Re: Another result of hotel/motel tax increase
Originally Posted by
mranderson
it is not only the region, it is nationwide. Oklahoma City has one of the lowest motel taxes in the countyr. When I budget hotel costs on a trip, I use 12% which I have calculated as the national average. We should have gone for 10%. We would still be in great shape.
Anderson, I totally agree!!!!
OKC should have gone for a higher tax. The revenue could have been used for more than just the fairgrounds.
Of the 10%, the following Annual Allocation rates:
3% allocated for operations and maintenance of municipal attractions (like fairgrounds, Cox, Ford, Civic, Stage, Zoo, other municipal attractions)
2.5% allocated for ongoing Fairgrounds Capital Fund (Bonds)
1% allocated for OKC Chamber, particularly the visitors centre - Advertising
1% allocated for OKC Stomping (at trade shows, tourism events, and conventions around the nation) to lure events to Oklahoma City
1% allocated to go back to the district the dollars came from, sort of like a BID where if the dollars came from downtown, then a pool of cash would be set aside for downtown hotel issues
1% allocated for OKC beautiful and beautification, particularly the Interstate system, airport, and arterials. TREES!!!!!!! and SIDEWALKS!!!!!
.5% allocated for OKC general fund, perhaps going to shortfalls in the park system
Dollars that do not get used annually would accrew interest in pools based on their allocation but could be used in the OKC general fund with community focus group's and council's approval.
Look at the issues that could have been addressed from my list, 10% is almost nothing. Most big cities charge higher. And let me tell you that their allocation is similar in nature to the list I provided.
Oklahoma City, the RENAISSANCE CITY!
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