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Louisa County to guarantee $60,000 for Arts Center; staff to pursue TOT funding for additional dollars
Summary
After extended debate over funding sources, the board agreed to a $60,000 guarantee for the Louisa Arts Center and directed staff to have the arts center apply to the county's transit-occupancy-tax (TOT) process for additional funds; if TOT provides less than requested the county will backstop the $60,000.
Louisa County supervisors on Tuesday clarified funding for the Louisa Arts Center, agreeing to guarantee $60,000 while encouraging the center to seek additional monies from the county's transit-occupancy-tax (TOT) process.
Miss Colvin told the board the arts center had requested $80,000 but the finance committee had recommended retaining a historical $60,000 allocation. She said the arts center identified approximately $94,000 in programming expenses that could qualify for TOT support.
Board members…
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