Resort Tax Monitoring Committee

Agenda Resort Tax Monitoring Committee City Council Conference Room 2nd Floor City Hall (Remote Option) Wednesday, September 21, 2022 7:05 a.m. Remote Meeting: Microsoft Teams Join on your computer or mobile app Click here to join the meeting Meeting ID: 275 544 154 434 Passcode: jVR8cV Download Teams | Join on the web Or call in (audio only) +1 406-426-9898,,536775733# United States, Billings (833) 563-1751,,536775733# United States (Toll-free) Phone Conference ID: 536 775 733# 1. Call to Order. 2. Public Comment. 3. Review and approve minutes for July 20, 2022. 4. Review the monthly and quarterly reports for July and August 2022. 5. Update on Resort Tax Funded Street and Park Projects. 6. Set next meeting date for October 2022. Members Andy Feury Doug Reed Brian Averill Trek Stephens Ken Stein Chris Schustrom Julia Olivares A. Property tax reduction for taxpayers residing in the city in an amount equal to twenty five percent (25%) of the three percent (3%) resort tax revenues derived during the preceding fiscal year; B. Provision for the repair and improvement of existing streets, storm sewers, all underground utilities, sidewalks, curbs and gutters, in an amount equal to sixty five percent (65%) of the two percent (2%) resort tax revenues derived during the preceding fiscal year; C. Bicycle paths and other park capital improvements in an amount equal to five percent (5%) of the two percent (2%) resort tax revenues derived during the preceding fiscal year; D. Repayment of a loan or a bond to finance a portion of the costs of, or to otherwise pay for, the acquisition of the conservation easement or other interests, in and around Haskill Basin in order to protect and preserve water quality and quantity, including the source drinking water supply for the municipal water system of the city of Whitefish, in an amount equal to seventy percent (70%) of the one percent (1%) resort tax revenues to be received in a fiscal year, except that if such portion of resort tax revenues received in a fiscal year is more than is needed in that fiscal year for such loan or bond, the excess will be applied to additional property tax relief in the next fiscal year; E. Cost of administering the resort tax in an amount equal to five percent (5%) of the three percent (3%) resort tax per year.  Resort Tax Report Reported in the Month Businesses Collected Tax BARS & MONTH/YEAR LODGING RESTAURANTS RETAIL COLLECTED INTEREST TOTAL July 2018 119,942 177,844 198,144 495,929 3.68% 3,106 499,035 August 2018 264,354 229,620 197,726 691,700 2.98% 3,679 695,379 September 2018 142,291 164,124 140,948 447,364 22.09% 7.8% 3,651 451,015 October 2018 20,456 97,842 88,200 206,499 8.06% 4,961 211,460 November 2018 35,406 103,516 144,150 283,072 -4.31% 4,361 287,433 December 2018 55,411 164,740 170,097 390,248 23.47% 9.6% 2,934 393,182 January 2019 18,604 104,553 93,126 216,282 -5.90% 1,484 217,766 February 2019 65,030 115,721 112,557 293,308 3.05% 2,964 296,272 March 2019 39,314 99,013 96,841 235,168 -1.17% -1.0% 3,516 238,684 April 2019 10,603 95,642 90,323 196,568 -2.56% 3,636 200,204 May 2019 66,270 129,909 166,386 362,565 13.36% 3,845 366,410 June 2019 127,881 172,006 159,794 459,681 2.58% 5.1% 3,792 463,473 Total FY19 $ 965,561 $ 1,654,530 $ 1,658,293 $ 4,278,383 5.86% $ 41,929 $ 4,320,312 FY18 vs FY19 10.33% 5.57% 3.70% 5.86% or $ 236,854 Taxable Sales FY19 $ 150,118,717 July 2019 232,446 249,822 222,176 704,445 42.05% 4,227 708,672 August 2019 107,985 171,849 184,288 464,123 -32.90% 4,340 468,463 September 2019 202,784 187,080 146,596 536,460 19.92% 4.3% 4,210 540,670 October 2019 72,020 114,362 93,111 279,493 35.35% 3,500 282,993 November 2019 31,925 104,797 154,109 290,831 2.74% 2,351 293,182 December 2019 26,204 122,189 176,468 324,861 -16.76% 1.7% 2,181 327,042 January 2020 47,244 113,913 135,507 296,664 37.17% 1,225 297,889 February 2020 28,523 88,008 119,748 236,279 -19.44% 3,502 239,781 March 2020 9,979 56,382 86,606 152,967 -34.95% -7.9% 2,172 155,139 April 2020 6,957 71,096 87,353 165,406 -15.85% 1,799 167,205 May 2020 50,570 105,786 173,207 329,563 -9.10% 1,470 331,033 June 2020 42,139 110,343 182,042 334,524 -27.23% -18.6% 3,736 338,260 Total FY20 $ 858,777 $ 1,495,628 $ 1,761,211 $ 4,115,615 -3.80% $ 34,713 $ 4,150,328 FY19 vs FY20 -11.06% -10.86% 6.21% -3.80% or $ (162,768) Taxable Sales FY20 $ 144,407,560 July 2020 178,173 214,968 236,685 629,826 -10.59% 682 630,508 August 2020 234,063 196,817 194,056 624,936 34.65% 1,066 626,002 September 2020 158,102 191,941 188,641 538,684 0.41% 5.2% 898 539,582 October 2020 88,284 112,076 119,814 320,174 14.56% 1,058 321,232 November 2020 78,378 69,415 101,398 249,190 -14.32% 561 249,751 December 2020 32,442 111,811 226,456 370,710 14.11% 5.0% 407 371,117 January 2021 46,620 111,925 132,183 290,728 -2.00% 365 291,093 February 2021 85,582 148,765 143,459 377,805 59.90% 348 378,153 March 2021 57,027 140,256 143,766 341,049 122.96% 47.2% 414 341,463 April 2021 35,142 132,266 119,185 286,593 73.27% 441 287,034 May 2021 77,012 151,978 191,091 420,081 27.47% 467 420,548 June 2021 210,216 216,079 253,610 679,905 103.25% 67.2% 2,210 682,115 Total FY21 $ 1,281,040 $ 1,798,296 $ 2,050,344 $ 5,129,681 24.64% $ 8,917 $ 5,138,597 FY20 vs FY21 50.34% 20.24% 16.42% 24.64% or $ 1,014,065 Taxable Sales FY21 $ 179,988,799 FY21 % of Collections 25% 35% 40% 100% July 2021 227,005 283,424 324,582 835,011 32.58% 504 835,515 August 2021 414,859 296,012 254,869 965,740 54.53% 535 966,275 September 2021 215,882 190,513 205,771 612,166 13.64% 34.5% 641 612,807 October 2021 90,251 156,461 136,035 382,747 19.54% 705 383,452 November 2021 36,679 124,428 207,615 368,721 47.97% 702 369,423 December 2021 78,801 176,472 266,384 521,657 40.72% 35.4% 561 522,218 January 2022 60,241 142,427 137,885 340,553 17.14% 423 340,976 February 2022 79,068 131,154 177,008 387,230 2.49% 432 387,662 March 2022 73,108 192,830 185,509 451,447 32.37% 16.8% 569 452,016 April 2022 42,243 130,622 130,656 303,521 5.91% 711 304,232 May 2022 84,935 148,911 234,101 467,947 11.39% 1,013 468,960 June 2022 205,559 231,565 245,873 682,997 0.45% 4.9% 3,704 686,701 Total FY22 $ 1,608,630 $ 2,204,819 $ 2,506,288 $ 6,319,737 23.20% $ 10,500 $ 6,330,237 FY21 vs FY22 25.57% 22.61% 22.24% 23.20% or $ 1,190,056 Taxable Sales FY22 $ 221,745,162 FY22 % of Collections 25% 35% 40% 100% July 2022 299,416 314,037 326,589 940,042 12.58% $ 940,042 August 2022 - -100.00% $ - September 2022 - -100.00% -61.0% $ - October 2022 - -100.00% $ - November 2022 - -100.00% $ - December 2022 - -100.00% -100.0% $ - January 2023 - -100.00% $ - February 2023 - -100.00% $ - March 2023 - -100.00% -100.0% $ - April 2023 - -100.00% $ - May 2023 - -100.00% $ - June 2023 - -100.00% -100.0% $ - Total FY23 $ 299,416 $ 314,037 $ 326,589 $ 940,042 12.58% $ - $ 940,042 FY22 vs FY23 31.90% 10.80% 0.62% 12.58% or $ 105,031 Taxable Sales FY22 $ 32,983,930 FY22 % of Collections 32% 33% 35% 100% Grand Total $ 12,045,004 $ 21,825,204 $ 24,941,997 $ 58,812,204 $ 896,848 $ 59,709,602 % of Total Collections 20% 37% 42% Total Resort Tax Collections by Month Total Taxable Sales Since 1996 1,000,000 Oct s/b Sept 10 $ 2,410 $ 6,447 $ 5,099 $ 13,956 $ 94,556 FY96-FY15 $ 1,415,763,781 Oct s/b Sept 09 900,000 $ 239 $ 1,327 $ 4,406 $ 5,971 86,077 FY16-YTD $ 1,119,743,589 Total $ 2,535,507,371 800,000 700,000 $ 2,172 $ 5,120 $ 693 $ 7,985 FY19 Total Collected FY20 FY96-FY15 $ 28,315,276 600,000 FY16-YTD $ 33,592,308 FY21 500,000 Total $ 61,907,583 FY22 400,000 FY23 5% Admin 300,000 FY96-FY15 $ 1,415,764 FY16-YTD $ 1,679,615 200,000 Total $ 3,095,379 100,000 Public Portion - Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY96-YTD $ 58,812,204 $ 2,172 $ 5,120 $ 693 $ 58,820,189 $3.37 $87,626,721.10  QUARTERLY RESORT TAX REPORT BY MONTH COLLECTED BY BUSINESSES As of September 6, 2022 Bars & Lodging Restaurants Retail Change Month Change from Change from from Same Change from Number of Collected by Same Month Bars & Same Month Month in Prior Same Month in Delinquencies Business Lodging in Prior Year Restaurants in Prior Year Retail Year Total Prior Year Each Month Jul-18 $ 209,479 6.54% $ 224,416 4.30% $ 208,033 5.14% $ 641,927 5.30% 0 Aug-18 $ 196,008 3.53% $ 211,754 5.73% $ 210,131 13.92% $ 617,893 7.64% 0 Sep-18 $ 121,466 25.46% $ 152,062 9.87% $ 127,773 3.32% $ 401,302 11.82% 0 Oct-18 $ 41,123 16.39% $ 110,255 9.06% $ 89,508 8.01% $ 240,886 9.84% 0 Nov-18 $ 20,430 2.07% $ 83,564 6.03% $ 139,572 -3.43% $ 243,566 0.09% 0 Dec-18 $ 48,814 22.81% $ 139,107 13.09% $ 168,164 1.37% $ 356,085 8.35% 0 Jan-19 $ 38,397 7.13% $ 115,302 4.44% $ 94,294 -0.29% $ 247,993 2.98% 0 Feb-19 $ 45,448 0.26% $ 111,945 -3.74% $ 110,085 2.46% $ 267,478 -0.59% 0 Mar-19 $ 39,761 10.67% $ 117,673 2.94% $ 100,113 7.40% $ 257,547 5.79% 0 Apr-19 $ 22,237 10.25% $ 91,009 3.82% $ 81,381 9.72% $ 194,627 6.94% 0 May-19 $ 52,306 12.42% $ 119,374 5.61% $ 170,095 5.01% $ 341,775 6.29% 0 Jun-19 $ 126,961 9.91% $ 172,737 10.27% $ 156,651 -4.81% $ 456,349 4.49% 0 Total FY19 $ 962,430 9.72% $ 1,649,199 6.05% $ 1,655,800 3.80% $ 4,267,429 5.96% 0 Jul-19 $ 238,060 13.64% $ 252,855 12.67% $ 234,990 12.96% $ 725,905 13.08% 0 Aug-19 $ 218,503 11.48% $ 225,504 6.49% $ 189,528 -9.81% $ 633,535 2.53% 0 Sep-19 $ 127,868 5.27% $ 164,015 7.86% $ 134,392 5.18% $ 426,275 6.22% 0 Oct-19 $ 41,880 1.84% $ 110,864 0.55% $ 94,657 5.75% $ 247,402 2.70% 0 Nov-19 $ 19,706 -3.54% $ 88,202 5.55% $ 156,057 11.81% $ 263,965 8.38% 0 Dec-19 $ 44,874 -8.07% $ 135,515 -2.58% $ 175,909 4.61% $ 356,297 0.06% 0 Jan-20 $ 43,659 13.71% $ 122,890 6.58% $ 133,931 42.04% $ 300,480 21.16% 0 Feb-20 $ 54,199 19.25% $ 134,119 19.81% $ 123,519 12.20% $ 311,837 16.58% 0 Mar-20 $ 26,672 -32.92% $ 75,120 -36.16% $ 87,042 -13.06% $ 188,834 -26.68% 0 Apr-20 $ 3,513 -84.20% $ 28,998 -68.14% $ 81,643 0.32% $ 114,154 -41.35% 0 May-20 $ 8,665 -83.43% $ 64,085 -46.32% $ 169,717 -0.22% $ 242,466 -29.06% 2 Jun-20 $ 60,493 -52.35% $ 124,827 -27.74% $ 183,367 17.05% $ 368,687 -19.21% 9 Total FY20 $ 888,092 -7.72% $ 1,526,994 -7.41% $ 1,764,751 6.58% $ 4,179,837 -2.05% 11 Jul-20 $ 189,238 -20.51% $ 201,228 -20.42% $ 236,559 0.67% $ 627,026 -13.62% 0 Aug-20 $ 210,425 -3.70% $ 205,975 -8.66% $ 202,970 7.09% $ 619,370 -2.24% 0 Sep-20 $ 153,620 20.14% $ 172,521 5.19% $ 181,226 34.85% $ 507,367 19.02% 0 Oct-20 $ 68,400 63.32% $ 117,114 5.64% $ 128,058 35.29% $ 313,572 26.75% 0 Nov-20 $ 21,820 10.73% $ 72,586 -17.70% $ 169,704 8.74% $ 264,110 0.05% 0 Dec-20 $ 49,539 10.40% $ 118,800 -12.33% $ 224,075 27.38% $ 392,414 10.14% 0 Jan-21 $ 47,586 8.99% $ 126,087 2.60% $ 121,595 -9.21% $ 295,268 -1.73% 0 Feb-21 $ 55,999 3.32% $ 130,392 -2.78% $ 145,720 17.97% $ 332,111 6.50% 1 Mar-21 $ 56,043 110.12% $ 142,606 89.84% $ 144,493 66.00% $ 343,142 81.72% 2 Apr-21 $ 35,943 923.14% $ 118,865 309.91% $ 114,620 40.39% $ 269,428 136.02% 5 May-21 $ 76,291 780.46% $ 151,967 137.13% $ 202,894 19.55% $ 431,152 77.82% 4 Jun-21 $ 220,713 264.85% $ 228,246 82.85% $ 245,880 34.09% $ 694,839 88.46% 6 Total YTD FY21 $ 1,185,618 102.87% $ 1,786,388 178.09% $ 2,117,794 278.91% $ 5,089,799 185.03% 18 Jul-21 $ 345,509 82.58% $ 309,290 53.70% $ 328,611 38.91% $ 983,410 56.84% 7 Aug-21 $ 302,957 43.97% $ 264,862 28.59% $ 262,067 29.12% $ 829,886 33.99% 11 Sep-21 $ 204,311 33.00% $ 211,347 22.51% $ 197,244 8.84% $ 612,902 20.80% 18 Oct-21 $ 88,116 28.82% $ 155,766 33.00% $ 148,517 15.98% $ 392,399 25.14% 14 Nov-21 $ 31,744 45.48% $ 107,090 47.54% $ 199,386 17.49% $ 338,220 28.06% 14 Dec-21 $ 74,123 49.63% $ 164,976 38.87% $ 264,797 18.17% $ 503,896 28.41% 15 Jan-22 $ 72,969 53.34% $ 151,956 20.52% $ 140,715 15.72% $ 365,640 23.83% 15 Feb-22 $ 78,757 40.64% $ 162,496 24.62% $ 160,137 9.89% $ 401,390 20.86% 18 Mar-22 $ 67,747 20.88% $ 160,876 12.81% $ 175,829 21.69% $ 404,452 17.87% 19 Apr-22 $ 41,847 16.43% $ 128,772 8.33% $ 130,641 13.98% $ 301,260 11.81% 25 May-22 $ 86,377 13.22% $ 157,210 3.45% $ 228,144 12.44% $ 471,731 9.41% 38 Jun-22 $ 216,977 -1.69% $ 233,861 2.46% $ 250,593 1.92% $ 701,431 0.95% 41 Total YTD FY22 $ 1,611,434 191.25% $ 2,208,502 280.96% $ 2,486,681 300.59% $ 6,306,617 259.60% 235 Dollar figures above are not adjusted for delinquencies.  Whitefish Lodging Report: July 2022 Data Source: Smith Travel Research  Whitefish Lodging Report July 2022 • To better understand the lodging report for July, a deeper comparison to July 2019 (pre-pandemic) is needed in addition to a comparison to July 2021 (last year - reflected on first page). • July 2022 occupancy (75.9%) was down -10% compared to July 2019 and down -11.5% compared to July 2021. • While lodging occupancy was down, the trend of rising ADR (average daily rate) continued this month. July 2022 ADR increased +39% compared to July 2019 and +9.5% compared to July 2021. Despite the rise in ADR, RevPAR (revenue per available room) was down for the second straight summer month (June) compared to last year. • July 2022 lodging occupancy outperformed Whitefish short term rental occupancy within the Whitefish Zip Code (74% occupancy) but was outpaced by Whitefish short term rental occupancy within Whitefish City Limits (79%) (source AirDNA). This broke a streak of two months in a row where standard lodging had outperformed both sets of short term rentals (City and Zip Code).  Whitefish Lodging Report July 2022 • Glacier National Park July 2022 recreational visits were down -9.4% (or approx. 74,800 visits) compared to July 2021 and were down -18% (or approx. 157,600 visits) compared to July 2019. • The Port of Roosville reported 30,834 personal vehicle passengers entering the United States from Canada during July 2022. While this is approximately a 38% decrease compared to personal vehicle passengers compared to July 2019, this is the highest number of personal vehicle passengers since August of 2019. This is not surprising considering that Canadian border restrictions were lessened starting April 1, 2022. Source: U.S. Dept. of Transportation, Bureau of Transportation Statistics. • Glacier Park International Airport (GPIA) enplanement numbers for July 2022 were down -11.2% compared to July 2021. It’s important to note that airline capacity to GPIA is decreased this summer compared to July 2021. With that said, with approx. 64,500 enplanements, GPIA was the second busiest airport in the state (Bozeman at 128,371 enplanements). In comparison to July 2019, enplanements in July 2022 were +10%.