LITTLE ROCK, Ark. (AP) - Little Rock city leaders have approved a two cent increase on hotel taxes and plan to ask voters to dedicate that money for improvements at the Arkansas Arts Center.
The Little Rock Board of Directors voted unanimously Tuesday to approve two separate one cent increases on the tax levied on hotels, motels, bed-and-breakfasts and short-term vacation rentals.
The tax increase doesn't require voter approval, but voters will decide Feb. 9 whether the money can be spent on MacArthur Park, the Arkansas Arts Center and the MacArthur Museum of Arkansas Military History.
The city wants to take out up to $37.5 million in bonds to pay for the improvement projects over 30 years.
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