Monday, March 15, 2010

Prop 200 passage to add jobs, boost revenues

With the passage of Prop 200, which goes into effect on July 1, 2010, officials in Scottsdale say the area will see an increase in both jobs and revenues. Prop 200 boosts bed tax in Scottsdale from 3% to 5%.

In a press release, Rachel Sacco, president and CEO of the Scottsdale Visitors Bureau wrote, "Proposition 200 will mean new jobs for Scottsdale and additional sales tax revenue going to the city’s General Fund to pay for critical community services. It will mean a dedicated funding source for the Scottsdale Convention & Visitors Bureau to stabilize our marketing and sales programs. Plus, it means additional funding for new tourism-related capital projects and special events that will further enhance the destination and our appeal to future customers. "

The passage of the proposition also means a more dedicated funding stream for marketing and sales programs for Scottsdale.

Arizona remains a destination for trade shows and visitors alike.

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