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Title of Agenda Item:
Continuation of Budget Discussion-Funding for Convention and Visitors Bureau. |
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Council Goal:
Set Course for a Sustainable Fiscal Future
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Background:
The purpose of this memorandum is to provide information in response to the questions raised regarding the potential for increasing the funding for the Convention and Visitors Bureau. |
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Fiscal Note:
The Recommended Budget projects $900,000 in revenues from the Occupancy Tax and appropriates $150,000 for a Performance Agreement with the CVB. |
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Recommendations:
That the Council consider the recommended option and give direction for the preparation of the Final Budget. |
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ATTACHMENTS:
Viewing attachments may require Adobe Acrobat.
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Staff Memorandum
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June 25, 2008 Resolution Authorizing an Agreement with the Chapel Hill/Orange County Visitors Bureau
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