= $44,693.42 POTENTIAL collections shortfall from short term rentals - - PowerPoint PPT Presentation

44 693 42
SMART_READER_LITE
LIVE PREVIEW

= $44,693.42 POTENTIAL collections shortfall from short term rentals - - PowerPoint PPT Presentation

2018-2019 Hotel Occupancy Tax Collections $1,058,223 in short term rental total revenue (according to Texas Hotel Performance Factbook) $63,493.38 $18,799.96 in short term rental HOT obligations collected short term rental HOT (assuming


slide-1
SLIDE 1
slide-2
SLIDE 2

2018-2019 Hotel Occupancy Tax Collections

$1,058,223

in short term rental total revenue (according to Texas Hotel Performance Factbook)

$63,493.38

in short term rental HOT obligations (assuming 100% taxable revenue)

$18,799.96

collected short term rental HOT

= $44,693.42

POTENTIAL collections shortfall from short term rentals

slide-3
SLIDE 3
slide-4
SLIDE 4

TOURISM BENEFITS ALL OF US

1 in 10 jobs

statewide (EVEN MORE here in Alpine)

$681 tax savings

for EVERY Alpine resident!

$4.1 million in state and local tax revenues from visitors in 2017 divided by Alpine’s estimated population of 6,020

slide-5
SLIDE 5
slide-6
SLIDE 6
slide-7
SLIDE 7
slide-8
SLIDE 8
slide-9
SLIDE 9