Edmond officials study increasing motel tax

The Fairfield Hotel at Interstate 35 and Second Street is one of Edmond’s hotels and motels that would be affected by a tax increase. BY PAUL HELLSTERN, THE OKLAHOMAN
EDMOND — Mayor Dan O’Neil is gathering information about increasing the city’s hotel-motel tax to pay for the construction of a conference center.
Multimedia
More Info
BY THE NUMBERS
Motel tax revenue
A look at this year’s hotel-motel tax revenue numbers: →$418,000 — Estimated budgeted income for this fiscal year →$139,333 — Revenue collected to dateIncome increase
A hotel-motel tax increase would bring an estimated additional income annually: →5 percent — $104,500 →6 percent — $209,000 →7 percent — $313,500 →8 percent — $418,000
Related Topics:
Business, Real Estate
RBCC is Through The Roof!
$32 Billion in US Biotech Industry, Buy Your Shares and Cash In Today!
www.TopMicroCapStock.com
$32 Billion in US Biotech Industry, Buy Your Shares and Cash In Today!
www.TopMicroCapStock.com


Prev














If you prefer your thoughts to appear in The Oklahoman, we encourage you to submit a letter to the editor.
Would you like to leave a comment?
Log in or sign up (it's free).