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County reports record occupancy tax revenue surge

July 23, 2024 | Warren County, New York



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

County reports record occupancy tax revenue surge
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.

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