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Agenda Item

7.16 15-0528 Subject: Transient Occupancy Tax Revenue Allocation To The Affordable Housing Trust Fund From: Councilmembers Annie Campbell Washington And Abel J. Guillen Recommendation: Adopt A Resolution Allocating From The General Purpose Fund To The Affordable Housing Trust Fund, $350,000 Of The Transient Occupancy Tax Revenue Received From Transient Residential Hosting Platforms Over And Above The Amount Budgeted In The Fiscal Year 2015-17 Adopted Budget, Annually In Each Year Of The Fiscal Year 2015-17 Adopted Budget