By Southern Sentinel
RIPLEY – Ripley city officials are asking the state Legislature to continue its 2 percent tourism tax beyond the July 1 expiration date in the current law.
The city board passed a resolution earlier this month to amend Senate Bill 3206, which calls for the tax to expire.
The tourism tax bill, which authorizes a 2 percent tax of the gross sales of hotels, motels, restaurants and other businesses where prepared food and drink is sold to the public, was passed in 2008 and received 64 percent approval in a Sept. 16, 2008, special election.
Revenues from the tax are to be used for industrial and economic development, to help enhance tourism, parks and recreational facilities and for other related purposes.
The fund balance currently stands at $425,979, and none of the funds collected have been used to date.