By NEMS Daily Journal
CORINTH – Corinth reached a milestone $1 million mark in tourism tax collections for Fiscal Year 2011, after the July collections – the last to be counted for the current fiscal year.
Kristy White, executive director of the Corinth Area Convention and Visitors Bureau, told the board Tuesday that the $1,007,558 is the highest collection reported for a fiscal year and also 3 percent higher than collections for Fiscal Year 2010.
These numbers make her optimistic that events planned throughout 2012 in commemoration of the Civil War Sesquicentennial will lead to excellent results, she said.
The 2 percent tourism tax, which is divided equally between the Corinth Area CVB and debt payments on the Crossroads Arena, is collected on prepared food and lodging in the city.