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Myers said spending on street and sidewalk maintenance has been cut in half, a new park restroom was cancelled and a hiring freeze for certain positions is in place. And that boom in short-term rentals led to a bump in hotel tax revenue in July. Next Up:. Available On Air Stations. Support TPR. Show Search Search Query.
Fredericksburg's booms and busts — overall revenue holds steady despite statewide slump
Ways to Connect. In addition to continued tourism, increased online business has played a large role.
But the revenue gains and slashed expenses since then have almost been enough to overcome the loss. TPR was founded by and is supported by our community. I mean, we've been an online business since We've had jelly.
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Statewide sales tax revenue actually increased in July compared to the same month in Though there are silver linings for Fredericksburg, the statewide fiscal forecast remains cloudy. Search Query Show Search. Although some sectors are thriving, the local hotel industry is still recovering.
There is some reason for hope, at least on the fiscal side: Texas has a rainy day fund. The lost benefits could reduce consumer spending, and with it, state and local revenue.
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I just don't know. Online orders jumped from about per month in the first quarter to about per month in the second. He oversees tax collections and tells the state legislature how much money it has to work with. She told TPR that the hotel hits capacity during normal, non-pandemic weekends.
The company has been online for more than two decades, but its website received a facelift after in-person visitation dropped off in the spring. If you value our commitment to the highest standards of responsible journalism and are able to do so, please consider making your gift of support today.
Facebook Twitter LinkedIn. All Streams. A busted tourism industry, a flailing oil and gas sector and shuttered bars have led to a multibillion-dollar revenue shortfall for the state of Texas.
And of course, the wine goes to the customer. Related Content.
But there will be capacity limits, and the drop in occupancy has been tough. Dominic Anthony Walsh. The investment paid off.
With similar situations playing out across Fredericksburg, the microscopic coronavirus has city budget-sized ripple effects. Play Live Radio. TPR Community.
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The City of Fredericksburg is slashing expenses after tourism-related revenues took a big hit early in the pandemic. See stories by Dominic Anthony Walsh.
And more than three million Texans have applied for unemployment benefits since mid-March. Hegar is the Texas Comptroller of Public s.
People, some of whom wear masks, walk along the crowded Main Street in Fredericksburg. Kelly Criddle is the marketing manager. So we've been very pleased so far. A by Fredericksburg's City Hall informs tourists and residents of the statewide mask requirement.