinance with a hotel on the hill and the CU conference center should also be addressed. Winter suggested someone from licensing to attend the next UHCAMC meeting. Wiebenson continued with information on a possible façade improvement program, which could include a revolving loan fund to facilitate private investment on the hill. She invited the commissioners to raise any other issues they would like communicated to city council. Soifer suggested increased marketing and advertising on the Hill to generate additional revenue. Wiebenson discussed the Ecopass feasibility study results, which showed that the Hill meets the criteria for a master contract with RTD. Parking and its demand both residential and commercial was discussed. Soifer questioned bike parking on the Hill. City Council member liaison list was discussed by Winter. Liguori suggested waiting for new commissioners to make assignments. Retreat in May, election of officers in April. Winter said the budget season begins shortly for the city. Jobert mentioned that the city has changed financial systems and can bring the end of year budget to the next meeting. Jobert said that the marketing budget has not increased in years along with other line items that are non personnel. Meeting adjourned at 11: 05 a.m. ACTION ITEMS: MOTION: Liguori motioned to approve the February 11, 2015 meeting minutes. Soifer seconded. Motion passed 4 -0, with Griffith absent. FUTURE MEETINGS: April 15, 2015 Council Chambers Regular Meeting APPROVED BY: UNIVERSITY HILL COMMERCIAL AREA MANAGEMENT COMMISSION Attest: Ruth Weiss, Secretary Dakota Soifer, Vice Chair 2 City of Boulder Sales & Use Tax Revenue Report January, 2015 IssuedMarch 27, 2015 This report provides information and analysis related to January 2015 sales and use tax collections. Results are for actual sales activity through the month of January, the tax on which is received by the city in the subsequent month. For clarification of any information in this report, please contactCheryl Pattelli,Director of Finance, at (303) 441-3246 or pattellic@bouldercolorado.gov. PLEASE NOTE: Pursuant to a vote in November of 2014, the sales and use tax rate changed on January 1, 2015 from 3.56% to 3.86%. The additional 0.30% tax was approved for a three year period and is earmarked for "Community Culture and Facilities." Actual dollars collected in the report may show as being higher in 2015 solely because of the tax rate increase. However, the percentage changes included in this report have been "normalized" to be able to compare the actual increase or decrease for this year compared to the same period in 2014 as if the rates were the same. This "normalized" percentage better reflects the underlying economic activity in the city and enables city staff to more readily determine if revenue targets are being met. REVENUE COMPARISONS TO COMPARABLE PERIOD IN PRIOR YEAR The report for January presents summary level sales and use tax collections. Historically, remittances in January and February have been somewhat erraticand do not provide sufficient information to extrapolate trends for taxable tax activity later in the year. A more detailed analysis will be included in the March 2015 report. As reflected in Table 1, “normalized” Sales and Use Tax has increased from the comparable 2014base by 3.67%. Due to timing issues this report contains two returns (different filing periods) for the month of January 2015fromtaxpayers who file thirteen periods instead of twelve. These filings affect the Food Stores category. TABLE 1 ACTUAL SALES AND USE TAX REVENUE % CHANGE IN TAX CATEGORYREVENUE% OF Increase/(Decrease)TOTAL Sales Tax6.50%80.57% Business/Consumer Use Tax38.99%11.06% Construction Use Tax(50.14%)4.53% Motor Vehicle Use Tax1.93%3.84% Total Sales & Use Tax3.67%100.00% DETAILED ANALYSIS OF MAJOR CATEGORIES The following monthly information is provided toidentify trends in the various categories.While this information is useful, it is important to remember that relatively small aberrations (like the timing of remittances by certain vendors) can make relatively large monthly variances.Particularly near the beginning of the year, limited months do not necessarily define a trend. Retail Sales Tax – Januaryretail sales tax revenue was up 6.50% from that received in 2014. 1 Jan 6.50% Food Stores - Retail sales tax revenue for food stores was up 46.51% from that received in 2014. The increase is due to companies who file thirteen four-week periods instead of reporting monthly. Companies who file thirteen four-week periods do so because of reporting purposes. Each reporting period has the same number of days in the period. Since the city reports monthly, there will be one month out of the year where our report contains two filing periods. Jan 46.51% Eating Places Sales at are both an important revenue source (Eating Places comprise approximately 14.00% of sales/use tax) and are often an indicator of the health of the economy in the city. This discretionary category is often correlated with disposable income and consumer confidence. Total January retail tax at Eating Places is upby 4.82%. Jan 4.82% Apparel Store retail sales are down by 29.55%. Jan (29.55%) General Retail is up by 1.97%. Jan 1.97% Public Utilities (primarily retail sales tax on natural gas and electricity) are down by 9.06% for the month of December. Tax on Public Utilities comprises approximately 6.00% of total sales and use tax revenue. Even as natural gas prices and rates increase, the direction for this category may be uncertain if conservation strategies are successful and businesses significantly cut their energy use. According to a 2006 study by the City of Boulder, commercial and industrial sector energy use makes up 83% of Boulder’s energy use. TOTAL MARIJUANA REVENUE The latest revenue source for the City of Boulder is the sale of both medical and recreational marijuana. These sources represent 1.07% and 1.14% of the total sales/use tax collected respectively in 2014. The saleof medicalmarijuana generates: 3.86% sales and use tax on product sales paid by the purchaser and/or costs of any construction materials, furniture, fixtures, or equipment paid by the business. recreationalmarijuana generates: The sale of 7.36% sales tax on product sales paid by the purchaser (3.86% base and 3.50% additional). 7.36% use tax on the cost of any construction materials, furniture, fixtures, or equipment paid by the business (3.86% base and 3.50% additional). A 5.00%excise tax paid by the grow facility when shipping product to dispensaries and/or marijuana infused product facilities. A "share-back" of certain State of Colorado revenue. The State collects a 10.00%tax on recreational marijuanasales and "shares back" 15.00% of that 10.00% toeach city where such revenue is generated. 2 A summary of all year-to-date 2015 marijuana related revenue follows: Total JanuaryMarijuana Related Revenue Medical marijuana: 3.86% Sales/Use Tax$120,989 Sub-total Medical marijuana revenue$120,989 Recreational marijuana 3.86% Base Sales/Use Tax69,221 3.50% Additional Sales/Use Tax62,766 5.00% Excise Tax72,202 State Share-back 38,329 Sub-total Recreational Marijuana revenue242,518 TOTAL MARIJUANA RELATED REVENUE$363,507 While theCity'sbase 3.86% sales/use tax is distributed to City funds based upon various past voter decisions, certain other revenuehas been dedicated to cover incremental costs related to the sale and use of marijuana in the City of Boulder. Year-to-date collections for these dedicated revenue sources follow: Total January"Incremental" Recreational Marijuana Related Revenue 3.50% Additional Sales/UseTax$62,766 5.00% Excise Tax72,202 State "Share-back"38,329 TOTAL "INCREMENTAL" RECREATIONAL MARIJUANA REVENUE $173,297 Medical Marijuana Sales/UseTax Total January sales/usetax revenue collected in this category is up 26.96% from the same period in 2014. The percentage change by month is presented below. Jan 26.96% Recreational Marijuana Retail Sales Tax The first remittancesin 2014,related to sales of recreational marijuana, were received in the month of February. Significant retail establishments were not open until April of 2014. Therefore, increases for the first quarter of 2015 are not representative due to the non-existent or low comparative base. Jan na 3 Significant YTD increases / decreases by sales/use tax category are summarized in Table 3. TABLE 3 2014YTD RETAIL SALES TAX (% Change in Comparable YTD Collections) STRENGTHS:WEAKNESSES: Food Stores up by 46.51% (January had two returns Eating Places down by 4.53% for each store by a 13 period filing taxpayer) Apparel Stores down by 29.55% Consumer Electronics up by 10.13%Home Furnishings down by 26.00% Computer Related Business up by203.81%Transportation/Utilities down by 30.79% All Other up by 4.18%Building Material Retail down by 56.68% Medical Marijuana up by 26.96% Twenty-Ninth St down by 27.47% Downtown up by 11.19% Table Mesa down by 8.09% N. 28th St Commercial up by 41.09%Boulder County down by 21.31% University of Colorado up by 3.26% Public Utilities down by 9.06% Basemar up by 14.50% The Meadows up by 89.68% All Other Boulder up by 16.54% Metro Denver up by 27.46% GunbarrelIndustrial up by 28.05% Gunbarrel Commercial up by 21.07 % Pearl Street Mall up by 32.05% Boulder Industrial up by 25.34% 2014USE TAX (% Change in YTD Comparable Collections) STRENGTHS:WEAKNESSES Motor Vehicle Use Tax up by 1.93% Construction Use Tax downby 50.14% (when Business Use Tax up by 38.99%adjusted to exclude dedicated Boulder Junction tax, down by 84.40%) BUSINESS USE TAX YTDBusiness Use Tax is upby 38.99% in January. This tax category can be very volatile as it is associated primarily with the amount and timing of purchase of capital assets by businesses in the city and the amount and timing of audit revenue. 2014 YTD audit revenue was over $2 million. MOTOR VEHICLE USE TAX January Motor Vehicle Use Tax is up by a modest1.93%.This tax category applies to the purchase of vehicles registered in the city. As individuals and businesses become more confident about jobs and the economy, they have replacedtheir vehiclesand thus reducedthe average age of their fleet. 2014 wasa strong year for motor vehicle sales,but at some point the rate of increase will slow as the average age of the total vehicle fleet in the city declines and the comparative numbers from the prior year become more difficult to meet or exceed.Motor Vehicle Use Tax may have already reached that inflection point as both November and December 2013 results were negative (down 17.88% and 12.16% respectively when compared to the very strong sales in the comparative months of 2013). 4 ACCOMMODATION TAX January Accommodation Tax revenue is down by 24.97% from the same period in 2014. The hotel industry in Boulder is in a state of flux. It is uncertain if/when new properties in the pipeline will open. Some upward adjustment in room and occupancy rates has occurred during the transition when the total number of rooms available in the City is down slightly. Some of the changes follow: America Best Value –closedMarch 2014 (to be converted to student housing) Golden Buff – closed October 2014 (to be redeveloped into two hotels) Boulder Outlook – proposed to close November 2014 Hyatt Place Depot Square – broke ground, projected opening in early 2015 Other Planned Properties – in concept or site review ADMISSIONS TAX Year-to-date 2014 Admission Tax revenue is upby 17.92% from the same period in 2014. Admissions Tax collections are dependent on the number of taxable productions and events held in the City and the level of attendance at such events. TRASH TAX January Trash Taxreceipts are up by 68.65%.Trash Tax remittances are due on a quarterly basis. Occasionally, trash haulers remit outside that quarterly cycle, resulting in large variances such as those experienced in January. REVIEW OF VARIOUS ECONOMIC DATA & PREDICTIONS FOR THE FUTURE A March 12, 2015 analysis by Reuters finds that U.S. Retail Sales have been down in January and February of 2015: U.S. retail sales unexpectedly fell in February as harshweather kept consumers from auto showrooms and shopping malls, tempering the outlook for first-quarter growth and a June interest rate increase by the Federal Reserve. Even accounting for the snowy and cold weather, which blanketed much of the country in late February, there is little doubt that consumer spending has slowed significantly after robust growth in the fourth quarter. The Commerce Department said on Thursday retail sales dropped 0.6 percent as receipts fell in almost all categories marking the third straight month of declines. Retail sales excluding automobiles, gasoline, building materials, and food services were flat after a downwardly revised 0.1 percent dip in January.February was the first time since 2012 that retail sales had dropped for three consecutive months. Economists are confident economic activity will accelerate in the second quarter of the year, as consumer spending gets a tailwind from the massive savings from the lower gasoline prices in late 2014 and early this year. Most believe consumers saved the bulk of the windfall from cheaper prices at the pump and expect the money to be spent starting in March as temperatures warm up. Prospects for a pick-up in spending were also brightened by a report from the Fed showing household net worth posted its biggest rise in a year... "Consumers may have throttled back spending, but they maintain the ability and means to spend," said Jack Kleinhenz, chief economist at the National Retail Federation. 5 According to economists speaking at the Boulder Economic Council's annual economic forecast event, as reported by BizWest on January 14, 2015, lagging sales tax may threaten Colorado's future budgets: Phyllis Resnick, lead economist at CSU's Colorado Futures Center, stated ... the rates of retail sales tax growth are starting to fall in Colorado for a variety of reasons. E-commerce has been cutting into retain sales tax collected locally for years as people shop online rather than in local stores. The United States as a whole is also becoming increasingly unmarried, with single people traditionally spending less on goods and services than married individuals.Resnick also said there's evidence mounting that as income inequality rises, the nation will see further decline in sales tax collections. When you concentrate income up high...you have fewer people buying those things that contribute to the tax base. Perhaps the greatest threat to sales tax revenues, though, is the fact that physical taxable goods are becoming a smaller share of consumption as more and more people hire for services like lawncareor other household services that don’t bring in sales tax revenue. Especially among younger segments of the population, the trend is steering toward spending on experiences and services and away from goods. And things like smartphones have already replaced the need for several other devices that individuals used to buy. The shift away from purchasing goods will also be magnified by the aging population, as those 65 and older also tend not to spend a lot of money on goods but rather on experiences like travel. We’re going to have to start to acknowledge the new way of consuming,” Resnick said. “It’s going to take a lot of work to start thinking about the ways we generate public revenues off a system of consumption that is changing quite rapidly. While Resnick was the self-proclaimed bearer of bad news, Rickard Wobbekind, executive director of the Business Research Division at the CU Boulder's School of Business, got to deliver more encouraging news. Colorado will continue to outperform the nation in employment and population growth, with home prices continuing to appreciate. On a more local level, Boulder, he told the crowd, continues to outperform not just the nation’s but Colorado’s strong recovery metrics. As Colorado is forming more households than it is producing new housing units, he said the state appears to be underbuilding, a sign that bodes well for the construction industry going forward. On the flip side, that bodes poorly for the increase in cost of housing. In Boulder, where the median price of a single family home was nearly $700,000 in 2014, housing prices will continue to stress not only first-time homebuyers’ ability to break into the market but also things like the transportation system as the number of the city’s in-commuters continues to climb. Colorado business leaders bullish on 2015 according to a report published in BizWest on January 5, 2015: BOULDER –The confidence of Colorado business leaders has increased slightly entering the New Year according to the latest index released Monday by the University of Colorado Boulder’s Leeds School of Business. The Leeds School releases the index each quarter, with expectations measuring positive at 50 or higher. 6 Entering the first quarter of 2015, the Leeds Business Confidence Index registered an overall mark of 60.8, up from 59.5 last quarter. Expectations were positive for all of the metrics measured, including national economy, state economy, industry profits, capital expenditures and hiring plans. The state’s business leaders were most enthusiastic about the state’s economy, with that metric coming in at 66.2, up from 63.9 last quarter. But optimism about the national economy also rose from 56.4 to 60. Their outlook on hiring also improved slightly, from 57.9 to 58.2. The , which had increased in January, declined in Conference Board Consumer Confidence Index February: ® The Conference BoardConsumer Confidence Index, which had increased in January, declined in February. The Index now stands at 96.4 (1985=100), down from 103.8 in January. The Present Situation Index decreased to 110.2 from 113.9, while the Expectations Index declined to 87.2 from 97.0 in January. According to Lynn Franco, Director of Economic Indicators at The Conference Board: “After a large gain in January, consumer confidence retreated in February, but still remains at pre- recession levels (September 2007, Index, 99.5). Consumers’ assessment of current conditions remained positive, but short-term expectations declined. While the number of consumers expecting conditions to deteriorate was virtually unchanged, fewer consumers expect conditions to improve, prompting a less upbeat outlook. Despite this month’s decline, consumers remain confident that the economy will continue to expand at the current pace in the months ahead.” Consumers’ optimism about the short-term outlook was considerably less positive in February. Those expecting business conditions to improve over the next six months decreased from 18.9 percent to 16.1 percent, while those expecting business conditions to worsen increased from 8.2 percent to 8.7 percent. Consumers’ outlook for the labor market was also less optimistic. Those anticipating more jobs in the months ahead decreased from 17.3 percent to 13.4 percent. However, those anticipating fewer jobs declined from 14.8 percent to 14.3 percent. The proportion of consumers expecting growth in their incomes declined from 19.5 percent to 15.1 percent. The proportion expecting a decrease rose from 10.8 percent to 12.0 percent. 7 JANUARY YTD Actual % Change% of Total Total Net Sales/Use Tax Receipts by Tax Category20142015 Sales Tax6.50%80.57% 5,965,9916,889,039 Business Use Tax 627,592945,770 38.99%11.06% Construction Sales/Use Tax-50.14%4.53% 716,119387,123 Motor Vehicle Use Tax1.93%3.84% 297,302328,566 Total Sales and Use Tax7,607,0048,550,4993.67%100.00% JANUARY YTD Actual %Change% of Total Total Net Sales/Use Tax Receipts by Industry Type20142015 Food Stores46.00%17.95% 969,3441,534,457 Eating Places6.15%13.07% 970,6701,117,219 Apparel Stores-29.42%2.11% 235,491180,210 Home Furnishings-25.00%2.15% 226,130183,883 General Retail5.78%18.31% 1,365,3261,565,911 Transportation/Utilities-31.66%6.40% 738,921547,532 Automotive Trade2.23%8.35% 644,167714,001 Building Material-Retail-56.28%1.48% 266,429126,294 Construction Firms Sales/Use Tax-50.45%4.26% 678,071364,324 Consumer Electronics12.06%2.48% 174,773212,358 Computer Related Business Sector75.02%10.12% 456,125865,571 Rec Marijuana #DIV/0!1.54% 0131,987 Medical Marijuana26.71%1.41% 88,061120,989 All Other2.95%10.36% 793,497885,763 Total Sales and Use Tax7,607,0048,550,4993.67%100.00% JANUARY YTD Actual % Change% of Total Total Net Sales/Use Tax Receipts by Geographic Area20142015 North Broadway4.25%1.25% 94,458106,772 Downtown -1.70%6.13% 491,529523,911 Downtown Extension-2.87%1.07% 86,85191,470 UHGID (the "hill")-15.94%1.04% 98,03889,351 East Downtown-25.35%0.57% 59,87448,461 N. 28th St. Commercial42.62%6.65% 367,520568,343 N. Broadway Annex12.56%0.31% 21,97126,814 University of Colorado2.95%2.56% 195,802218,568 Basemar-17.36%2.02% 192,590172,569 BVRC-Boulder Valley Regional Center 4.67%21.55% 1,623,6651,842,669 29th Street-27.47%3.53% 383,762301,814 Table Mesa-7.43%2.44% 207,472208,247 The Meadows89.70%1.53% 63,724131,074 All Other Boulder10.50%6.49% 463,299555,062 Boulder County-26.27%0.68% 72,79658,197 Metro Denver26.48%2.63% 163,819224,659 Colorado All Other2.39%0.21% 16,16917,951 Out of State1.04%7.48% 583,903639,665 Airport-69.76%0.01% 2,711889 Gunbarrel Industrial60.99%8.59% 420,849734,602 Gunbarrel Commercial18.15%1.33% 88,905113,896 Pearl Street Mall30.76%2.76% 166,573236,168 Boulder Industrial-12.86%9.27% 839,036792,741 Unlicensed Receipts-69.20%0.43% 110,30636,843 County Clerk1.93%3.84% 297,302328,566 Public Utilities -10.18%5.63% 494,079481,199 Total Sales and Use Tax7,607,0048,550,4993.67%100.00% JANUARY YTD Actual % Change in Taxable Miscellaneous Tax Statistics20142015 Total Food Service Tax1.62% 43,41244,115 Accommodations Tax-24.97% 311,593233,783 Admissions Tax17.92% 43,52951,329 Trash Tax68.65% 5,1388,665 Disposable Bag Fee-95.39% 93243 Rec Marijuana Excise TaxN/A 072,202 8 COMPARISON OF YEAR-TO-DATE ACTUAL REVENUE FOR THE YEAR 2015 TO COMPARABLE PERIOD IN 2014 USE TAX BY CATEGORYSALES TAX BY CATEGORY JANUARY YTD ActualJANUARY YTD Actual 20142015% ChangeStandard Industrial Code20142015% Change -9.37% Food Stores46.51% 8,9828,826960,3611,525,632 122.64% Eating Places4.82% 10,99726,547959,6731,090,672 1.89% Apparel Stores-29.55% 9931,097234,498179,113 250.87% Home Furnishings-26.00% 8183,112225,312180,772 87.62% General Retail1.97% 60,700123,4821,304,6261,442,429 -58.83% Transportation/Utilities-30.79% 23,03110,282715,891537,250 1.97% Automotive Trade2.46% 301,677333,531342,491380,470 -16.74% Building Material-Retail-56.68% 2,6832,422263,746123,872 -51.33% Construction Sales/ Use Tax-22.85% 657,088346,77120,98317,553 357.35% Consumer Electronics10.13% 9744,830173,799207,528 44.67% Computer Related Business203.81% 369,128579,00086,996286,572 #DIV/0!Rec MarijuanaN/A 01,7280130,259 6.76% Medical Marijuana26.96% 1,0681,23686,993119,753 -0.62% All Other4.18% 202,876218,598590,621667,165 1,641,0141,661,460-6.62% Total Sales and Use Tax5,965,9916,889,0396.50% USE TAX BY CATEGORYSALES TAX BY CATEGORY JANUARY YTD ActualJANUARY YTD Actual % Change% Change Geographic Code 2014201520142015 1352.53% North Broadway-1.47% 3996,28494,059100,488 -46.30% Downtown11.19% 110,20464,171381,325459,741 -97.81% Downtown Extension48.43% 30,46772356,38590,747 -99.25% UHGID (the "hill")-1.35% 14,62011983,41889,231 -87.14% East Downtown3.97% 19,2672,68740,60745,775 278.74% N. 28th St. Commercial41.09% 2,3669,716365,154558,627 -119.93% N. Broadway Annex-12.03% -5,0061,08226,97725,732 -100.00% University of Colorado3.26% 5810195,221218,568 -92.00% Basemar14.50% 57,6144,998134,975167,570 336.48% BVRC0.66% 19,38791,7521,604,2791,750,917 -27.10% 29th Street-27.47% 3,7552,968380,007298,846 87.06% Table Mesa-8.09% 1,4532,947206,019205,300 95.64% The Meadows89.68% 29763063,427130,444 4.40% All Other Boulder16.54% 230,690261,136232,609293,926 -46.72% Boulder County-21.31% 14,2098,20858,58749,990 20.97% Metro Denver27.46% 24,66632,353139,153192,306 384.49% Colorado All Other-6.97% 3872,03315,78115,918 139.75% Out of State-1.14% 9,02223,453574,881616,212 -98.43% Airport311.14% 2,52143190847 67.47% Gunbarrel Industrial28.05% 638,45769,24696,145 351,603 -85.46% Gunbarrel Commercial21.07% 2,43538486,470113,512 -47.97% Pearl Street Mall32.05% 2,6911,518163,881234,650 -58.32% Boulder Industrial25.34% 383,122173,137455,914619,604 -99.13% Unlicensed Receipts-36.86% 57,28554353,02036,300 1.93% County ClerkN/A 297,302328,56600 -66.12% 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