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HomeMy WebLinkAbout#06 - Lodging TaxSTAFF REPORT DATE: October 10, 2017 AGENDA ITEM: Lodging Tax SUBMITTED BY: Kristina Handt, City Administrator BACKGROUND: Council members Fliflet and Lundgren requested this item be placed on the agenda for discussion. State Statute allows cities to impose a local lodging tax up to 3% on the gross receipts of lodging in the city. 95% of those funds must be used to fund a local convention or tourism bureau for the purposes of marketing and promoting the city. Staff was asked to contact Oakdale to see if they impose this tax. They do not. At this time they do not have any plans to do it. ISSUE BEFORE COUNCIL: Should the city adopt an ordinance imposing a lodging tax? PROPOSAL DETAILS/ANALYSIS: Staff was asked to bring this forward for discussion. Items Council could discuss included whether or not they want to pursue this; how much the tax would be (upto 3%); which convention or tourism bureau would receive the funds; when would the tax begin, etc. FISCAL IMPACT: Staff estimates the lodging tax at 3% could generate $150,000 annually. Of that amount $142,500 or more would go to a convention or tourism bureau. OPTIONS: 1)Direct staff to prepare an ordinance to bring to a regular council meeting 2)Identify further questions or concerns to research 3)Do not move forward with pursuing a lodging tax ATTACHMENT: MN Stat 469.190