From Deseret News archives:
More $$$ for tourism gets boost
The Senate Workforce Services and Community and Economic Development Standing Committee passed out favorably SB7, a bill that would create a tourism marketing performance fund. The fund would receive $55 million in general fund money over a decade and ultimately would be self-supporting.
Approved by an interim committee in November, the measure would start with $10 million from the general fund, falling by $1 million annually, to help the state promote tourist destinations to out-of-staters. In addition to the general fund money, the bill also calls for setting aside a percentage of the increase in tourism-generated tax revenue in later years to fund tourism promotion up to $3 million annually and creates and funds a cooperative program with cities, counties and nonprofit organizations to advertise and promote tourism.
State government spends $900,000 annually on advertising to out-of-staters, although counties do some promotion through car-rental and restaurant taxes, and ski resorts and Ski Utah also spend several million dollars annually on promotion.
"So, if we really get the return that we want, then $3 million into that account every year should be a slam dunk," he said.
"Well, that's substantial," Sen. Mark Madsen, R-Lehi, said of the $80 million figure. "If we're going to bring that much back into tax revenue, that's pretty substantial."
Jenkins said "tourism has bee sliding in the state for some time," but the Utah bill is modeled after Missouri legislation that has proven to be successful. Because the churn of tourism spending through the economy takes 18 to 24 months, Utah likely be able to gauge the bill's success soon.
"We have high hopes . . . that this will really help tourism in the state," Jenkins said. "Like I say, worst-case scenario is $8.64 return on our investment, and we think it will actually be higher than that right out of the chute. We've seen returns in the 15 percent range, and after 18 months we should know. We believe this fund will carry itself from here on out, and it will get stronger and better and it will provide a tremendous economic boost to the state."
David Harmer, former executive director of the Utah Department of Community and Economic Development, said the state funding for tourism promotion has been "totally inadequate."
Comments
- Bomb kills 9 officers in Pakistan 8:13 a.m.
- Lights back in Brazil after outage 8:11 a.m.
- Missing US soldier's body found 8:10 a.m.
- Grouchy public sticking with Obama 8:09 a.m.
- Woods faces tricky Aussie Masters 8:08 a.m.
- Oil up to near $80 on weak dollar 8:06 a.m.
- Stocks open higher as dollar slides 8:04 a.m.
- Swift wins 2nd straight BMI award 8:04 a.m.
- Tigers vs. Miners by the numbers 2:32 a.m.
- Springville vs. Dixie by the numbers 2:25 a.m.
- Pratt pleads not guilty to sex charges
- Utah group finds homes for orphans
- Hair-pulling raises more questions
- Y. tight ends talented tandem
- Utes get extra motivation
- Jazz blow big lead, hang on
- Wyoming writer amazed by BYU
- BYU soccer incident still popular
- Lobo land like home for BYU lineman
- 4 Jazz players make All-Star ballot
- House passes health care bill
266 - TCU showdown has big implications
188 - Lobo suspended
185 - Cougars crush hapless Cowboys
155 - Senators want food tax restored
153 - Utah Jazz fall apart against Kings
131 - TCU 4th in AP poll; U. 16th, Y. 22nd
119 - No 'backlash' for pioneers, gays analogy
105 - S.L. vote pending on gay protections
104 - Utes pound winless Lobos
89
Maybe someone out there can help me understand how raising the state...
Sen. Scott Jenkins was name-checked by Jay Leno Monday night during his...
Watch out Checketts will run the bus over you when your not looking ask...
This is nothing but visual pollution. Mark my words, in 5 years, these will...
What about freedom? Can you feel it? Touch it? Possess it? Yet there is...
and yet, their ratings are very good EVERYWHERE, not just Utah...hmmm...and...
How ignorant you are about soccer. Like anyother sport there is contact,...
I was unfamiliar with Tori's story until this article. This story touched me...
In all the games (and there have been many) Makenzie has always played her...
To "Public Affairs Image": I see governments around the world do violence to...
the winner of this will win the state Title and this should be the state...
The one benefit not mentioned in the article about wind is that it is PRICE...



You can be the first to comment on this story.