Title
HEARING - Consider the Transient Occupancy Tax Rate, as follows: (EST. TIME: 45 MIN.)
a) Receive and file a report from staff regarding a possible vulnerability related to the Board's 1990 two percent (2%) transient occupancy tax increase;
b) Adopt a Resolution Proposing to Continue the Transient Occupancy Tax Rate at Its Current Level of Ten Percent (10%), Submitting the Proposed Language for Continuation to the Electorate for Approval, and Requesting and Ordering Consolidation with the June 8, 2010 General Election on Said Tax Rate Continuation (4/5 Vote Required); or
c) Consider the introduction (first reading) of an Ordinance Amending Section 32-12 of the Santa Barbara County Code to Decrease the Transient Occupancy Tax Rate from Ten Percent (10%) to Eight Percent (8%) of the Rent Charged and Repealing Ordinance No. 3889 (the Decrease and Repeal Ordinance);
i) Set hearing for February 9, 2010 to consider the adoption (second reading) of the Decrease and Repeal Ordinance; and
ii) Set hearing for February 9, 2010 to adopt a Resolution Proposing to Increase the Transient Occupancy Tax Rate from Eight Percent (8%) to Ten Percent (10%), Submitting the Proposed Language for Increase to the Electorate for Approval, and Requesting and Ordering Consolidation with the June 8, 2010 General Election. (4/5 Vote Required)
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: POLICY