Good news for the Convention Center

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The 2010 revenues generated by the County Hotel Room Rental Tax is  $428,969  more than proceeds in 2009.   ($4,572,630 vs. $4,143,661.)

Also the interest rates on the bondsare significantly lower than had originally been  projected at the time that their issuance.

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  1. Anonymous

    Big question. Since hotel revenue taxes are supporting the convention center is it possible to learn what the tax assessment is on the hotel and what revenue such a tax would bring in to the city coffers? The mayor is always crying about tax exempt properties but he was quick to leave the hotel tax exempt.

    EDITOR: The sorry tale will be described in the next installment in the Convention Ceneter Series which we hope to soon complete.

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