2% Hike Considered in Hotel Guest Tax
The Santa Monica City Council is considering raising its tax on hotel guests in Santa Monica from 10% to 12%, beginning in October.
The transient occupancy tax would bring in an additional $897,000--most of which has already been worked into this year’s budget.
“We’ll be generating revenue, which this city needs from sources that can afford it,” Councilman David Finkel said.
City Manager John Jalili said a hotel marketing consultant had calculated that the increase would not have an adverse impact on the industry.
Every council member except Christine Reed voted to instruct the staff to prepare an ordinance, which will be considered June 27.
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