The proposed $3.4 million tourism budget increased by 6.5 percent, with funds coming from room occupancy tax revenues, administrative fees and a $288,960 contribution from the city of Wilmington to market the Wilmington Convention Center.That is $13,698 higher than the former rent. I don't now whether that's per month, per year or what.
At Tuesday's TDA meeting, visitors bureau President Kim Hufham said the total increase in revenues will add up to 8 percent when the fiscal year ends June 30.
[...]The CVB [Stands for something like Cape Fear Coastal Convention Center and Visitors Bureau] uses half of room occupancy tax revenues for administration and marketing expenses.
[...]The proposed budget includes a 4 percent increase in expenses and a 4 percent increase in salaries and benefits for the staff at the Wilmington Cape Fear Convention and Visitors Bureau.
A cost-of-living increase will be added to salaries[...]
Also, the CVB moved its office from a Third Street location to an office near the Greater Wilmington Chamber of Commerce and the Wilmington Convention Center, resulting in $43,474 in rent – 46-percent more than the former location. (Sound sirens *Insane! Insane!* *Alert! Alert!*)