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9:28 PM Thu, Feb. 21st

Room tax revenue hits record high

Room tax revenue, one measure of the economic health of Kingman, set a record during fiscal 2003, Kingman chief financial officer Coral Loyd reports.

The $231,202 collected from the 2 percent tax on motel and camping rentals was 5 percent greater than the $219,462, also a record, collected during fiscal 2002.

The tax was on more $11.5 million for motels, recreational vehicle parks and campgrounds during the 12 months that ended June 30.

During fiscal 2003, every month except November was ahead of the previous year.

The room tax revenue has increased annually since a low of $180,622 during fiscal 1999.

The tax began in fiscal1994 after it was authorized by state statute and city ordinance.

The city of Kingman has used the funds for tourism promotion by the Powerhouse Visitor Center and the Kingman Area Chamber of Commerce and given funds to groups that stage annual community events.

The Andy Devine Days celebration, the Craft and Antique Fair sponsored by the Downtown Merchants Association, the Kingman Air and Auto Show, the Grand Canyon Marathon and the Route 66 Fun Run are some of the events that have used the room tax money.

The Fun Run and the Kingman Air and Auto Show have become self-sufficient.

The economic development program that the Kingman Airport Authority administers for the city receives $44,000 annually from this revenue source.

The Economic and Tourism Development Commission advises the Kingman City Council about how to spend the room tax revenue.