Collection of 1% meal and beverage, hotel taxes in Dec. declines 34.9% Y/Y

COLLECTIONS of the local 1% hotel and meal and beverage taxes in December declined 60% and 32.5%, respectively, year over year in Rhode Island. / PBN FILE PHOTO/MARY MACDONALD

PROVIDENCE – The combined collection of the local 1% meal and beverage and hotel taxes declined 34.9% year over year in December, the R.I. Department of Revenue said Friday.

Meal and beverage tax collection for the month totaled $1.6 million, a 32.5% decline year over year. Hotel tax collections totaled $89,713, a 60.4% decline year over year.

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The largest year-over-year nominal decline in meal and beverage tax collection in all municipalities in the state occurred in Providence, where collections declined $221,085 year over year to $325,284.

Fiscal year to date in December, collection of the meal and beverage tax totaled $12.7 million, a 19.8% decline from collections at that time one year prior.

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Of the monthly hotel tax collection, $76,778 came from traditional hotels while $7,231 came from Realtors and homeowners, and $5,704 came from room resellers and hosting platforms.

The largest nominal decline in hotel tax collection for the month also occurred in Providence, with collections declining $45,456 year over year to $12,983.

Fiscal year to date in December, collection of the 1% hotel tax totaled $1.9 million, a 40.2% decline from collections at that time one year prior.

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