Tag: united states fiscal cliff

With the number of hotel rooms expected to double in Scotts Valley in the next 18 months, and with a  “fiscal cliff” lying ahead for the city budget, several city council members think it may be an opportune time to raise the local hotel room tax, called the Transient Occupancy Tax (TOT).  The question, is by how much?

In view of the “fiscal cliff” lying ahead for the City of Scotts Valley, the city council is keeping its promise of looking for every possible way to improve the city’s fiscal situation.  At last week’s city council meeting, these efforts included a workshop on city fees, aimed at getting closer to cost recovery for some city services, and a discussion about raising the Transient Occupancy Tax (TOT) or “local hotel room tax” from 10 percent of hotel room charges to 12 percent.