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