Transient Occupancy Tax Results for the City of Santa Barbara – Month Ended June 30, 2024
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The City of Santa Barbara collected $3.3 Million in Transient Occupancy Taxes (TOT) for June 2024, the twelfth month in the City’s fiscal year.
In Fiscal Year 2024, the City collected $32.2 Million in overall TOT, of which approximately $29.4 Million came from hotels and $2.8 Million from short-term rentals. For the fiscal year, total TOT revenues came in 2.5% below budget.
The Transient Occupancy Tax (TOT) is a Tax on “Transient” guests staying in any hotel, inn, motel, or other commercial lodging establishment for a period of less than 30 days.
The City’s adopted TOT budget for all funds is $33.0 Million, of which $27.5 Million is budgeted in the General Fund.
View the Transient Occupancy Tax Table. The City’s TOT tax rate is 12.0%, of which 10.0% goes to the City’s General Fund and the remaining 2.0% goes to the Creeks/Clean Water Fund.
| City of Santa Barbara | |||
| TRANSIENT OCCUPANCY TAXES | |||
| Month | FY 2024 | Change to Budget | FY 2024 Budget |
| Jul | $3,792,870 | -4.5% | $3,970,000 |
| Aug | $3,453,840 | -12.6% | $3,950,000 |
| Sep | $3,330,750 | 3.8% | $3,210,000 |
| Oct | $2,809,230 | -4.8% | $2,950,000 |
| Nov | $2,213,001 | -2.5% | $2,270,000 |
| Dec | $1,932,503 | 6.2% | $1,820,000 |
| Jan | $1,622,897 | -7.3% | $1,750,000 |
| Feb | $1,770,582 | -11.5% | $2,000,000 |
| Mar | $2,355,142 | -0.6% | $2,370,000 |
| Apr | $2,674,955 | -1.7% | $2,720,000 |
| May | $2,919,846 | 5.8% | $2,760,000 |
| Jun | $3,311,916 | 2.5% | $3,230,000 |
| FY Total | $32,187,532 | -2.5% | $33,000,000 |
| The table above includes the 10.0% charge (credited to the General Fund) and the 2.0% charge (as adopted after passage of Measure B, credited to Creeks/Clean Water Fund). |