Santa Barbara Sales & Transient Occupancy Tax Results
Source: City Of Santa Barbara
Sales Tax Results for the Quarter Ended September 30, 2018
Santa Barbara received $6.78 million in sales tax revenues during the quarter ended September 30, 2018. This includes approximately $1 million in late payments from the state that relate to last fiscal year. A new software system implementation at the California Department of Tax and Fee Administration—the state agency which oversees the sales tax program— has caused delays in processing returns since May of this year. Correcting for these delays, the amount of sales tax revenue actually generated is closer to $5.67 million, which is about 2% above the same quarter last year.
As the second largest General Fund revenue, the sales tax budget for the fiscal year is $22,276,000. Sales tax results for the December quarter will be available in February 2019.
For additional information on recent sales tax results, click here.
Transient Occupancy Tax Revenues for October 2018
The City of Santa Barbara collected approximately $1.63 million in transient occupancy taxes (TOT) for October 2018, which is 5.3% below October of last year, primarily due to a general decline in hotel occupancies.
The City has collected approximately $8 million in TOT revenues through the first four months of this fiscal year, 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.