This was going to be about why the City Council should hold DeKalb Area Convention & Visitor’s Bureau (CVB) accountable for its $50,000 annual allocation. It’s still about that, but also counters a story being floated in some circles today about how Re:New DeKalb nobly requested their $45,000 allocation come from TIF this year instead of the General Fund so Council could have the option to restore social services funding.
This is utter hogwash. Re:New’s funding wasn’t supposed to come from the General Fund. It was supposed to come from the Economic Development Fund, funded by the hotel-motel tax. This was set up last year after the Financial Advisory Committee recommended to earmark certain revenues for certain purposes.
What it’s really about is a screw up, and the inability of this city to live within its means. Continue reading Your Tourism Dollars at Work, Part 2