Santa Barbara journey tax decreases as a consequence of pandemic

The town of Santa Barbara studies a scarcity of anticipated tax income from the native journey business attributed to the results of the COVID-19 pandemic.

In response to an announcement from town, Santa Barbara collected $ 385,130 in short-term occupancy tax for December 2020. That’s 65% lower than the income generated in December 2019.

The latest will increase in instances of coronavirus together with authorities restrictions have weakened journey necessities, which is a serious impediment for corporations providing lodging. The decline in demand is predicted to proceed till the spring. They hope to see a rise in lodge occupancy in the summertime.

The town says it has raised $ 7.2 million within the first six months of the fiscal yr, which runs from July 1 to June 30. Santa Barbara’s estimated present tax finances is $ 17.2 million.



Spread the love
[ Sharing is Caring! ]

More Tags We Love

Online masters in education canada Online nursing degree programs new york Bed bug exterminator near me First-time home buyer loan Best motorcycle insurance singapore Insurance Life Online car insurance quote uk Property management courses Furniture store near me sofa Wireless home security cameras uk

This div height required for enabling the sticky sidebar