Santa Barbara releases Transient Occupancy Tax results for March ...Middle East

SANTA BARBARA, Calif. — The Transient Occupancy Tax report for March 2024, indicates $2.3 million was collected in the ninth month of the city's fiscal year. According to the March report, TOT is a tax on "transient" guests staying in any hotel, inn, motel, or other commercial lodging establishment for a period of less than 30 days. The report says the city has collected $23.3 million in overall TOT with approximately $21.4 million came from hotels and $1.9 million from short-term rentals. In the year to date (FY 2024), total TOT revenues came at 4.2% below budget. Courtesy: City of Santa Barbara According to the report, The city's adopted TOT budget for all funds is $33 mill

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Last updated : 25 April 2024 clock 09:41 PM

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Santa Barbara releases Transient Occupancy Tax results for March ...Middle East

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