City of Madison
Legislative File ID   12829
Type:   Resolution    Status:   Items Referred
Enactment Date:      Enactment No.:  
Title:  
Accepting the Final Report of the Transient and Occupancy Tax Study Committee dated October 2008. - Jim Hess, Director
Controlling Body:   BOARD OF ESTIMATES
Introduced:   11/20/2008    Version:   1
Final Action:      Contact:   lveldran@cityofmadison.com
Name:  
Accepting the Final Report of the Transient and Occupancy Tax Study Committee dated October 2008. - Jim Hess, Director
Extra Date 1:  
Requester:   BOARD OF ESTIMATES
Sponsors:  
Michael Schumacher
Legislative History
DateActing BodyAction TakenMotion
11/20/2008Council OfficeThis Resolution was Referred for Introduction
Notes: Board of Estimates, Greater Madison Convention and Visitors Bureau Board, Economic Development Commission, Monona Terrace Community & Convention Center Board
12/2/2008COMMON COUNCILThis Resolution was Referred to the BOARD OF ESTIMATES
Notes: Additional Referral(s): Greater Madison Convention and Visitors Bureau Board, Economic Development Commission, Monona Terrace Community and Convention Center Board
12/2/2008BOARD OF ESTIMATESThis Resolution was Refer to the ECONOMIC DEVELOPMENT COMMISSION
Notes:
12/2/2008BOARD OF ESTIMATESThis Resolution was Refer to the MONONA TERRACE COMMUNITY AND CONVENTION CENTER BOARD
Notes:
12/3/2008ECONOMIC DEVELOPMENT COMMITTEEThis Resolution was Return to Lead with the Recommendation for Approval to the BOARD OF ESTIMATESPass
(8:0)
Notes: Chairperson Clarke reminded the EDC that Deb Archer, President/CEO of the Greater Madison Convention and Visitors Bureau, gave an informational presentation on the report at the November EDC meeting. This report has now been referred to the EDC for action. Ms. Archer thanked the EDC for allowing her to present the report last month. She stated that the TOT Committee stands solidly behind the report. Alder Schumacher said he was a member of the TOT Committee. He said the real goal is to give the Convention and Visitors Bureau higher relevance in the City. He asked for any guidance and help from the EDC in explaining the value of the CVB to the City. Mr. Clarke said the report is important and noted the TOT funds are from non-Madison residents and are used to keep taxes down. In the future, if economic times are difficult, it will be even harder for the City to not to use TOT funds for tax relief. He referred to Recommendation #1, which noted that a key priority use of TOT funds is for tourism; and Recommendation #2, which provided statistics to show that the CVB is funded less than our competitor CVBs. Recommendation #3 noted that it is important to leave money in a rainy day fund. Ms. Torkildson is a downtown business owner and said her bookstore depends on tourists from outside of Madison to support her store. It is not only restaurants and hotels that depend on tourists.
1/15/2009MONONA TERRACE COMMUNITY AND CONVENTION CENTER BOARDA motion was made by Onken, seconded by Bigelow, to Return to Lead with the Recommendation for Approval to the BOARD OF ESTIMATES. The motion passed by the following vote:Pass
(8:0)
Notes:
3/19/2009GREATER MADISON CONVENTION AND VISITORS BUREAU BOARDThis Resolution was Return to Lead with the Following Recommendation(s) to the BOARD OF ESTIMATES
Notes: Accept the report. The GMCVB has formed a Board of Directors Subcommittee to develop a GMCVB strategy for moving forward in working with the Mayor, Board of Estimates and Common Council.
Approvals
ApproverDateApproval Status
Eric Knepp11/24/2008Approved

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