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DMOs & Single Source Funding. What to do when your budget shrinks or your bed tax funding is “pulled.”. Janice W. Marshall President & CEO Macon-Bibb County CVB. Retire! ! !. Shrinking Budget— Supplement Bed Tax Revenues. Higher Membership Dues Gift Shop Revenues: Clayton County
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DMOs & Single Source Funding What to do when your budget shrinks or your bed tax funding is “pulled.” Janice W. Marshall President & CEO Macon-Bibb County CVB
Shrinking Budget—Supplement Bed Tax Revenues Higher Membership Dues Gift Shop Revenues: Clayton County Sponsorship Sales: Delegate Bags Advertising Sales: Brochures, Web Banner Ads Grants—Corporate, Foundation, Government
When Bed Tax Funding is Pulled—It’s too late The Best Offense is a Good Defense! Become an Effective Politician Tourism is Economic Development Tourism expenditures contribute to local tax coffers—present that check to government officials once a year! Tourism generates Jobs Do the research and show the ROI—include initiatives, awards, recognition in your PR campaigns Tourism Officials need to be seen as Power Players
The Best Offense is a Good Defense! Point out Differing Objectives of DMO &: The Chamber of Commerce Downtown Development Groups Economic & Community Development Groups
The Best Offense is a Good Defense! DMO Board of Directors 2/3 Travel Industry Leaders 1/3 Community Power Players who will advocate FOR the DMO (not just use their positions to get preferential treatment)
The Best Offense is a Good Defense! • Above Marketing, • DMO Presidents need to be • goodpoliticians.