2. Recommendation Concerning Acceptance of TDT Collection Data for the May

Board of County Commissioners Meeting · 2026-07-23 · agenda_item

This item concerns the acceptance of Tourist Development Tax (TDT) collection data for May 2026 returns, which were received in June 2026. The Treasury Department of the Clerk and Comptroller's Office prepared this data for the Board of County Commissioners. Total collections in June 2026 were $2,577,264, showing a 4.4% increase compared to June 2025. Year-to-date collections for Fiscal Year 2026 reached $13,652,492, a 4.8% increase over Fiscal Year 2025. This item is currently under review by the Board of County Commissioners. While no direct construction project is detailed, the reported increase in TDT collections suggests potential future growth and development that could lead to opportunities in related sectors. Businesses involved in hospitality, tourism support services, and potentially construction and retail could see increased demand as tax revenues rise. Engaging with local government and economic development agencies early could provide insights into future planning and potential projects.

Total collections received in June 2026

2,577,264 $

Increase compared to June 2025

4.4 %

Year-to-date collections for FY2026

13,652,492 $

Year-to-date collections for FY2025

13,026,893 $

Increase in year-to-date collections

4.8 %