City Tax Receipts at Record Level

Sales tax revenue for fiscal 2014 has surpassed the record set in 2007, announced the City of Santa Barbara in a press release today. More than $20.9 million went to city coffers from sales tax, an overall growth of 6 percent over the previous year. For the months of April, May, and June 2014, the city received $5.4 million, 9 percent more than the same quarter the previous year. Tax revenue from hotels, motels, and B&Bs also went up, sending $2.35 million to the city for the month of August. This is 13.4 percent more than in August 2013 and brings the year-to-date bed tax to $4.5 million.