City Officials Say Short Term Vacation Rentals Paying Off Revenue Wise

  • Tuesday, October 30, 2018

City officials, in a review of its short term vacation rental program, said it has brought in some $142,000 in revenue. Expenses were listed at around $36,000, not counting staff time.

Most of the revenue is from taxes paid to the city by the hosts. Just over $10,000 was received for processing fees.

Donna Williams, who heads city Economic and Community Development, said the city has not had to take any action against hosts for any violations. A host can lose the certificate if taken to City Court on two violations.

However, the city has been busy sending notices to those renting rooms without being in the approved boundaries or not holding a certificate.

Ms. Williams said that crackdown will be expanded to sections outside the short term vacation district boundaries.

Since the new system was established in June 2017, there have been 195 applications submitted. Of those, 54 are owner-occupied.

Applications:

District 1 29

District 2 64

District 3 2

District 4 0

District 5 0

District 6 1

District 7 55

District 8 28

District 9 16

 

 

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