Vacation Rental boom cooling; TOT tax could raise to 11% across Morongo Basin
On Friday’s Z107.7 Up Close Show, host Gary Daigneault spoke with Chair of the County Board of Supervisors Dawn Rowe, who discussed her assessment that the short term vacation rental boom in the high desert is cooling off. She explained how the county utilizes funds from the Transient Occupancy Tax, also known as TOT, which is a fee collected on all short term vacation rentals. The City of Twentynine Palms has projected a loss of $100,000 in TOT revenue for the next two years, but Rowe said the…