All SBPL locations will close at 2 pm on Wednesday, September 18 for staff training.

8778

Eastside Library is closed due to construction work.

7988
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