Short Term Rental (STR) Tax Fund


Overview

The short-term rental (STR) tax fund is a special revenue fund.


During the November 8, 2022 special election, voters approved a 9% tax on short term rentals effective January 1, 2023. Short-Term Rental tax (STR tax) is dedicated for use to increase the stock of affordable and attainable housing by providing incentives and contributions to facilitate the development of affordable and attainable housing at locations including, but not limited to, Brown Ranch and to provide funding for infrastructure associated with affordable and attainable housing, including without limitation, energy, stormwater, water, wastewater, and multi-modal transportation. The 2024 estimated ending fund balance is $22.5 million.






Expenditures by Classification


Revenues by Classification

Revenues and Expenditures


The Numbers Over Time - Expenditures

The Numbers Over Time - Revenues