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12/3/19

By H. Randolph Holder

HRH120319

Here’s another thought in regards to the proposed Transit Occupancy Tax increase: How about if the county pro-actively helped proposed hotel projects get built creating additional lodging that will generate additional TOT revenue without raising rates? Assuming a 70-80% occupancy rate, three already proposed projects could generate an estimated $1.58 million dollars in TOT. Not an inconsequential amount for a county facing multi-million dollar budget shortfalls and cutbacks.

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Use the myMotherLode.com Keyword Search to go straight to a specific page

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