The debates in Oklahoma City over the wisdom of coughing over arena money while other pressing issues exist is painfully familiar to longtime Seattle residents.
What you dont get is most cities have a hotel tax of % of each hotel room/night. The more people these venues attract to the city the more money the government collects.
This money is then used by the city to re invest into events etc.
The other thing is when you bring people to the city you also have people spending money at local businesses/restaurants.
Each room night is charged New York State tax of 8.875%, a New York City tax of 5.875%, a New York City Occupancy Tax of $4.00, and a New York State hotel unit fee of $1.50.
What you dont get is most cities have a hotel tax of % of each hotel room/night. The more people these venues attract to the city the more money the government collects.
This money is then used by the city to re invest into events etc.
The other thing is when you bring people to the city you also have people spending money at local businesses/restaurants.
Eg New York