In July 2007, the Greenwood City Council adopted an advertising and promotion tax ordinance levying a 1 percent tax on the gross proceeds of dining establishments and a 3 percent tax on the gross proceeds of lodging properties.
The Greenwood Advertising and Promotion Commission oversees the distribution of those revenues from the tax, which began being levied January 1st of 2008.
The tourist industry is one of Arkansas' greatest assets, with many business travelers and vacationers finding their way to the River Valley area. Realizing that Greenwood has to compete for a share of the tourist dollar, the A & P Commission was established to oversee funding for promotional materials and events that will entice people to make Greenwood their destination.
Mike McAlister, Chairman