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11-30-16 Council Agenda Packet - amended
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11-30-16 Council Agenda Packet - amended
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Agenda Packet
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11/30/2016
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7/15/2016
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CE,O|CFFS|M2016 <br />ITY OF UGENEREGON ONSERVATION INANCE EASIBILITY TUDY AY <br />the $97per capita generated in Ashland. <br />This estimate is in line with a 2014 report <br />from the City of Eugene Revenue Team, <br />1%$3,100,000 <br />which estimated that a 5 percentrestaurant <br />3%$9,300,000 <br />tax would raise approximately $15.5 <br />5%$15,500,000 <br />million annually, based on a 2007 <br />Source: City of Eugene, Revenue Team Report <br />Economic Census report of restaurant sales <br />*Does not include cost of administration. <br />37 <br />in the city. Thus, a 1 percent tax could be <br />expected to generate roughly $3.1 million per year. This tax would be borne by visitors as well as <br />residents. Further research is needed to determine what portion of the revenue would be generated <br />by visitors. See Appendix E for implementation and ballot language requirements. <br />Transient Room Tax <br />Transient lodging taxes (TLT), or the Transient Room Tax (TRT) in Eugene, are one of the most <br />direct means for jurisdictions to collect revenues from visitors. During 2014, 85 cities and 15 <br />counties in Oregon levied a locally administered TLT. This tax, ranging from 2 percent to 13.5 <br />percent, is collected on the sale (i.e., rental) of a room at a lodging establishment such as a hotel, <br />38 <br />motel, bed and breakfast, or at a campground site or RV park. Oregon recently raised the state <br />lodging tax of 1 percent to 1.8 percent for four years, beginning in July 2016, and to 1.5 percent <br />39 <br />after that. <br />To fund the promotion of tourism, the 2003 Legislative Assembly (HB 2267) established a <br />statewide transient lodging tax and the Oregon Tourism Commission. Transient lodging was <br />defined as “hotel, motel and inn dwelling units that are designed for temporary overnight human <br />occupancy, and includes spaces designed for parking recreational vehicles during periods of human <br />occupancy of those vehicles.” The law required the Oregon Tourism Commission to use at least 80 <br />percent of lodging tax net receipts to fund state tourism marketing programs and up to 15 percent to <br />40 <br />implement regional tourism marketing programs. <br />For new or increased local government lodging taxes imposed by cities and/or counties, the law <br />required that at least 70 percent of net revenue be used to fund tourism promotion or tourism <br />related facilities. The law also required that new or increased local lodging taxes allow for at least 5 <br />percent of the tourism revenues to be retained by lodging providers to cover tax collection <br />41 <br />administrative costs.This leaves 30percent which can be used for city services, such as parks and <br />42 <br />recreation. <br />Eugene currently imposes a 4.5 percent tax under the authority of the city’s Transient Room Tax <br />Ordinance on all overnight stays in the city, including hotels and motels, campgrounds, retreat <br />centers, RV parks, bed and breakfasts, and vacation rentals. The tax is collected by the lodging <br />operator, who retains a collection fee of 5percent of the amount collected and remits the balance to <br />37 <br />Revenue Team, Report to the City of Eugene Budget Committee, April 2014, http://eugene-or.gov/2582/Revenue-Team <br />38 <br />Oregon Travel Impacts 1991-2014, April 2015, Dean Runyan Associates <br />39 <br />http://registerguard.com/rg/news/local/34122721-75/story.csp <br />40 <br />Oregon’s State Lodging Tax, Oregon Department of Revenue, April 2015 <br />41 <br />Oregon’s State Lodging Tax, Oregon Department of Revenue, April 2015 <br />42 <br />Oregon Revised Statutes §320.350 <br />22TTPL::CFD <br />HE RUST FOR UBLIC AND ONSERVATION INANCE EPARTMENT <br /> <br />
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