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Perry County board flags innkeeper‑tax shortfall, says proposed Hampton hotel won’t be relied on for 2027 budget
Summary
Board reviewed financials showing a gap between projected innkeeper-tax revenue (budgeted roughly $15–16K monthly) and recent receipts (about $5K last month), and concluded the proposed Hampton hotel should not be counted on for near-term revenue.
The Perry County Community Development Board reviewed its monthly financial report and noted a material shortfall in innkeeper‑tax receipts compared with budgeted expectations.
Board members said the 2026 budget had assumed roughly $15,000–$16,000 in monthly innkeeper‑tax revenue, but reported receipts for the most recent month were closer to $5,000. Members cautioned the board not to count on the planned Hampton hotel as a revenue source for the near term; meeting discussion indicated the hotel’s opening has been delayed and that any related revenue should be excluded from short-term projections.
The board’s finance staff described accounting reclassifications (sweeping a CB bank account into the innkeeper-tax/grants line and moving some funds among Trust Indiana accounts) and walked members through routine vendor checks. The board approved multiple budgeted payments and vendor checks, including a $3,000 allocation for the Indiana Bass Federation tournament and a $3,000 allocation for Two Ladders marketing services, as part of consent approvals.
Board members discussed options for reallocating savings (for example, rent savings from moving offices) and noted the donations line item in the 2026 budget totaled $5,600; they also confirmed that the board could pursue an additional appropriation if necessary.
The board asked staff to avoid counting on the Hampton hotel revenue in 2027 planning and to present clearer cashflow projections at future meetings.
