Fiscal Notes: Paying for Texas Convention Centers

Fiscal Notes: Paying for Texas Convention Centers

(AUSTIN) — In the August issue of Fiscal Notes, released today, the Comptroller’s office looks at the complex economics of convention centers, a common yet expensive strategy for local economic development. “A convention center is a big investment, and most never turn a profit,” Texas Comptroller Glenn Hegar said. “There’s constant pressure to keep convention centers up to date, with more exhibition space, more hotels and entertainment options, luxurious appointments and the latest electronic features. State and […]