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Title

Tax Results for the City of Santa Barbara

Subtitle
Transient Occupancy Tax Results for the City of Santa Barbara – Month Ended July 31, 2022
Authored on

The City of Santa Barbara collected $3.97 million in transient occupancy taxes (TOT) for July 2022. TOT revenues in July 2022 were about 19.5% above the monthly budget, mainly due to higher average daily rates and strong seasonal demand for rooms. 

The City has collected $3.97 million through July, the first month in the City’s fiscal year. The City’s adopted TOT budget for all funds is $28.3 million, of which $23.6 million is budgeted in the General Fund. 

The Transient Occupancy Tax table can be viewed on the attachment. The City’s TOT tax rate is 12%. 10% goes to the City’s General Fund and the remaining 2% goes to the Creeks/Clean Water Fund.

Contact

Contact

Keith DeMartini
Finance