COVID-19 beating down Central Nebraska lodging tax revenue
HASTINGS, Neb. (KSNB) - Everyone saw it coming, but nobody likes it.
Figures provided by the Grand Island Chamber of Commerce show that COVID-19 has pushed lodging tax revenues way down year-to-year.
Lodging taxes are collected from hotels, who in turn charge their customers who are coming into town for livestock events, shooting sports and sports tournaments.
In April 2019, Hall County collected $66, 586. In April 2020, it was only $19, 565, a loss of $47, 021, or a decrease of near 71%.
Lodging tax revenues in Adams County for April 2019 were $17, 317. In April 2020 they totaled $5,276, down $12,041, a decrease of 69%.
Buffalo County has been hardest hit. April 2019 lodging taxes were $86,895 and in April 2020 were down to $16, 115. That’s a loss of $70, 780, a decrease of 81%.
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