Anonymous
July 19, 2019, 8:38 am
1.6k Views
3 Comments
Source: City of Santa Barbara
The City of Santa Barbara collected approximately $1.91 million in transient occupancy taxes (TOT) for June 2019, which is 8.2% above June of last year.
The City has collected approximately $19.5 million in TOT revenues for fiscal year 2019, which runs from July 1 through June 30. The City’s adopted TOT budget is $19,605,700.
The Transient Occupancy Tax table can be viewed here.
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Are the homeless in Santa Barbara being taxed?? They are referred as transients.
The city misses their projections once again even though the avg price for a hotel room has risen 10-15% in the last couple of years and occupancy rates have remained high. All this has pushed the total revenue figure higher and yet they are still missing their projections! That’s the equivalent to a MLB pitcher throwing the ball slower and slower to the best hitter in the game and watching them swing and miss until they strike out…again and again. I cannot imagine a more inept group of managers than the fools who run this city. Even in the best of times, they cannot get it right. The economy is BOOMING and they cannot hit their “modest” goals. What will happen when the economy downshifts? They will be digging ever deeper into your kids piggy bank and your wallet to pay for their ineptitude and years of gross mismanagement. Thanks Murillo, you’re doing a heck of a job!
Yes it’s a sad situation as in we are looking to go deeper and deeper in our federal debt raising what we own some of the future pays for it.