Page 465 - FY 2022-23 Proposed Budget

TOT – Short- • Fiscal Year 2021-22
term Rental Short-term rental receipts are TOT - Short Term Rental
estimated to end the fiscal year at
around 49.6% below the FY2018-19 $41,158
pre-pandemic levels.
• Fiscal Year 2022-23 $31,660
Projected $41.2 million assuming
30.0% increase year over year, $23,735
34.4% below fiscal year 2019.

FY2020-21 FY2021-22 FY2022-23
Actual Estimated Projected
Reciepts Reciepts Receipts

Documentary • Fiscal Year 2021-22
Transfer Tax Documentary Transfer Tax is
estimated to grow by 22.0% based Documentary Transfer Tax
on current year trends.
• Fiscal Year 2022-23 $287,860 $287,860
The FY2022-23 projection assumes $235,922
that receipts will remain at the
same level, as rising prices and
interest rates limit the number of
sales.
FY2020-21 FY2021-22 FY2022-23
Actual Estimated Projected
Reciepts Reciepts Receipts

Parking Users’ • Fiscal Year 2021-22
Tax Parking users’ tax is estimated to be Parking Users' Tax
$102.0 million based on current year
trends. $102,041 $112,245
• Fiscal Year 2022-23
The projected growth is 10.0% to
$112.2 million. $58,844

FY2020-21 FY2021-22 FY2022-23

Actual Estimated Projected
Receipts Reciepts Receipts

P

434