Columbus City Council has voted to implement two five-per cent ticket taxes to support improvements to Nationwide Arena.
According to the Columbus Dispatch newspaper, Council President Shannon Hardin called the ticket taxes “a fair plan, a bold plan, a realistic plan.”
Columbus City Council last month revised the 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 are part of the Columbus Art Alliance, a new funding strategy to invest in creativity and stability of public facilities.
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Image: Nationwide Arena