To give you an opportunity to see what's new, and what has changed, we have taken the paywall down temporarily.
Currently, there is no need to log into the site.
We will provide instructions for creating new account and resetting passwords when the paywall is turned back on.
May was a good month financially for the Eureka Springs City Advertising and Promotion Commission.
At the commission’s regular monthly meeting on Wednesday, June 28, CAPC director Scott Bardin told commissioners that $28,392 more was collected in tourism tax than what was budgeted for the month, a 17 percent increase than what was anticipated.
“Total collections for the month of May for both food and beverage and lodging was $193,392 compared to the budget for those two categories, $165,000,” Bardin said.
Tax collections on food and beverages were $101,976 in May, $16,976 — or 20 percent — more than the $85,000 projected.
In taxes on lodging, the CAPC collected $91,416, $11,416 (14 percent) above the $80,000 budgeted.
For the first five months of 2023, the CAPC has received 13 percent more than projected, Bardin said, with $762,823 so far collected. The budget for the same period of time was $675,000.
As of May 31, the CAPC bank balance was $1,852,839.71, Bardin said.
“We’re in better shape than I anticipated,” said Chris Clifton, CAPC chair. “I thought it was gong to be a little rockier this year because we’re coming off two really hot years.
“I mean, I’m happy. I think it’s great.”
Comments
No comments on this item Please log in to comment by clicking here