HORN LAKE — Aldermen have approved a resolution confirming the Oct. 8 referendum date for a proposed hotel/motel tax levy designed to boost the city of Horn Lake’s tourism and economic development funds.
The Commercial Appeal reports the board in August voted to hold a referendum on the proposed tax, which would place a $2 per night tax on hotel and motel rentals in the city. Revenue generated from the tax would go into the city’s tourism and economic development fund.
Aldermen and Mayor Allen Latimer have touted the tax as a way to generate revenue without taxing the city’s residents, unless they stay in a lodging facility in Horn Lake.
City officials say Tuesday’s resolution was a technicality to ensure the city fully complied with state law on setting the date for the referendum.