In a recent government meeting, officials reported a significant increase in occupancy tax collections for the county, highlighting a 17% rise in total revenue from the previous year. As of July 22, 2024, the county has collected approximately $1.8 million in occupancy taxes, which include contributions from hotels, motels, and short-term rentals.
The report detailed that short-term rentals alone accounted for about 12% of the total occupancy tax revenue, with collections reaching around $219,000. This figure represents a remarkable 66% increase compared to the same period last year, indicating a surge in activity within the short-term rental market.
Officials noted that while short-term rentals are growing, they still make up a relatively small portion of the overall occupancy tax revenue. The continued upward trend in both total and short-term rental collections suggests a robust tourism sector and increasing demand for various lodging options in the county.