Funding Futures: Dedicated Funding & Tax Increment Financing
Funding Futures is a major study of the recovery and future of tourism and DMO funding coming out of the COVID-19 crisis. The project analyzed 115 North American cities, all 50 U.S. states and 10 Canadian provinces to summarize the current situation, the impact of the COVID-19 crisis, and the outlook for recovery. The study also introduces and explores ten alternative funding options for DMOs to be “built back better” – options for more balanced, resilient and sustainable funding.
In this webinar, Civitas and Miles Partnership will review and discuss the funding options "Dedicated Funding" and "Tax Increment Financing" in more detail.
This research project is undertaken by Miles Partnership, Civitas Advisors and Tourism Economics with most of the time and effort contributed pro-bono to allow all DMOs to access the report free of charge. Some valuable funding was provided by the U.S. Travel Association Destination Council and the Destination Marketing Association of Canada. Important support was also provided by Destination Analysts with additional in-kind assistance from Destinations International.
For more information, visit www.milespartnership.com/FundingFutures