Article 23 proposes the annual allocation of approximately $500,000 from the town’s hotel and motel tax revenue to support tourism development. These funds are used to market Yarmouth as a destination and support the local Chamber of Commerce.

Town Administrator Robert L. Whritenour explained that the article preserves a portion of the tax specifically for the industry that generates it. Sets aside from the hotel motel tax a small amount... and earmarks those funds for tourism development... the majority of it goes to funding the Chamber of Commerce, he said.

The Preservation Fund is a key part of Yarmouth’s economic strategy, especially given the town’s reliance on seasonal visitors. This dedicated funding source allows the town to compete for tourists without drawing from the general property tax fund, ensuring that the local hospitality industry remains a strong driver of the town’s economy.