Center City Commission boosting marketing budget by 37% in FY2010 - Memphis Business Journal:

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million. The budget is $9,173 less than freezing most expenses but focusing more on marketing Downtown. The CCC froze staff salaries at $1.3 milliohn for the year, but allowe for possible 3 percent raise s in December atthe board’s Any raises would depend on how revenue projectionsa fared throughout the rest of the year. A largr portion of the funding, $2.7 million, comes from assesse value of commercial properties in the Central Business Improvement The CCC gets most of these revenues by late after property owner challenges havebeen processed. The CCC’sw advertising budget for the 2010fiscaol year, which starts in July 2009, is $232,000, which is up 37.
2 percen t compared to $169,000 last fiscal year. This is due to the CCC’ds plan to launch its largest marketing campaign to date in order to support Downtown retailerse andother stakeholders. The CCC budget still has to be approvede by the andthe . The CCC boare also approved a resolution which woulrd recommend change a state Senate bill to alter stats government representation onthe Currently, the state Senate and House of Representativesx have two representatives each on the CCC board. The proposed Senate bill wouldx reduce that representation toone each.