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Venue and short-term rental tax collections up for June; year-to-date receipts rise 15%
Summary
The county tax office reported June venue and short-term rental tax receipts of $370,728.01 and a year-to-date total of $2,667,590.15, a 15% increase from the prior fiscal year. Account balances and disbursements as of June 30 were also provided.
Jasmine Sanchez of the Lubbock County tax office told commissioners that June collections for venue and short-term rental taxes totaled $370,728.01, with hotel taxes of $285,598.22 and car-rental taxes of $85,129.79.
Sanchez reported year-to-date totals of $2,667,590.15—up 15% from the prior fiscal year figure of $2,321,049.64. She also provided account figures as of June 30: total disbursements $7,910,640.62 and a balance of $17,281,923.55 in the venue bank account. Commissioners asked no follow-up questions during the presentation.
