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Tourism commission accepts unaudited fiscal 2025 results as audit begins
Summary
The Tourism and Convention Commission accepted an unaudited financial report for fiscal 2025 showing strong hotel-tax collections and roughly $46 million in total operating revenue, finance staff told the commission as the formal audit kicked off.
The Tourism and Convention Commission on an opening vote accepted an unaudited financial report for fiscal 2025, finance staff said, and commissioners recorded the start of the annual CPA audit process.
Jeff Mefford, finance staff, told the commission that “hotel tax collections received by Metro continue to be strong with a total received for the year of just over a $152,000,000.” He said the portion of that revenue dedicated to tourism promotion totaled $44,000,000…
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