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SANTA BARBARA, CA – November 26, 2024
Transient Occupancy Tax Results for the City of Santa Barbara – Month Ended October 31, 2024
The City of Santa Barbara collected $3.1 Million in Transient Occupancy Taxes (TOT) for October 2024, the fourth month in the City’s fiscal year.
Year to date, the City has collected $14.9 Million in overall TOT, of which approximately $13.1 Million came from hotels and $1.8 Million from short-term rentals. Year to date, total TOT revenues are coming in 1.0% above 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 $34.5 Million, of which $28.7 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.
For additional current and historical financial data, visit the City’s Budget & Reporting webpage.
City of Santa Barbara | |||
TRANSIENT OCCUPANCY TAXES | |||
| Month | FY 2025 | Change to Budget | FY 2025 Budget |
| Jul | $4,064,965 | -1.8% | $4,140,000 |
| Aug | $4,097,008 | 0.7% | $4,070,000 |
| Sep | $3,610,167 | 6.2% | $3,400,000 |
| Oct | $3,090,293 | -0.3% | $3,100,000 |
| Nov | $2,390,000 | ||
| Dec | $1,930,000 | ||
| Jan | $1,800,000 | ||
| Feb | $2,100,000 | ||
| Mar | $2,480,000 | ||
| Apr | $2,830,000 | ||
| May | $2,900,000 | ||
| Jun | $3,390,000 | ||
| FY Total | $14,862,432 | 1.0% | $34,530,000 |
| 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). |