City may not recoup Hotel Topeka costs until 2060
Assistant City Manager Braxton Copley presented two options to the City of Topeka Transient Guest Tax Committee (TGTC) Wednesday to help recover the $17.7 million that has been spent so far on Hotel Topeka. The TGTC voted unanimously to implement a transient guest tax structure to recoup costs related to Hotel Topeka on Aug. 27. The proposal that was approved will result in a 7% transient guest tax increase until 2028 for all other hotels in Topeka, when the rates will drop to 6% and then to 5% in 2033. To recoup the costs, Hotel Topeka will have its own special [...]