Columbus City Council has revised a proposed ticket tax, with amendments cutting the rate from 7% to 5% while stipulating that only tax revenue from events held at the US city’s Nationwide Arena can be used to fund improvements to the venue.

The changes revealed yesterday (Tuesday) are part of the Columbus Art Alliance, a new funding strategy to invest in creativity and stability of public facilities. “This proposal is a direct result of what we do in Columbus: radical collaboration,” said City Council president Shannon Hardin.

“We listened, we looked at the research, and we balanced public needs with economic reality. We must take responsibility for our aging buildings and for the next generation of arts, artists and arts education for local families and their kids. This plan offers a path forward for two important challenges.”

Read the full story on our sister site, TheTicketingBusiness.

 Image: Nationwide Arena