To: Board of Supervisors
From: County Administrative Office
Agenda Section: Departmental
Vote Requirement: Majority
SUBJECT:
title
Transient Occupancy Tax (TOT) Fiscal Year (FY) 2024-25 and Future Years Funding Recommendations Related to Measure J
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Consider options for the allocation of Measure J funding for FY 2024-25;
2. Consider providing staff direction on the allocation of Measure J funding for future fiscal years;
3. Authorize the County Administrative Officer to execute agreements and amendments necessary to implement the Board's direction, after review from Risk Management and County Counsel; and
4. Take other action as appropriate.
Body
STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.
Area of Focus: A Diverse, Equitable & Robust Economy
Strategic Plan Category: 2002 - Promote a robust tourism economy
DISCUSSION:
On Feb. 7, 2023, your Board reviewed funding recommendations developed by the Transient Occupancy Tax (TOT) workgroup for the allocation of the Measure J voter-approved TOT increase from 10% to 12% and which added RV Parks and Campgrounds. The TOT workgroup provided the Board three proposals for funding through FY 2024-25 for the following services Housing, Arts, Tourism, Film, and Public Safety. Each proposal prioritized a different sector. The anticipated total available allocation was $880,000.
The first proposal prioritized Housing:
The second proposal prioritized Tourism, Film and Arts:
The third proposal prioritized Public Safety:
Ultimately, your Board elected to fund Housing at 30%, Arts at 30%, Public Safety at 30%, and Film at 10%, with no funding to tourism. Additionally, your Board requested to review these allocations earlier than proposed, only allocating funding through FY 2023-24.
Housing: The housing allocation provided a portion of grant match funding to build affordable housing, o...
Click here for full text