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<br /> <br />Page 17 <br />1 <br />And what you have mentioned, waiting for that next -- <br /> <br />2 <br />that next tragedy or whatever to hit, right. <br /> <br />3 <br />Off the budget, the current proposed budget, <br /> <br />4 <br />how much of that is coming from 1, the increase in the <br /> <br />5 <br />GET, and 2, the TAT tax, the Transit Accommodation <br /> <br />6 <br />Tax? You said that's part of the budget, right? <br /> <br />7 <br />MS. SAKO: Yeah. So, TAT has been part of our <br /> <br />8 <br />budget for a while -- and that's actually 19 million <br /> <br />9 <br />dollars. That's our portion that the State gives us <br /> <br />10 <br />from all the transit accommodation taxes that they <br /> <br />11 <br />collect. And then the new fund, the short term <br /> <br />12 <br />vacation rental enforcement fund, is actually going to <br /> <br />13 <br />be from the registration fees now that the vacation <br /> <br />14 <br />rentals have to register. <br /> <br />15 <br />So, that portion is very small. I think it was <br /> <br />16 <br />less than a million dollars. The general excise tax <br /> <br />17 <br />fund for the coming year, we're projecting at 25 <br /> <br />18 <br />million, and that's based just on the first quarter <br /> <br />19 <br />percent that's been approved. The additional GET tax <br /> <br />20 <br />still has one more reading at the council, so that's <br /> <br />21 <br />not included in this version of the budget. But <br /> <br />22 <br />depending on what happens, it will be included in the <br /> <br />23 <br />May budget. <br /> <br />24 <br />MR. HARANO: Okay. But -- okay, so the <br /> <br />25 <br />quarter percent has been -- that has passed, right? <br />ISLAND COURT REPORTING & TRANSCRIPTION SERVICES <br /> <br />(808) 933-9800 <br /> <br />