The Wood County Industrial Commission is accepting hotel / motel occupancy tax (HOT) fund project proposals for the upcoming 2018-2019 fiscal year.
Projects must directly enhance and promote tourism and the hotel / motel industry in Wood County, fit into one of the categories for expenditures of such revenues as described under Texas Tax Code Chapter 352, demonstrate need and have the potential to attract a maximum number of tourists to Wood County.
Guidelines and funding request forms are available through the WCIC office. The forms provide examples of the types of projects that may be funded and can be obtained on the WCIC website at woodcountytx.com, by calling the WCIC office at 903-768-2402 or by email at firstname.lastname@example.org or email@example.com.
“Projects to be considered for funding support must generate overnight visitors to the county,” said Kiki Bettis, executive director of WCIC. “Successful proposals will clearly show how they plan to attract overnight visitors to Wood County.”
For projects that have been around for a while, Bettis said “Survey data will be necessary in determining the merits of the project for funding support. New projects should include a solid brief business plan and marketing strategy for bringing overnight visitors to Wood County. This assists us in determining the economic value of results generated and required local and state reporting of the distribution of Wood County HOT funds.”
According to Bettis, the resources in past years have supported a more robust local project budget, however projected revenues indicate these types of funds are becoming scarce.
“For that reason, the bar for qualifying projects will be high this year,” said Bettis. “Projects should support the lodging establishments in the county as that’s where these funds are generated from - heads in beds. More heads in beds means additional HOT revenue and the opportunity to fund more projects the following year.”
The deadline for submitting applications has been set for 5 p.m. on May 11. Applications can be mailed to the WCIC office at P.O. Box 578, Quitman, TX 75783 or by email to firstname.lastname@example.org or email@example.com. Applications can also be delivered to the WCIC office at the Wood County Airport Terminal located on County Road 2355 between Quitman and Mineola.
The WCIC Promotions Committee will review funding requests and forward recommendations for consideration and budget approval to the commission’s board of directors at the regularly scheduled monthly meeting in June.
For information, contact Bettis at 903- 768-2402 or by email at firstname.lastname@example.org.