The ever controversial Chad Nesbitt released a statement to the media today voicing objection to the Citizen- Times’ statement in a recent article that some of the voting public feels the tourism industry is not sharing the wealth enough. Mr. Nesbitt, who is running for the chair position on the Buncombe County board of commissioners, offered evidence that projects directly benefitting the public have been directly supported by the Tourism Development Fund. The fund is supported by the 6 percent hotel tax.
Press release from Chad Nesbitt’s campaign for Chairman of the Buncombe County Commissioners:
As Chairman of the Buncombe County Commission, I pledge to follow the rule of law as opposed to the whims of liberal, socialist pseudo-politicians.
According to the Asheville Citizen-Times, “Several hotels being built downtown became the target of voters last year who felt the thriving tourism industry wasn’t sharing benefits with locals.”
The hotel tax of 6 percent is an industry-initiated tax to support marketing the destination and funding infrastructure to bolster Asheville and the region’s tourism standing. This is in addition to the 7 percent state sales tax which is a revenue source for the city. Roughly 75 percent of the money raised by the hotel tax goes to marketing and 25 percent goes to the Tourism Development Fund. Since its inception in 2001, over $16 million of the $23 million fund – 70 percent – has gone to projects directly benefitting the City of Asheville and it’s residents. The list is numerous and high profile and can be found at http://www.ashevillecvb.com/projects-funded/?_ga=1.184866798.635918274.1453752141