TRAVEL NOTICE 6/29–7/18: Southbound HWY 217 between Hollister Ave and Sandspit Rd will be closed overnight (10 PM–6 AM) from Monday night through Saturday morning for three weeks. Please use HWY 101/Fairview Ave exits or an alternate route. Project info

19358

All SBPL locations will be CLOSED on Friday, July 3, and Saturday, July 4, for Independence Day. Book Returns will be closed and all due dates will be pushed forward. You can access our digital library 24/7.

19357
PR Image
City Hall and El Paseo
Title

Tax Results for the City of Santa Barbara

Authored on

Sales Tax Results for the City of Santa Barbara – Quarter Ended June 30, 2024

The City of Santa Barbara received $7.8 Million in sales tax revenue during the quarter ended June 30, 2024, which is the fourth quarter of the City’s fiscal year. 

At the end of the fiscal year, total sales tax revenues came in about 4.0% below budget. For Fiscal Year 2024, the City’s sales tax revenue budget was $30.6 Million.

View the Sales Tax.

Transient Occupancy Tax Results for the City of Santa Barbara – Month Ended July 31, 2024

The City of Santa Barbara collected $4.0 Million in Transient Occupancy Taxes (TOT) for July 2024, the first month in the City’s fiscal year. 

Year to date, the City has collected $4.0 Million in overall TOT, of which approximately $3.6 Million came from hotels and $400,000 from short-term rentals. Year to date, total TOT revenues are coming in 3.0% below budget.

The Transient Occupancy Tax (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 City’s adopted TOT budget for all funds is $34.5 Million, of which $28.7 Million is budgeted in the General Fund.

View the Transient Occupancy Tax Table. The City’s TOT tax rate is 12.0%, of which 10.0% goes to the City’s General Fund and the remaining 2.0% goes to the Creeks/Clean Water Fund.

For additional current and historical financial data, visit the City’s Budget & Reporting webpage.

Contact

Contact

Lyndsay Maas
Assistant Finance Director