How is the TDF funded?

The Tourism Development Fund (TDF) is funded through a portion of a 1% sales tax increase established by Virginia Senate Bill 942 (2018) and agreed to by Williamsburg City Council and leaders in James City County and York County in late April/early May 2018. The sales tax increase does not include groceries and went into effect in July of 2018. Read more about the funding sources here

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1. What types of projects could be funded by the TDF?
2. How is the TDF funded?
3. Is anyone able to apply for funding?
4. How would the TDF money be distributed?
5. Why does the City have to fund the projects?
6. How did City Council decide on a Tourism Development Fund?
7. Will unspent TDF money rollover into the next year?
8. How does the TDF differ from the City’s Capital Improvement Plan (CIP)?
9. Where has a TDF been successful in a similar market to ours?
10. How will we determine the success of the TDF?