Ulster County Comptroller March Gallagher released a two-part report on the program and finance aspects of occupancy tax revenues for short-term rental transactions in Ulster County. Occupancy tax collections have increased from $1.2 million in 2014 to over $2 million in 2019. Airbnb, just one online short-term rental platform, reported $31.9 million in 2019 platform-generated revenues for Ulster County which should have resulted in $638,000 of occupancy tax, however, current methods of occupancy tax recordkeeping do not allow monitoring of short-term rental revenue separately.
