Fiscal Year 2004 Tourism Capital
by Thomas E. Van Hyning
Abstract:
TCI data collection for Mississippi’s Fiscal Year (FY) 2004 Tourism Economic Impact Report are presented within the context of an initial effort to secure estimated new construction and expansion/renovation of Tourism-related business projects with public and private sources for the 12-month period ending June 30, 2004. The estimated $440.8 million in FY 2004 TCI included $213 million in new or expanded state-licensed casino development from hotels, restaurants, equipment, etc. Other investments covered the gamut from airports to zoos. Tourism factors were assigned to businesses/projects along the lines of factors used for estimated sales; e.g., museums, restaurants, retail establishments, among others.
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