FY2021 Adopted Budget

FY2021 Adopted Budget Fund Budgets

Hotel Room Rental Tax

Hotel Room Rental Tax Hotel Rental Tax was implemented in FY2005, providing additional funding for the Tourism Council. A Memorandum of Understanding was agreed to that requires the Tourism Council to provide funding to the following agencies in amounts similar to that previously provided by Frederick County. These agencies include: City of Brunswick, Civil War Medicine Museum, Delaplaine Visual Arts Center, Frederick County Farm Museum, Frederick Festival of the Arts, Frederick Arts Council, Frederick County Historical Society, Frederick County Landmarks Foundation, Great Frederick Fair, Weinberg Center for the Arts, and Frederick Downtown Partnership. Bill No. 16-13 which became effective October 29, 2016 set the hotel rental tax rate at 5%. This revenue stream is dedicated to the Frederick County Tourism Council via a Memorandum of Understanding (MOU) agreement. After dedicating a portion for a County administrative fee and existing debt service, the MOU sets aside 12.5% for the Main Streets matching program, 12.5% for the Tourism Reinvestment in Promotion & Product (TRIPP) Program, 12.5% for county promotion via a Destination & Development Fund, and 62.5% for the Tourism Council's marketing & operations budget.

Budget Highlights The FY21 budget is consistent with the FY20 Adopted Budget with only minor changes.

94