Santa Barbara Tax Results from November
Source: City of Santa Barbara
The City of Santa Barbara collected $1.0 million in transient occupancy taxes (TOT) for November 2020. TOT revenues in November 2020 were 21.8% below November last year. The COVID-19 pandemic and the related response has affected the local travel industry. Despite a steady recovery since April 2020, lodging operators have experienced a difficult travel environment, as the most recent surge and State advisories against leisure travel have further depressed demand for accommodations. Staff expect this reduction in demand to continue at least until the spring months.
The City has collected $6.8 million through five months of the City’s fiscal year, which runs from July 1 through June 30. The City’s adopted TOT budget is $17.2 million.
The Transient Occupancy Tax table can be viewed here.