According to figures released at this week’s board meeting of the Tupelo Convention and Visitors Bureau, tourism sales tax revenues in February were $301,697, an increase of nearly 13 percent from February 2010.
In the prior year, revenues for the month were $267,099.
The revenue comes from a special 2 percent tax on hotels, motels and restaurants in Tupelo. In fiscal year 2010, the city collected $3.2 million in tourism tax revenues.
The Tupelo Furniture Market’s Spring Market was one of the events held during the month.
February’s growth came after a 1.77 percent dip in January.
For the fiscal year so far, tourism tax revenues are up 3 percent from FY2009. Collections so far total $1,882,350.
In addition, the Tupelo CVB has $2,274,245 in its savings fund, as of April 30. Year-to-date revenues are $193,641 over expenditures.
Contact Carlie Kollath at (662) 678-1598 or email@example.com.