SOUTHPADREISLAND — There are some “cheaters” on the Island, and they apparently owe the city some money.
“We are leaving dollars on the table,” said Elena Jones, a resident and property manager. “I mean lots of dollars.”
This week, the City Council agreed to establish a permanent three-member “sub-committee” to establish policies to closely monitor and enforce the short-term rental ordinance.
It was intended to ensure owners of rental property pay hotel occupancy taxes.
The enforcement of that ordinance started in July of 2015.
Rental owners should be collecting 14.5 percent hotel tax on behalf of the state and the city. The city should receive 8.5 percent and the state 6 percent.
Texas Comptroller Glenn Hager says nobody wants to pay taxes and those who don’t are not only cheating the state, they also are cheating their community.
Jones said there are thousands of short-term rental condominiums on the Island.
For the rest of this story and many other EXTRAS, go to our premium site, www.MyValleyStar.com.
Subscribe to it for only $6.99 per month or purchase a print subscription and receive the online version free, which includes an electronic version of the full newspaper and extra photo galleries, links and other information you can’t find anywhere else.