Add 2% Room Tax for Thomas Wolfe/Civic Center

Add 2% Room Tax for Thomas Wolfe/Civic Center

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Andrew Fletcher started this petition to Buncombe County Tourism Development Authority

2% for the Wolfe! Many conversations have been had on the $100 million price tag for needed renovations for the Thomas Wolfe Auditorium, and whether it is possible to fund such a large project in our city when we have so many other needs. We propose a new funding stream - increasing the Occupancy Tax by 2% (from 6% to 8%) so that tourists and visitors in our hotels pay for it and not the taxpayers and residents of Asheville and Buncombe County. This is a very common funding strategy for funding civic auditoriums and convention centers that has not previously been discussed here. Instead of taking money from other much needed projects that the TDA could fund, adding this 2% on top of the existing 6% would take us a long way toward renovating the aging structure, and ensuring that we have a vital and usable public cultural space AND relieve the local taxpayer and resident burden of footing the bill.

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