Hotel/Motel Tax (Special Revenue Fund)
FY2023-24 Adopted Budget
Department Purpose:
The Tourism/Convention Fund accounts for 53% of the proceeds of the City’s 5% hotel/motel tax.
44% of the total tax is used to pay debt service for bonds to attract travel and tourism and to fund such capital improvements.
4.5% are allocated to support the arts and cultural tourism.
4.5% are allocated to attract and host sporting events.
The remaining 47% is allocated to the Springfield Convention and Visitors Bureau.