Premium

Downtown Tourism Development Zone lost $5M in sales tax

By , Daily Memphian Updated: April 30, 2021 4:00 AM CT | Published: April 30, 2021 4:00 AM CT

On “Behind The Headlines,” the incoming CEO of the Downtown Memphis Commission says federal pandemic relief funding due the city will likely make up the loss. The drop in sales tax revenue for the TDZ comes as sales tax revenues across the city have exceeded bleak projections at the outset of the pandemic.

Topics

Paul Young tourism development zone Behind The Headlines Sales Tax Revenue 100 North Main Subscriber Only

Thank you for supporting local journalism.

Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.

Bill Dries on demand

Never miss an article. Sign up to receive Bill Dries' stories as they’re published.

Enter your e-mail address

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Bill Dries

Bill Dries

Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for more than 40 years.