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Savannah council reviews River Street vision as tourism‑fund revenues grow
Summary
At a city council workshop, staff updated members on the 2023 hotel‑motel tax authorization and outlined the River Street waterfront vision as a lead priority for newly created tourism product development funds; staff estimated River Street redevelopment costs have risen to roughly $60 million and said work will be phased.
Savannah City Council heard a progress briefing on the city’s tourism product development program and the CID’s River Street waterfront vision on Monday. City Manager (speaker 2) told the council the 2023 state authorization raised the hotel‑motel tax from 6¢ to 8¢ and created a dedicated tourism product development (TPD) revenue stream.
The city manager said, “To date, we have received a total of $112,500,000 total in hotel motel tax collection,” and that TPD receipts from October 2023 through February 2026 total about $16,500,000. He said staff have placed $116,500,000 in a five‑year TPD budget and…
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