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Commissioner Brown - Tourism Development - To Appropriate $84,440.00 From the Tourism Strategic Reserve Funds into the Tourism Advertising Account to Host FY2024 Conference and National Championships
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STAFF CONTACT
Michael Applegate - Tourism Development - 704-813-0144
BUDGET IMPACT
budget
Funds transfer from Tourism strategic reserves derived from the 3% County occupancy tax. This fund grew by approximately $70,000 in FY2023. No general fund impacts.
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BUDGET ORDINANCE IMPACT
Appropriate $84,440 into the Tourism advertising account to host the FY2024 Conference and National Championships.
BACKGROUND
The Tourism advertising account provides for destination marketing and promotion as well as group event hosting needs. The events booked with these funds provide a substantial return on investment for Gaston County’s local tourism industry. The $84,440 requested will help generate an estimated $683,118 in direct business sales.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)