Meeting Time: April 28, 2020 at 9:00am PDT

Agenda Item

5b) Discussion and Possible Action Including Adoption of an Urgency Ordinance Deferring Remittance of Returns and Taxes, Without Penalty, Pertaining to the Transient Occupancy Tax (TOT) and the Lodging Business Improvement District (BID) Assessment Due by Non-Agent Lodging Operators on April 30, 2020 Until July 31, 2020 (Sponsor: County Counsel)

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    Walt Watson about 1 year ago

    The TOT should be remitted as soon as it is collected. Some lodgings apparently hold them as deposits and use funds for other purposes, hoping to replenish the TOT. This is not a good accounting practice.