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Hamilton County proposes hotel‑motel reallocations, $500,000 for sports and events group; mayor urges split with Chattanooga
Summary
County staff proposed directing hotel‑motel revenues toward debt service, downtown development and recreation projects, and proposed $500,000 for a new sports and events corporation. The mayor urged the City of Chattanooga to share more of the tourism marketing burden.
Hamilton County staff outlined a proposed reallocation of hotel‑motel tax revenue during a finance committee budget hearing, recommending reimbursements to the debt service fund tied to a 2024 bond and new allocations for downtown development, tourism marketing and recreation projects.
County staff said the proposed hotel‑motel revenue distribution includes: an estimated $336,000 for debt service reimbursement tied to a roughly $5,000,000 set‑aside from a 2024 bond for recreation projects; $709,700 for recreation capital projects that otherwise would have been funded from the general fund; $700,000 for downtown development; a proposed $500,000 allocation to a newly proposed sports and events corporation; and several other line items for tourism and…
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