TOT unspectacular in April | TahoeDailyTribune.com
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TOT unspectacular in April

After a stellar March, transient occupancy taxes collected by the city in April were lackluster.

The city of South Lake Tahoe collected $439,472 from customers of lodging properties, down 0.38 percent compared to April of 1998.

Occupancy held level at 35 percent and the average room price increased $1.44.



Rates for rental agencies increased by $7.77 and occupancy increased by 2 percent.

“It’s nothing to write home about,” said City Councilman Tom Davis, president of the Tahoe Keys Reservations Bureau. “I’d caste it as a typical April.”




Even though ski conditions remained good at South Shore, interest in the sport wanes in April, Davis said. Other springtime activities draw skiers away from the slopes.

“April is an iffy month,” he said. “There’s still skiing but everybody’s skied out.”

March, with the ski season still in full swing, was much better. At $833,000 in taxes collected, the month was 13.45 percent up compared to the same month a year ago. Compared to April of this year, March was about 90 percent better.

Thanks to great collections earlier in the fiscal year, the flat month of April did not put much of a dent in the year-to-date collections, which are 8.11 percent above last year.

The city collects a 10 percent TOT, or 12 percent in redevelopment areas. About 2 percent is dedicated to tourism promotions with the remaining going toward the general fund.

Transient occupancy tax collections are considered an indicator of the health of the economy.


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