The Ritz makes a big contribution to HMB’s revenues

$2.45 million, about 29 percent, of Half Moon Bay’s general fund revenue comes from the hotel tax, according to the County Times.

Half Moon Bay Finance Director Jud Norrell, won’t say exactly how much of that figure comes from the Ritz. He will say that the hotel has made a major financial impact on the whole city.

In the 2000-2001 fiscal year, when the Ritz opened, city hotel taxes increased by 38% to $1.82 million.