Memphis hotel-motel tax increase, $80 million for FedExForum renovations pass first test

Memphis City Council members gave an initial thumbs up this week to an ordinance that increases the city’s hotel-motel occupancy tax to boost funding for upwards of $550 million in renovations to the FedExForum. The increase would bring the tax to 4 percent, increasing it by 0.5 percent. Members unanimously approved the ordinance sponsored by […]