Folsom Tourism Business Improvement District Assessment Rate
Summary
The council reviewed a proposal to increase the Folsom Tourism Business Improvement District assessment from 4% to 8%, generating funds to invest in sports tourism infrastructure and physical capital improvements.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Feb 24, 2026.
Impact analysis
Doubling the TBID assessment rate is projected to significantly increase tourism-generated revenue and transient occupancy tax funds.
Local hoteliers, restaurants, retail businesses, and sports organizations benefiting from increased overnight tourism.
Hoteliers opposing an immediate doubling of the assessment rate.
Mentions & discussions (4)
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Folsom City Council (Regular) - Feb 24, 2026
Hotel owners and city officials are negotiating proposed increases to the Folsom Tourism Business Improvement District assessment rate, balancing tourism funding needs with lodging operator financial concerns.
Folsom City Council (Regular) - Jan 13, 2026
The council reviewed a proposal to increase the Folsom Tourism Business Improvement District assessment from 4% to 8%, generating funds to invest in sports tourism infrastructure and physical capital improvements.
Folsom, California’s AI-generated Bigfoot video hoped to boost tourism
Folsom, California’s AI-generated Bigfoot video hoped to boost tourism StateScoop
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