Santa Barbara Hotel Tax Revenue Increases for October

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By the City of Santa Barbara

Transient Occupancy Tax Results for the City of Santa Barbara – Month Ended October 31, 2022

The City of Santa Barbara collected $2.86 million in transient occupancy taxes (TOT) for October 2022. TOT revenues in October 2022 were about 17.4% above the monthly budget, continuing a solid uptrend that is fueled by higher average daily rates and strong seasonal demand for rooms.

The City has collected $13.63 million through October, the fourth 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.

 

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