The dip in TOT in fiscal year 2014-15 is accounted for by the closure of the Casa Malibu Hotel. Projected revenues go back up in 2015-16 with the opening of new hotels in the City.
Transient Occupancy Tax Collected Total
The dip in TOT in fiscal year 2014-15 is accounted for by the closure of the Casa Malibu Hotel. Projected revenues go back up in 2015-16 with the opening of new hotels in the City.