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CC - ACTION ITEM: (1) Review and Discuss the Proposed Increase of the Transient Occupancy Tax (TOT) Rate from 14 percent to 16 percent; (2) If Desired, Direction to the City Manager to Return With a Resolution and Proposed Ordinance for Approval by the Voters and (3) Direction to the City Manager as Deemed Appropriate.
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Meeting Date: July 13, 2026
Contact Person/Dept.: Stephen Agostini, Assistant City Manager
Michael Towler, Interim Assistant Chief Financial Officer
Phone Number: (310) 253-5865
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Attachments: Yes [] No [X]
Public Notification: (E-Mail) Meetings and Agendas - City Council (07/08/2026)
Department Approval: Lea Eriksen, Sr. City Manager (0708/2026) _____________________________________________________________________
RECOMMENDATION
Staff recommends that City Council (1) review and discuss the proposed increase of the Transient Occupancy Tax (TOT) rate from 14 percent to 16 percent Citywide; (2) if desired, direction to the City Manager to return with a resolution and proposed ordinance for approval by the voters; and (3) provide direction to the City Manager as deemed appropriate.
BACKGROUND
The City's long-term strategic goals have consistently emphasized fiscal sustainability and the need to evaluate and strengthen existing revenue sources. This priority was reaffirmed in the Fiscal Year 2024-2029 Adopted Strategic Goals, which called for proactive measures to ensure the City's financial stability.
Culver City residents have historically supported revenue measures that fund essential municipal services, including public safety, mobility and community programs. While these measures generated important new revenue streams, structural fiscal challenges persisted. The Fiscal Year 2025-2026 Adopted Budget projected a $20.7 million deficit, with expenditure growth continuing to outpace revenue growth. Without corrective action, the ...
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