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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.

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

Bill Dries

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


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