Source: City of Santa Barbara
Sales Tax Results for the Quarter Ended June 30, 2019
Santa Barbara received $5.70 million in sales tax revenues during the quarter ended June 30, 2019, which is 18.2% more than the same quarter last year. This unusually high growth was due to a delayed payment from the state for the quarter ended June 30, 2018. By way of comparison, the two year growth from June 2017 to June 2019 is 5.2%.
As the second largest General Fund revenue, the sales tax budget for fiscal year is $22,273,000. Sales tax results for the September quarter will be available in November 2019.
For additional information on recent sales tax results, click here.
Transient Occupancy Tax Results for the City of Santa Barbara
The City of Santa Barbara collected approximately $2.38 million in transient occupancy taxes (TOT) for August 2019, which is 2.1% above August of last year.
The City has collected approximately $4.77 million in TOT revenues through the first two months of this fiscal year, which runs from July 1 through June 30. The City’s adopted TOT budget is $19,989,179.
The Transient Occupancy Tax table can be viewed here.
The economy has never done better in over 5 generations under the Trump administration . God Bless, President Trump .
Using federal EPA regulations to clean out this state’s vagrancy camps and blight is a stroke of genius.