Room Tax Summaries

Tax summaries list the gross rents, taxable rents and tax required to be collected by operators as reported on the quarterly tax returns.  The numbers are grouped into Municipal-determined market segments: Upper Market, Mid-Market, Economy and Other.  Generally speaking, hotels and motels make up most of the upper class, mid-market and economy market segments.  Bed & breakfasts, vacation rentals, and miscellaneous types are grouped together in "Other".  AMC 12.20.060, Confidentiality of records, requires the Municipality protect financial information reported on the individual tax returns. Therefore, Treasury cannot provide more detailed breakouts of rents and tax if doing so would violate AMC 12.20.060.

Our intent in publishing these summary reports is to provide a general measure of room rental activity within the Muncipality in a timely manner. Please carefully read the disclaimers in the following section regarding the use of these reports.

Disclaimers

The tax return summary reports available on this web page are compiled from Room Tax Returns filed with the Municipality of Anchorage and reflect the lodging facility rental activity and associated room tax effects in particular time periods. For the current year only, the values for prior quarters are updated each time a new report is issued. However, once the report has been created for the 4^th  Qtr. of each calendar year, the report will no longer be updated. Therefore, the balances shown in the summary reports do not include the effects of subsequent events, including but not necessarily limited to, the following:

• Undetected errors on Room Tax Returns filed with the Municipality,
• Unreported transactions as determined by a municipal audit of an operator's records,
• Prior year Room Tax Returns amended by an operator, and/or
• Unremitted room taxes due to the Municipality that become uncollectible.

Our analytical review shows that such excluded events are immaterial and would have a very minor impact (<1%) on the balances shown in these summary reports.

These summary reports have not been subjected to independent audit, are not a component of the official financial statements of the Municipality of Anchorage, and do not necessarily represent room tax revenues received or recognized by the Municipality for a given year. The Municipality recognizes room tax revenues in accordance with standards promulgated by the Governmental Accounting Standards Board (GASB). Please refer to the Municipality’s Comprehensive Annual Financial Report (CAFR) for the total room tax revenue recognized by the Municipality for a particular calendar year. The CAFRs for 2001 forward may be found by clicking here.