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City staff outline budget timeline and say council has directed hotel tax increase for November ballot
Summary
Staff described a multi-step budget calendar, a five-year forecast and a draft capital improvement program, and said the City Council has directed staff to pursue a November ballot measure to raise the transient occupancy tax from 10% to 12%.
City staff laid out the budget calendar for the coming months and said the City Council has directed staff to pursue a November ballot measure to raise the transient occupancy tax (TOT) from 10% to 12%, the Moderator said.
The Moderator said the city is "fully 2 feet into budget season" and that staff delivered a first draft of a five-year forecast and the initial five-year capital improvement program, which lists planned physical projects and…
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