16. 18-0376
Preliminary Discussion of City's Uniform Hotel/Motel Transient Occupancy Tax (Transient Occupancy Tax) (Interim Finance Director Charelian).
DISCUSS AND PROVIDE DIRECTION
Absolutely--and there is an unmentioned increment you could do right now without a vote (excluded from the Staff Report). Now, as to "most importantly, funds could also be reinvested into the City’s long-standing commitment to programs that support our business community"--1) this isn't business's money--they aren't going to reduce their rates by the tax increase; 2) be specific on this spend is before you dangle it--be better to use the money for tourist amenities--like a decent running trail.
Absolutely--and there is an unmentioned increment you could do right now without a vote (excluded from the Staff Report). Now, as to "most importantly, funds could also be reinvested into the City’s long-standing commitment to programs that support our business community"--1) this isn't business's money--they aren't going to reduce their rates by the tax increase; 2) be specific on this spend is before you dangle it--be better to use the money for tourist amenities--like a decent running trail.