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Councilmember Portney urges borough to seek share of county hotel tax revenue
Summary
Councilmember Portney urged State College staff and colleagues to explore whether the borough can obtain a share of hotel‑tax revenue that currently goes to the Happy Valley Venture Bureau, estimating a 20% share could be about $400,000 a year.
Councilmember Portney urged State College Borough staff and fellow council members on July 21 to explore whether the borough can obtain a portion of hotel‑tax revenue that currently flows to the Happy Valley Venture Bureau.
Portney said Centre County’s recent increase in its hotel tax — from 2.5% to 5% — produced an estimated $4 million in additional revenue for the Happy Valley Venture Bureau and that, if State College could capture 20%…
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