3.2.3 Hotel Tax Revenue: The current ordinance sets hotel tax fees at 7 percent of taxable hotel revenue. Unlike other revenue sources, Hotel tax revenue experienced a consistent growth over the past 10 years. Tax revenue grew from $790,657 in 2014 to $1,346,468 in 2024 increasing by 70% from base year 2014. The growth in revenue was due to increase in the number of hotels in DeSoto. The number of hotels in DeSoto increased from 7 in 2010 to 12 Hotels in 2024. The forecast model assumes a 1% increase for each of the next5-years.
Hotel Occupancy Tax Revenues
$1,450,000
$1,350,000
$1,250,000
$1,150,000
$1,050,000
$950,000
$850,000
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
3.3 Municipal Court Revenue: Municipal court revenue experienced an unusual growth rate in 2014 where revenue went from $998,413 in 2013 to $1,565,865 increasing by 57% from previous year. This is mainly attributed to the growth in revenue from Fines and Fees. There were also changes in in management and staffing in the Municipal Court Department. The court has added the following technological advances to help improve the collections of fines and cost. A new license plate reader was purchased for the Marshals office to use to help serve warrants. The court has also implemented a new “Text Message” program that sends all defendants text message reminders. These text messages also have the added convenience of giving the defendant a link to click on that takes them directly to an online payment processor. Video Conferencing is now an option for defendants to attend court online instead of travelling to DeSoto .
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