Guest Column: Bailout for Cultural Council

A CRAMDOWN TO BAILOUT THE ST. JOHNS COUNTY CULTURAL COUNCIL

Randy Covington
Conservative Research Network

February 13, 2011

For years, the process by which bed tax monies have been allocated, especially in Category II has been seriously flawed. The pool of money CAT II draws from is approximately $1.0 million dollars a year in the current down economy and is projected to accumulate to some $34.0 million dollars over the next 20 years under the current rate.