Conference Switch Doesn't Help Columbia Economy

3 years 6 months 1 week ago October 18, 2013 Oct 18, 2013 Friday, October 18 2013 Friday, October 18, 2013 3:22:00 PM CDT in News
By: William Joy, KOMU 8 Reporter
loading

COLUMBIA - A review of tax numbers from the city revealed Columbia did not benefit much from Missouri athletics' move to the Southeastern Conference.

After filing a formal request, KOMU 8 News received sales and lodging tax numbers from the city, as well as hotel occupancy percentages during football season.

The numbers showed the increase in business from 2011 to 2012, when Missouri moved to the SEC, was not much bigger than the increase between 2010 and 2011, when the school was still in the Big 12.

From September through November of last year, the city received almost $600,000 in lodging tax, up 5.9 percent from 2011, but tax revenue increased a nearly identical 5.6 percent from 2010 to 2011 when the school was still in the Big 12.

Occupancies rates told a similar story. There was a 4.1 percent change in occupancy rates between 2010 and 2011 and then a similar 4.6 percent change once MU moved to the SEC.

The numbers differ from a recent study released by the Columbia Chamber of Commerce and the Convention and Visitors Bureau.

The study, conducted by a group of University of Missouri Business students, looked at the impact of the athletic department on the city and found the department to have an economic impact of $188 million last year, the school's first in the SEC.

That's up $41 million from 2011, a 27.8 percent increase. But that increase is only four points higher than the previous year.

Columbia Mayor Bob McDavid said the reason for the small changes is simply a lack of room for improvement during football seasons.

"The hotels are packed and they're packed for miles around," McDavid said. "They're going to be packed whether they're in the SEC or not."

Hotels occupancy was not the only sector that did not show much improvement.

Sales tax receipts increased 3.7 percent from 2010 to 2011 and then 6 percent from 2011 to 2012.

McDavid said even that small change was probably related to the growth of the city rather than the change in football conferences.

MU Athletic Director Mike Alden says there was much more to the conference move than money.

"I think it's made a significant impact to the city, for our community, for the state, in a lot of ways," Alden said. "The exposure it creates for Columbia, for mid-Missouri, for the state of Missouri and around the country and in particular in the Southeast, all those add value to make it a significant impact on our community."

Matt Hudson, General Manager for Campus Bar and Grill, said business did not really change with the school's switch to the SEC.

"We're busy, no matter if it was the Big 12 or the SEC, it's busy," Hudson said.

The more important factor is team performance, he said.

"We need to win," Hudson said. "That's the biggest problem we see with the SEC is we need to win football games or a decline may occur with fans attending from out of town."

 

More News

Grid
List
PINE LAWN (AP) — Authorities have identified the victims of a triple homicide in St. Louis County. The... More >>
2 hours ago April 27, 2017 Apr 27, 2017 Thursday, April 27 2017 Thursday, April 27, 2017 7:48:24 AM CDT in News
CLAYTON (AP) — Authorities are seeking more information about the leather bag in which an infant's remains were found in... More >>
2 hours ago April 27, 2017 Apr 27, 2017 Thursday, April 27 2017 Thursday, April 27, 2017 7:44:52 AM CDT in News
EXETER (AP) — Authorities say a train has struck and killed a 73-year-old driver in southwest Missouri . ... More >>
2 hours ago April 27, 2017 Apr 27, 2017 Thursday, April 27 2017 Thursday, April 27, 2017 7:41:17 AM CDT in News
JEFFERSON CITY (AP) — Missouri representatives have approved that the state pay an extra $241 million in unexpected expenses for... More >>
5 hours ago April 27, 2017 Apr 27, 2017 Thursday, April 27 2017 Thursday, April 27, 2017 4:41:30 AM CDT in News
COLUMBIA - The Columbia Police Department will hold a series of community meetings starting Thursday to build stronger police beats.... More >>
7 hours ago April 27, 2017 Apr 27, 2017 Thursday, April 27 2017 Thursday, April 27, 2017 2:46:00 AM CDT in News
COLUMBIA - A man was shot on Greensboro Drive and taken to the hospital Wednesday night. He suffered non life-threatening... More >>
10 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 11:09:00 PM CDT in News
JEFFERSON CITY - Capital Region Medical Center held a language workshop Wednesday night for parents with young children who have... More >>
13 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 8:04:00 PM CDT in News
COLUMBIA - City staff are working to make headway on two new landfill projects for Columbia. At a meeting... More >>
13 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 7:57:00 PM CDT in News
FULTON - The body of 31-year-old Carl DeBrodie may have been in a large storage container filled with cement for... More >>
15 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 6:37:00 PM CDT in News
COLUMBIA- In the latest Association of American Universities (AAU) report released Wednesday, the University of Missouri was highlighted for its... More >>
16 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:36:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri representatives have approved that the state pay an extra $241 million in unexpected expenses for... More >>
16 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:33:47 PM CDT in News
SPRINGFIELD (AP) — Family members of a man whose death was caused by Arkansas death row inmate Kenneth Williams say... More >>
16 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 5:26:16 PM CDT in News
ST. LOUIS (AP) — St. Louis' city minimum wage could rise to $10 an hour starting next week now that... More >>
17 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 4:16:16 PM CDT in News
JEFFERSON CITY - Missouri Secretary of State Jay Ashcroft teamed up with Missouri Attorney General Josh Hawley and local legislators... More >>
17 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 4:12:00 PM CDT in News
JEFFERSON CITY – Missouri motorcycle crashes have resulted in 475 deaths since 2012, with 122 fatalities occurring in last year... More >>
18 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 3:41:00 PM CDT in News
COLUMBIA - A controversial bill moving through the Missouri General Assembly could change the handling of workplace discrimination claims in... More >>
18 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 3:28:24 PM CDT in News
JEFFERSON CITY (AP) — Missouri lawmakers are pushing legislation that would make it harder for judges to require domestic violence... More >>
18 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 2:54:16 PM CDT in News
JEFFERSON CITY - A coalition of organizations rallied at the state capitol Wednesday in support of a "Moral Missouri." ... More >>
19 hours ago April 26, 2017 Apr 26, 2017 Wednesday, April 26 2017 Wednesday, April 26, 2017 2:48:00 PM CDT in News
Columbia, MO
Broken Clouds 45°
10am 51°
11am 53°
12pm 56°
1pm 58°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
9:00a
The Steve Wilkos Show
10:00a
Jerry Springer
11:00a
Jerry Springer

Tonight's Schedule

7:00p
Superstore
7:30p
Superstore
8:00p
Chicago Med
9:00p
The Blacklist
7:00p
Supernatural
8:00p
Riverdale
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld