Lodging Tax Setback May Affect JC Conference Center Plans

5 years 5 months 2 weeks ago Monday, February 25 2013 Feb 25, 2013 Monday, February 25, 2013 2:43:00 AM CST February 25, 2013 in News
By: Elise Oggioni

JEFFERSON CITY - Despite having less money than initially anticipated due to lower tax revenues, Jefferson City council members said they are certain the city will reach its goal of $9 million for a new conference center.

Initially, the city predicted $600,000 would be collected per year, which would come out to $50,000 per month. Right now, the fund is less than $50,000 short of what it was predicted to collect.

Some council members said the proposals will likely use all, if not more, of the nine million dollars the city claims has available for construction of the conference center.

Other council members said it's still very early to tell if the lack of funding will be an issue in this project. They also said when this new conference center is built, hotels in Jefferson City will likely see an increase in guests, which would increase the lodging tax collections.

City Administrator Nathan Nickolaus says the city is at least one year away from looking at any bonds for the conference center and "a lot can happen in that time."

He says collections could increase in that time frame, but no one will know for sure until the moment they are ready to bond.The Jefferson City Council is moving forward in the review process for three conference center proposals, with another closed session meeting scheduled for Monday.

The meeting at 4:30 p.m. Monday was supposed to take place Thursday afternoon, but the winter storm that hit the area caused the council to reschedule.

 

 

 

More News

Grid
List
MOBERLY - A severe thunderstorm brought half-dollar sized hail and hundreds of power outages to Randolph County Thursday evening. ... More >>
5 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 10:05:00 PM CDT August 16, 2018 in News
JEFFERSON CITY - Three Indiana men involved in the armed robbery of a Walgreens pharmacy were indicted Thursday by a... More >>
6 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 9:32:00 PM CDT August 16, 2018 in News
COLUMBIA - The Public Transit Advisory Commission (PTAC) is pushing back over proposed budget cuts to the city's public transit... More >>
8 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 7:46:00 PM CDT August 16, 2018 in News
COLUMBIA - A Missouri candidate who recently claimed a surprise victory in the Republican primary for state auditor is now... More >>
8 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 7:21:00 PM CDT August 16, 2018 in News
COLUMBIA - The Audrain County Sheriff's Office says the widely-circulated story of a dog found with taped legs... More >>
10 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 5:21:00 PM CDT August 16, 2018 in News
COLUMBIA - Prosecutors charged a Columbia man with murder Thursday, two months after deputies found a woman dead in a... More >>
11 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 4:16:00 PM CDT August 16, 2018 in News
TUSCUMBIA - A convicted murderer charged with the killing of an Eldon girl in 1984 got a change of venue... More >>
12 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 3:57:13 PM CDT August 16, 2018 in News
SEDALIA - Gov. Mike Parson, lawmakers and agriculture experts talked to Missouri farmers at the State Fair Thursdsay, to assure... More >>
13 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 2:54:00 PM CDT August 16, 2018 in News
COLUMBIA - Police are searching for the man pictured above, saying he is a suspect in a Thursday morning... More >>
13 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 2:50:00 PM CDT August 16, 2018 in News
COLUMBIA - An invasive beetle has spread to 11 new counties in Missouri. The emerald ash borer kills more than... More >>
13 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 2:27:00 PM CDT August 16, 2018 in News
COLUMBIA - The Food Bank of Central and Northeast Missouri announcement a financial windfall Thursday that will help feed hundreds... More >>
13 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 2:20:00 PM CDT August 16, 2018 in News
JEFFERSON CITY, Mo. (AP) — A Missouri candidate who recently claimed a surprise victory in the Republican primary for state... More >>
13 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 2:05:00 PM CDT August 16, 2018 in News
JEFFERSON CITY - Missouri Attorney General Josh Hawley filed a lawsuit Thursday against a St. Louis housing complex where reported... More >>
17 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 10:57:00 AM CDT August 16, 2018 in News
COLUMBIA - St.Louis-based SSM Health confirmed Thursday it is exploring a transfer of its Jefferson City and Mexico hospitals to... More >>
17 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 10:28:00 AM CDT August 16, 2018 in News
COLUMBIA - Columbia Regional Airport managers held the first All Things Airport monthly meeting on Thursday. The meeting was... More >>
18 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 9:48:00 AM CDT August 16, 2018 in Top Stories
(CNN) - Aretha Franklin, whose gospel-rooted singing and bluesy yet expansive delivery earned her the title "the Queen of Soul,"... More >>
18 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 9:46:00 AM CDT August 16, 2018 in News
COLLEGE PARK, Md. - Thursday morning's latest drought update from the Climate Prediction Center (CPC) shows the expansion of drought... More >>
18 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 9:15:00 AM CDT August 16, 2018 in News
LAWRENCE, Kan. (AP) — A Missouri woman who's charged with killing her 5-year-old daughter and critically injuring her 1-year-old son... More >>
19 hours ago Thursday, August 16 2018 Aug 16, 2018 Thursday, August 16, 2018 8:38:00 AM CDT August 16, 2018 in News
Columbia, MO
Broken Clouds 70°
4am 70°
5am 70°
6am 70°
7am 69°