Tax Results for the City of Santa Barbara
Source: City of Santa Barbara
Sales Tax Results for the Quarter Ended December 31, 2018
Santa Barbara received $6.07 million in sales tax revenues during the quarter ended December 31, 2018, which is 13.4% more than the same quarter last year. This unusually high growth is due to the impacts of the Thomas Fire in December 2018. By way of comparison, the two year growth from December 2016 to December 2018 is 7.1%.
As the second largest General Fund revenue, the sales tax budget for fiscal year is $21,865,700. Sales tax results for the March quarter will be available later in May 2019.
For additional information on recent sales tax results, click here.
Transient Occupancy Tax Results for the City of Santa Barbara
The City of Santa Barbara collected approximately $1.44 million in transient occupancy taxes (TOT) for March 2019, which is 3.9% above March of last year.
The City has collected approximately $14.28 million in TOT revenues through the first nine 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.