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. He began his journalism career at the Tulsa World in Tulsa, Oklahoma, where he covered business and, later, K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Memphis Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on Elon Musk’s xAI, regional energy needs and how Memphis and Shelby County government spend taxpayer dollars.
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