Lodgers’ tax is something many citizens may have heard of, but understanding the specifics of how it works and how its benefits Roswell can be a challenge for anyone who doesn’t deal with it on a regular basis. With that in mind, the City of Roswell is putting the spotlight on lodgers’ tax in the second installment of its “Money Matters” video series.
The city is producing this special video series to inform its citizens about the different types of funds through which city finances are managed. The “Money Matters” series began in March with a video giving an overview of Enterprise Funds and the city departments that operate with those types of funds. That video, the lodgers’ tax video and future videos in the series can be found on the city’s website and social media (Facebook, Twitter, Instagram, YouTube).
Lodgers’ tax is a 5-percent tax paid by customers of hotels, motels and other lodging establishments. State law allows municipalities to collect this tax through lodging businesses. The revenue from this tax is used on tourism-related promotion of the city and for expenses related to tourism events and certain facilities. The second “Money Matters” video explains the details of how the city handles and uses lodgers’ tax.