In 1991 Wake County was authorized to levy a countywide 6% Room Occupancy and a countywide 1% Prepared Food and Beverage tax. The revenue supports arts, culture, sports and convention facilities in Wake County. These funds are governed through interlocal agreements between the Wake County Board of Commissioners and the Raleigh City Council.
Enabling Acts
ILAs & Amendments
1st Amendment - 1996.12.01 (Performing Arts and Five County Stadium)
3rd Amendment - 1998.10.01 (Five County Stadium)
5th Amendment - 2000.07.01 (Yates Mill and American Tobacco Trail)
6th Amendment - 2000.07.01 (Exploris and IMAX)
7th Amendment - 2001.01.01 (Soccer Center)
Arena Tri-Party Agreements
Operating Principles & Practices
Financial Models
Financial Models – Spring 2018
FY18 RCC Financing Plan (Unaudited)
Major Facilities Model – FY18 Year-End Unaudited
Financial Models from 20th Amendment – Fall 2016
Financial Model - Convention Center Complex
Financial Model - Major Facilities
Financial Model – FY 2022
FY22 Year-End Financial Model
2018/2019 Request for Information
2020 COVID-19 Adjustments
Stakeholder Reviews
2016/2017 Stakeholder Review
Phase I
March 20, 2016, Meeting
3. Attachment - County Major Facilities Model
4. Attachment - Convention Center Financial Model
5. Attachment - Summary of Interlocal Agreements
April 14, 2016, Meeting
4-14-16_RCC CIP Presentation-final
Major Facilities Educational Presentation to Stakeholders 4-14-16
PNC Arena-ILA Stakeholders Mtg-Apr 14, 2016
April 28, 2016, Meeting
Agenda for 4-28-2016 stakeholders
Combined Presentation
May 12, 2016, Meeting
Major Facilities Model Strawman Proposal
MASTER Major Facilities Model - baseline ddf
May 26, 2016, Meeting
5.25.16 Strawman for Phase 1 May 26
Combined Packet for Major Facilities Stakeholders Meeting 5-26-2016
Responses to Strawman
Emails from John House with the Centennial Authority
Letter from Cary re - maintenance request
Letter from GRCVB Chair re Strawman
Letter from Jim Beley re Strawman
WCHA Response to Strawman Revisions May 20 2016 Phase 1
June 13, 2016, Work Session
Phase II
Feb. 23, 2017, Staff team
2017 Facilities Work Team March 9 Agenda
Major Facilities Principles Wordsmithing Worksheet
March 9, 2017, Stakeholders Meeting
1. Stakeholders Meeting 3-9-2017 Agenda
2. Maj Fac Information Session - 3-5-17
2. Maj Fac Information Session - 4-28-17
3. Draft Wake County Principles
4. Financial Model - Major Facilities
5. Financial Model - Convention Center Complex
6. Enabling Act 2 - Chapter 458, Section 5 of 1995 NC Session Laws
7. Summary of Enabling Legislation
8. Summary of Interlocal Agreements
9. Major Facilities Principles Ranking Worksheet
Major Facilities Principles Wordsmithing Worksheet
March 9 2017 Meeting Material Combined Packet
March 27, 2017
1. Stakeholders Meeting 3-27-2017 Agenda
Operating Practices draft ddf 3-24-17
Wake County Room Occupancy and Prepared Food and Beverage Operating Principles
April 28, 2017
1. Stakeholders Meeting 4-28-2017 Agenda
Operating Practices Summary v1.3
Stakeholders Presentation - 4-28-17
Wake County Room Occupancy and Prepared Food and Beverage Operating Principles
2018/2019 Stakeholder Review
August 12, 2019, Board of Commissioners Meeting:
June 19, 2019, Stakeholder Meeting Material:
March 14, 2019, Presentation to Stakeholders:
- Part I (26 MB)
- Part II (16 MB)
February 28, 2019, Presentation to Stakeholders:
- Part I (117 MB)
- Part II (7 MB)
February 14, 2019, Presentation to Stakeholders (14 MB)
2023 Stakeholder Review
February 15, 2023, Presentation to Stakeholders
March 1, 2023, Presentation to Stakeholders – Centennial Authority
March 1, 2023, Presentation to Stakeholders – Town of Cary
March 15, 2023, Presentation to Stakeholders – City of Raleigh
August 11, 2023, Presentation to Stakeholders:
Competitive Processes
FY18 Small Projects Competitive Process
Hospitality Tax Small Projects RFP for Approval
Chapter 458, Section 5 of 1995 NC Session Laws
Wake County Room Occupancy and Prepared Food and Beverage Operating Principles
Visitors and Return on Investment Table
Hospitality Tax RFP Combined Packet Final
2018 RFP Major Facilities Pre-Submittal Meeting Notes 11-3-17
2018 RFP Major Facilities Pre-Submittal Meeting Notes 12-7-17
Medium Projects Competitive Process 2019-2020
Multipurpose Indoor Sports Complex RFP 2019-2020
FY23 Small Projects Competitive Process
Wake County is conducting a competitive process to award hospitality tax funds to small capital projects. Find out more about the Request for Proposals (RFP) process and stay up to date on the process by visiting the Wake County Finance Current Business Opportunities page and scrolling under Request for Proposals to RFP #23-003 Hospitality Tax Small Capital Project Funding.