The Las Vegas Convention and Visitors Authority board of directors got its first detailed look Tuesday at its proposed $460 million fiscal year 2026 budget that will include an expected 5 percent decline in room tax revenue and marketing and advertising expenditures of $168 million.
The spending plan will be the subject of a public hearing and final vote May 20.
President and CEO Steve Hill and LVCVA Chief Financial Officer Jim McIntosh outlined the plan in a 30-minute presentation to the board.
The LVCVA plans to roll out a new marketing plan in the next fiscal year and Hill said most of the advertising will be focused on attracting domestic travelers to the destination.
