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Thursday, October 23, 2014 |  Madison, WI: 42.0° F  Fair
The Paper
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Madison hotel room tax revenues up slightly from 2009

Madison got some good news today, with Comptroller Dean Brasser reporting that hotel room tax revenues are up 2.9% in the first quarter compared to last year.

The city brought in $1,511,372 in room taxes, up about $43,000. In a memo to Common Council, Brasser says "Using our standard projection methodology, we predict that 2010 year-end Room Tax revenue will fall within the range of $7,300,000 to $7,900,000, with a most likely result of about $7,630,000, very close to the $7,661,000 budgeted for this year."

The city faced a revenue shortfall in 2009 that was some $1.5 million short of projections.

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