








The tax increment financing diverts public funds that are already dedicated and badly needed by our public schools and our economic and transportation infrastructure, Dupepe said. And it's been voted on by the citizens to be distributed that way. The citizens weren't consulted when this TIF was created. Its purpose is simply unfair and it doesn't serve the public interest. The NOMCVB, Orleans Parish Public Schools, the Convention Center, New Orleans Tourism Marketing Corp., the Louisiana Stadium and Exposition District and the RTA will forego an estimated $202 million in hotel occupancy taxes over 30 years, according to the New Orleans-based BGR. If there's no hotel, there's no tax, Boissiere said. They're not losing anything because they wouldn't get it anyway.
