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Agenda - 03-18-2025; 7-b - Occupancy Tax Uses Discussion
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Agenda - 03-18-2025; 7-b - Occupancy Tax Uses Discussion
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Last modified
3/13/2025 11:34:56 AM
Creation date
3/13/2025 11:39:30 AM
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BOCC
Date
3/18/2025
Meeting Type
Business
Document Type
Agenda
Agenda Item
7-b
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VISITORS BUREAU FUND �1 <br /> • Occupancy Tax revenues are budgeted in a <br /> special revenue fund - the Visitors Bureau Fund <br /> • Other major revenue in the Fund - Town of <br /> Chapel Hill contribution . <br /> — Town provides a portion of its prior year's Occupancy Tax to the <br /> Visitors Bureau Division through long standing contract. Funds <br /> specified for visitor center activities <br /> • Majority of Visitor Bureau Fund supports the <br /> Visitors Bureau Division <br /> • Fund also supports the operations of the Arts <br /> Commission , and some related outside <br /> agencies . <br /> — Less than 10% of Fund's FY 25 Budget ORANGE COUNTY <br /> NORTH CAROLINA <br />
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