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Tigard reviews transient lodging tax: $2.2 million balance, council asks for strategy and community input
Summary
Finance director Eric Kang reported on Tigard’s transient lodging tax (2.5%), noting a $2.2 million fund balance and options including continued grant funding, a bond to finance tourism facilities or expanded event funding; council asked staff to pursue a community survey and a tourism strategy before changing uses or rates.
The Tigard City Council received a report on the city’s transient lodging tax (TLT) on March 4 and directed staff to return with a community-engagement plan and strategic options for using the accumulated balance.
Finance Director Eric Kang said the TLT is a 2.5% tax on hotel room rates collected by lodging operators; state statute requires that 30% of proceeds may be used for general operations and 70% be dedicated to tourism-related promotion or facilities. Kang reported the fund has accumulated…
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