Lodging tax.

03LSO-0034.L2

FISCAL NOTE (HB0252)

 

 

 

FY 2004

FY 2005

FY 2006

NON-ADMINISTRATIVE IMPACT

 

 

 

Anticipated Revenue Increase:

 

 

 

SPECIAL REVENUE FUND

1,948,662

1,997,378

2,047,313

 

Source of revenue increase:

 

2 percent lodging tax in the cities, towns, and counties that currently do not have a lodging tax as of April 1, 2003.

 

Assumptions:

 

  1. Assume the cities, towns, and counties that do not have a lodging tax, do not vote in a tax before FY 2004.

 

  1. The inflation rate is assumed to be 2.5 percent.

 

  1. 19 of Wyoming’s 23 counties have a county wide lodging tax of 2 percent or more.

 

  1. 3 of the 4 remaining counties that do not have a county wide lodging tax have cities and towns that have a lodging tax of 2 percent or more. These cities and towns represent the majority of the lodging services in these three counties.

 

 

 

 

 

 

 

 

 

Prepared by: Dean Temte, LSO Phone: 777-7881

(Information provided by Richard Reynders, Dept. of Revenue; 777-7904)