Local accommodations tax funds the operation and maintenance of current tourism related facilities. It also funds necessary capital expenditures to promote quality of life, tourism, recreation, including future park facilities, cultural, and historic structures, and to provide infrastructure and promotion to and for these projects, without relying solely upon property taxes and business license taxes.
A 3% accommodations tax is imposed on the gross proceeds derived from the rental or charges for any rooms, campground spaces, lodging, or sleeping accommodations furnished to transients by any hotel, inn, tourist court, tourist camp, motel, campground, residence, or any place in which rooms, lodgings, or sleeping accommodations are furnished to transients for consideration within the City of Cayce.
Taxes will be remitted to the Business License Office by the 20th of each month for the prior month's total gross collections.
A penalty of 5% per month will be charged for any payments received after the deadline of the 20th.