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Utility User Tax (QUIT) Overview <br />Utility Users Tax represents the fourth largest revenue source forthe City <br />The UUT is applied to four categories: <br />•Electncity (48.0 %oftotal UUTrevenues) <br />•Telephone (34.1 %0ft0tal UUT revenues) <br />•Water (9.6% of total UUT revenues) <br />•Gas (8.3% of total UUT revenues) <br />FY3016171UL-0EC m H301S361UL -0EC Variance Report <br />Top General Fund Revenue Business License <br />Business License <br />• Business License represents the fifth largest revenue source for the City <br />Number of Business Licenses: <br />o 2016 = 30,593 vs. 2015 = 29,107 <br />Top General Fund Revenues Hotel Visitors' Tax (HVT) <br />Hotel Visitors' Tax (HVT) <br />-Hotel visitors' Taxis the sixth largest general fund revenue <br />- HVT Rate since January 2005 is 11% <br />-Total number of hotels is 36. <br />-The top 10 generate 75% of the City's Hotel Visitom'tax. <br />aestWevhm Omn eCOUn AI wlxaM <br />Ce�erloeE Suxes <br />CourtriecusyMarplattilantafitra <br />GoubletreeClub Hotel <br />Oaubletraelloal SenteAna Grarpe CouNMNMpri <br />FinM Sidles <br />Wm nIYn SSuRes <br />1100 Inn Ore Cp, n <br />1-e0uinteirourN06 <br />SouffiCoastMaInGCourtyand <br />General Fund Operating Budget <br />CITY COUNCIL MINUTES 21 FEBRUARY 21, 2017 <br />1 OA -21 <br />IIIIIIIIIIP' f" �IIIIIIIIIIIIIIIIIII�IIIIIIIIIIIIIIIIIII� <br />s ua..0 u <br />Top General Fund Revenue Business License <br />Business License <br />• Business License represents the fifth largest revenue source for the City <br />Number of Business Licenses: <br />o 2016 = 30,593 vs. 2015 = 29,107 <br />Top General Fund Revenues Hotel Visitors' Tax (HVT) <br />Hotel Visitors' Tax (HVT) <br />-Hotel visitors' Taxis the sixth largest general fund revenue <br />- HVT Rate since January 2005 is 11% <br />-Total number of hotels is 36. <br />-The top 10 generate 75% of the City's Hotel Visitom'tax. <br />aestWevhm Omn eCOUn AI wlxaM <br />Ce�erloeE Suxes <br />CourtriecusyMarplattilantafitra <br />GoubletreeClub Hotel <br />Oaubletraelloal SenteAna Grarpe CouNMNMpri <br />FinM Sidles <br />Wm nIYn SSuRes <br />1100 Inn Ore Cp, n <br />1-e0uinteirourN06 <br />SouffiCoastMaInGCourtyand <br />General Fund Operating Budget <br />CITY COUNCIL MINUTES 21 FEBRUARY 21, 2017 <br />1 OA -21 <br />