Title
Chief Administrative Office recommending the Board approve and authorize the Chair to sign Resolution 122-2018 for the November 2018 election to place the following ballot measure language requesting voters to support a 2% General Tax increase to the Transient Occupancy Tax rate, increasing the tax rate from 10% to 12% to tourists who reside in hotels, motels and vacation home rentals in El Dorado County:
Shall the measure to amend the El Dorado County Ordinance to:
1) Increase the tax rate upon short term occupants of hotels, motels, vacation home rentals and similar facilities in the unincorporated areas of El Dorado County from 10% to 12% of the rent charged to the visitor; and
2) Amend the Ordinance section to add that, “The revenue from the 12% tax may be spent for unrestricted general revenue purposes”, be adopted? (Est. Time: 45 Min,)
FUNDING: General Fund - Transient Occupancy Tax.
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office recommending the Board approve and authorize the Chair to sign Resolution 122-2018 for the November 2018 election to place the following ballot measure language requesting voters to support a 2% General Tax increase to the Transient Occupancy Tax rate, increasing the tax rate from 10% to 12% to tourists who reside in hotels, motels and vacation home rentals in El Dorado County:
Shall the measure to amend the El Dorado County Ordinance to 1) increase the tax rate upon short term occupants of hotels, motels, vacation home rentals and similar facilities in the unincorporated areas of El Dorado County from 10% to 12% of the rent charged to the visitor, and 2) amend the Ordinance section to add that, “The revenue from the 12% tax may be spent for unrestricted general revenue purposes”, be adopted?
DISCUSSION / BACKGROUND
Under Chapter 3.28 of the County Code of Ordinances, the County imposes and collects a 10% Transient Occupancy Tax (TOT) rate on the rent charged by the operator for occupancy of hotels, motels,...
Click here for full text