A five percent occupancy tax is imposed on the rental of rooms in hotels, motels, or bed and breakfast establishments in the City of Binghamton. Exemptions are granted for permanent residents (maintaining occupancy for at least 30 consecutive days) and for certain specified exempt organizations. The tax is generated to fund activities to promote the City of Binghamton.

The initial authorization to impose the tax was established by Local Law 5 of 2024 and approved by the Department of State on November 18, 2024.

The operator of a hotel, motel, bed and breakfast or online remarketer must file a quarterly return with the City which computes the amount of tax owed. The return, along with a check made payable to the City of Binghamton, must be returned to the city by the below due date(s).