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Treasurer: short-term rentals rise while hotels lag; county grapples with inconsistent platform tax collection and long-term STR impacts
Summary
Warren County Treasurer Christine Norton told the Occupancy Tax Coordination Committee on June 23 that year-to-date occupancy-tax receipts showed a small decline driven by a roughly 12% drop at hotels, motels and resorts and a roughly 10% increase in short-term rentals.
Warren County Treasurer Christine Norton told the Occupancy Tax Coordination Committee on June 23 that year-to-date occupancy-tax receipts showed a small decline driven by a roughly 12% drop at hotels, motels and resorts and a roughly 10% increase in short-term rentals (STRs).
“I collect the money. So I get the money in based on our 4% occupancy tax. Heather distributes the money,” Norton said while presenting the treasurer’s quarterly receipts and trend analysis.
Norton cautioned that June numbers were still incomplete because the county’s deadline for quarterly and monthly reporting is June 20 and some large hotels had not yet submitted. She said the apparent 4% year-to-date decline is likely to narrow when outstanding June submissions arrive.
Platform collection inconsistenc…
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