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Germantown tourism commission reviews room-tax receipts and fund balance
Summary
The Germantown Tourism Commission heard an accounting of 2025 room-tax receipts and the tourism fund balance; the administrator reported $266,460.43 year-to-date collections (accrual basis) and a tourism fund cash balance of $129,093, with allocations of $117,872 already committed.
The Germantown Tourism Commission on Nov. 17 received an update on room-tax revenue and the tourism fund’s status. Administrator (Unidentified Speaker 5) told commissioners that, on an accrual basis that excludes fourth-quarter receipts, the village had collected $266,460.43 year to date.
“Per state statute, the...first $225,206 that are collected go to the Village of Germantown general fund, and the remainder goes to the tourism,” Unidentified Speaker 5 said. He added the tourism fund has received $41,254 so far and that fourth-quarter hotel-tax payments — still outstanding on the accrual report — should raise those totals.
The administrator said allocations from the 2025 tourism budget total $117,872 and the tourism fund has a current cash balance of $129,093. He noted that those allocation numbers may change when fourth-quarter receipts are posted.
Commissioners asked clarifying questions about how the accrual report treats fourth-quarter receipts and the commission’s ability to obligate funds while receipts are pending. The administrator said the hotel-tax receipts would be tracked and that future agendas could include periodic check-ins on spending against any multi-year commitments.
The meeting record shows the commission approved prior minutes earlier in the session and then moved on to new-business items that included funding requests from the Germantown Area Chamber of Commerce and the Economic Development Commission. The commission adjourned at 5:52 p.m.; the next regular meeting is scheduled for March 9.
