Pac Premier
Giving Guide
You are here:  Home  >  Current Article

Morro Bay makes its BID

By   /   Friday, May 22nd, 2009  /   Comments Off on Morro Bay makes its BID

    Print       Email

Morro Bay is set to start taxing visitors to the coastal town to help pay for promoting and marketing the city, The [San Luis Obispo] Tribune reported.

City leaders approved a Business Improvement District that will charge 3 percent of gross lodging sales per property the first year of the tax and 2 percent in subsequent years. It’s up to hotel owners whether to roll the tax into room rates.

City leaders told the Tribune they expect to raise $500,000 the first year and $300,000 each year afterward. The city will start collecting June 1.

Are you a subscriber? If not, sign up today for a four-week FREE trial or subscribe and receive the 2009 Book of Lists free with your purchase.

    Print       Email