Local hotel-motel taxes possible source of FedExForum reno money
“The Grizzlies are a huge economic driver for the city and it’s important that we find (funds) to revitalize the FedExForum from a variety of sources,” state Sen. Raumesh Akbari, D-Memphis, said. (J. Scott Applewhite/AP file)
A proposed bill could change how local hotel and motel tax is distributed; any reallocation of the existing hotel-motel tax would likely mean Memphis Tourism losing revenue.
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Memphis Grizzlies Grizzlies basketball FedExForumSamuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives Downtown, he enjoys tennis, golf and reading.
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