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1/2/2025 <br />11 <br />Hotel Tax <br />•Hotel Tax was the General Fund’s third largest <br />revenue source pre-pandemic <br />•Pleasanton’s hotel tax rate is 8% <br />•Annual revenue: <br />•Pre-pandemic: >$6.5M <br />•Post-pandemic: ~$4.0M to $5.0M <br />•Lost $12.0M in revenue (so far) <br />21 <br />What Does the General Fund Pay For? <br />22 <br />•Close to 50% of the General Fund budget supports public safety programs <br />21 <br />22 <br />Page 95 of 109