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Council previews 28E revenue‑sharing agreement with CVB for May agenda
Summary
Staff recommended council approve a one‑year amended 28E agreement with the Burlington Area Convention and Visitors Bureau for hotel/motel revenue sharing (30% of first $700,000; 40% of revenues above $700,000); the agreement mirrors FY2026 terms and will be on the May 4 regular meeting agenda.
Mr. Bird reviewed a recommended one‑year amended 28E agreement between the City of Burlington and the Burlington Area Convention and Visitors Bureau at the April 27 work session.
The agreement follows the city's customary revenue‑sharing approach and contains no substantive changes from fiscal 2026. Under the proposed allocation, the CVB would receive 30% of the first $700,000 in hotel/motel revenues and 40% of revenues above $700,000. Mr. Bird said the CVB has submitted a signed copy and staff recommends council approval on the May 4 regular agenda.
There were no substantive questions from council during the work session; staff asked councilors to forward any questions to Mr. Bird ahead of the May 4 vote.
