Replying to Where is the District Hotel Tax Going
Topic Summary
Chazz
Posted 08 April 2011 - 02:37 PM
I thought that place was owned by the Park Service?
KJ
Posted 07 April 2011 - 07:07 AM
Quote
Gray said today he's aiming for a gimmickless budget. But there are some definite detours into gimmickry. For instance: Having the Washington Sports and Convention Authority pay the city $5 million to lease the Carnegie Library, across the street from the convention center.
http://www.washingto...c18JC_blog.html
http://www.washingto...c18JC_blog.html
Why is the Destination DC illegally taking over the lease? What happens to the Historical Society of Washington DC? They already paid for the lease. Vince Gray is not what I thought he was.
Carnegie Library was a place where great African American cultural events could be found. Now it is going to be another tourist trap.
LAW
Posted 17 March 2011 - 03:12 PM
For the 3-month period ending in April 2010, the average room-rate for hotels was 2.4 percent higher than for the same period in 2009, while the number of hotel room-days sold was up 3.8 percent. Revenues from room sales were up 6.3 percent.
Sales and Use Taxes
In FY 2009, $973.4 million was collected before dedicated distributions, a 4.1 percent contraction from FY 2008. One of the primary drivers of the sales tax, personal income, fell by almost 1 percent in FY 2009 for the only time in the history of the data going back to 1969.
The national economy has also impacted tourism in the District, which contributed to the decline.
Forty-eight percent of the sales tax revenue comes from hotels, restaurants and bars.
In FY 2010, sales tax revenue is expected to rebound though not as vigorously as in past recessions.
Growth of 4.2 percent to $1.0 billion is being driven by an increase in the general...
Sales and Use Taxes
In FY 2009, $973.4 million was collected before dedicated distributions, a 4.1 percent contraction from FY 2008. One of the primary drivers of the sales tax, personal income, fell by almost 1 percent in FY 2009 for the only time in the history of the data going back to 1969.
The national economy has also impacted tourism in the District, which contributed to the decline.
Forty-eight percent of the sales tax revenue comes from hotels, restaurants and bars.
In FY 2010, sales tax revenue is expected to rebound though not as vigorously as in past recessions.
Growth of 4.2 percent to $1.0 billion is being driven by an increase in the general...
Bloomingdale Resident
Posted 17 March 2011 - 02:33 PM
It is 14.5%. Here you go.
I think they do an outstanding job of promoting our city.
Quote
Destination DC is a private, non-profit corporation with a membership of more than 1,000 businesses and organizations that support the DC travel and tourism sector. A contracting arm of the Washington Convention Center Authority, the organization is funded by a percentage of DC’s hotel occupancy tax, along with membership dues and co-operative marketing fees.
http://washington.or...-destination-dc
http://washington.or...-destination-dc
I think they do an outstanding job of promoting our city.
Jesse
Posted 17 March 2011 - 01:40 PM
The District charges 14% sales tax on all hotel charges. First, how much is made? Where does all this money go?
