How should taxes collected on hotel rooms rented be spent? Tourism promotion? Promoting Conventions in Madison? Or to benefit the community and the low-income wage earners that support this industry? We’ll have to wait a little longer to find out!
TO: Mayor, Common Council, Board of Estimates, Economic Development Commission
FROM: Mario D. Mendoza
RE: Update on Room Tax Oversight Committee
DATE: May 30, 2008The adopted 2008 Operating Budget included the following language:
During 2008 the Mayor will appoint a Room Tax Oversight Committee to establish policies and priorities for the future use of Room Tax revenues and to assure the future health of the Room Tax Fund balance. The Committee will report back to the Economic Development Commission, Board of Estimates and Common Council meeting of June 1, 2008.
Pursuant to that language, the Mayor appointed the Room Tax Oversight Committee. The Committee has met several times and is working on the required report. However, the report will not be completed by the aforesaid deadline. We anticipate that the report will be completed by July 15. Please do not hesitate to contact me if you have any questions or concerns.
Best regards,
Mario Mendoza, Committee Chair
