Explore Fairbanks provided its budget needs to the Fairbanks North Star Borough Assembly finance committee Thursday night.
Scott McCrea, Explore Fairbanks’ president and chief executive officer, said his organization receives the lion’s share of its funding from the borough and city of Fairbanks bed tax revenue. The city distributes up to $2.25 million each year based on the overall amount collected, while the Assembly appropriates up to 65% of borough bed tax revenue.
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