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Spending down the TBID fund balance on marketing

Summary

The board is sitting on about $1.4 million and members agreed it should be put to work driving hotel bookings rather than sitting in the bank. They authorized up to $400,000 in additional media spending and asked Noble Studios to come back with even bigger proposals, with a new policy setting reserves at 20% of the prior year's budget heading into the July council budget process.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Mar 4, 2026.

Impact analysis

💰Financial impact

Up to $400,000 from the district's $1.4 million fund balance could go into added paid media, on top of the regular annual budget.

✅Who benefits

Local hotels and tourism businesses that depend on spring and summer bookings for most of their annual revenue.

Mentions & discussions (1)

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