MOUNT VERNON — The Knox County Convention & Visitors Bureau was able to roll with the punches in last year’s rough economy, director Pat Crow said in his report Thursday to the board of commissioners.
“We felt last year was going to be down and adjusted our budget,” Crow said.
The CVB was able to adjust on the fly, he said, because its funding comes primarily from a county bed tax. Crow noticed that major construction projects were down going into 2009, which meant fewer rooms would be occupied at local hotels, and, therefore, a lower bed tax income for the year. By adjusting early for the 8 percent drop in revenue, Crow said the CVB negotiated the year smoothly.
Crow said the organization’s state audit, which takes place every other year, will be done this summer. To keep things running smoothly between state audits, Crow said the CVB has been doing quarterly internal audits, which should help keep the bigger audits streamlined.