Los Angeles
Budget & Finance
Agenda Item 12
(12)\n241456\nMotion (McOsker, Blumenfield – Krekorian) relative to reviewing the City's\nTransient Occupancy Tax (TOT) and report with other municipalities' TOT\npractices, recommendations to maximize the City's overall TOT tax\nrevenue, and recommendations for closure of TOT collection and\nremittance loopholes in preparation of the 2028 Olympic Games.\nCommunity Impact Statement: None submitted