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Committee recommends higher town lodging licensing revenue after debate; approves $562,796 line
Summary
After debate and multiple amendments, the Budget Review Committee approved a town lodging revenue line of $562,796 for the budget package, reflecting higher per-unit license assumptions and adjustments for existing lodging and campgrounds.
The Budget Review Committee voted to set the town lodging revenue line at $562,796 for inclusion in the budget reconciliation materials after extended discussion and several proposed figures on March 4.
Brian, a Budget Review Committee member, presented calculations showing the town had 6,617 lodging units (hotels, motels, condos, campgrounds) and that lodging-related public-safety and service costs (salary and benefits for police, fire and WIMS) amounted to roughly $10.24 million on an annual basis. Using a three-month seasonal impact window and occupancy assumptions, Brian recommended increasing the town lodging revenue line from the current $29,000 to $496,275 (a $75 per-unit license fee) to recapture part of…
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