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Sherwood reviews transient lodging tax collections, uses and possible rate changes
Summary
City staff briefed the council March 18 on Sherwood’s 3% transient lodging tax (TLT), which has generated about $632,000 since inception; councilors discussed current allocations to the arts and economic development, a pending Oregon bill (HB 3556) that could expand allowable uses, and the prospect of researching a rate increase.
Sherwood City Council reviewed the city’s transient lodging tax (TLT) during a March 18, 2025, work session, receiving background on current collections, legal constraints and possible future uses.
David, a staff member, summarized the tax and its history: “the city of Sherwood implemented a 3% tax back in February 2019” that became effective April 1 after a 30‑day waiting period. David told the council that total city collections since inception are a little over $632,000 and that collections rose after the Hampton Inn opened in summer 2020—averaging about $150,000 after the hotel opened versus roughly $4,000 prior to it.
David described statutory restrictions the council must follow: “70% of the net revenue must be used to fund tourism promotion, tourism related facilities, finance or refinance the debt of tourism…
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