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Commission backs proposed FY 2025–26 tourism fund budget with conservative bed-tax forecast
Summary
The commission recommended the proposed FY 2025–26 tourism development fund budget, endorsing revenue forecasts and several one-time and ongoing allocations including funds for Scottsdale Museum of the West and increases to destination marketing percentages.
The Scottsdale Tourism Development Commission voted to recommend the proposed fiscal year 2025–26 tourism development fund budget, endorsing staff’s revenue forecast and the package of one-time and ongoing expenditures presented by the city’s budget analyst.
A budget analyst summarized the proposed plan and said staff adjusted the current-year forecast and the next fiscal year’s revenue assumptions after reviewing preliminary bed-tax receipts. The analyst said staff adjusted the current-year forecast to about $33.8 million and proposed a conservative bed-tax revenue estimate of about $33.0 million for FY 2025–26,…
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