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HomeMy WebLinkAbout11122024 Colby Lawrence Laydown Bed TaxIel Y V/ 4� 11/11/24 Seward Bed Tax and Sales Tax & Surrounding Area (` �'q V—( L-V vt L 2-(Z-v�ly of City Borough 2023 Bed & 2023 Bed & Sales Hospitality Tax City 2023 Bed Tax Sales Sales TotalTax % 4% Sales Tax Tax Revenue, Rev. vs 23' Bed Tax Revenue Tax Tax (Hospitality) Actual(**) Sales/Bed Tax Rev. A B C D E G H 1 Seward -Outside 3.0% 3.0% 0% 2 Soldotna 3.0% 3.0% 6.0% $ 9,384,000 0% 3 Kenai 3.0% 3.0% 6.0% $ 9,345,000 0% 4 Valdez 6.0% 6.0% $ 497,400 (2022) 5 Homer 4.85% 3.0% 7.9% $ 12,400,000 0% 6 Seward -Inside 2024 4.0% 4.0% 3.0% 11.0% $ 840,428 $1,680,856 $ 8,697,211 19% 7 Anchorage 12.0% 12.0% $12,500,000 0% 8 Seward -Inside 2025 8.0% 4.0% 3.0% 15.0% $ 1,680,856 $ 2,521,284 $ 9,537,639 26% (Proposed) ** Only 2023 Actual Sales and Bed Tax Revenue, excl other taxes/fees, EX Property Tax