5. DMO26-0115 ATT5 - Treasurer Report - Q2 FY26

Tourist Development Council · 2026-05-20 · agenda_item

This item concerns the Treasurer Report for the second quarter of Fiscal Year 2026 for the Pasco County Tourist Development Council. The report details financial performance, including tourist tax collections and occupancy rates for various lodging types across different county quadrants. This is a financial reporting item, not a construction project. Therefore, there are no immediate construction-related opportunities for contractors, trades, suppliers, or service providers at this time. The information presented is for review and informational purposes by the council. No new development or construction is being proposed or reviewed in this agenda item. As such, there are no specific scopes of work or phases to describe for potential business engagement.

Fiscal Year 2026

26 FY

Q2

2 Quarter

Occupancy Rate 2026

74.8 %

Occupancy Rate 2025

79.8 %

Occupancy Rate Change

-6.3 %

Average Daily Rate 2026

143.18 $

Average Daily Rate 2025

153.58 $

Average Daily Rate Change

-6.8 %

REVPAR 2026

107.07 $

REVPAR 2025

122.51 $

REVPAR Change

-12.6 %

Occupancy Rate 2024

77.3 %

Occupancy Rate Change

-3.3 %

Average Daily Rate 2024

139.04 $

Average Daily Rate Change

+3.0 %

REVPAR 2024

107.54 $

REVPAR Change

-0.4 %

Tourist Tax Collection March 2026

831,108.44 $

Tourist Tax Collection March 2025

869,706.64 $

Tourist Tax Collection March Change

-4.44 %

Tourist Tax Collection March Variance

-38,598.20 $

Tourist Tax Collection March 2024

828,598.53 $

Tourist Tax Collection March Variance

+2,509.91 $

Tourist Tax Collection March Change

+0.30 %

2023-2024 Fiscal Year Revenue to Date

3,455,257.84 $

2024-2025 Fiscal Year Revenue to Date

4,810,959.71 $

2025-2026 Fiscal Year Revenue to Date

3,531,842.62 $

Revenue Decrease Year-to-Date

-1,279,117.09 $

Revenue Increase FY23/24

+76,584.78 $

Revenue Increase % FY23/24

2.22 %

NORTHEAST QUADRANT Total TDT Collected

28,278.26 $

NORTHWEST QUADRANT Total TDT Collected

23,400.76 $

SOUTHEAST QUADRANT Total TDT Collected

303,577.54 $

SOUTHWEST QUADRANT Total TDT Collected

272,631.69 $

PASCO Occupancy % 2026

74.8 %

PASCO Occupancy % 2024

77.3 %

PASCO ADR 2026

143.18 $

PASCO ADR 2024

139.04 $

PASCO RevPAR 2026

107.07 $

PASCO RevPAR 2024

107.54 $

PASCO Occupancy Variance

-3.3 %

PASCO ADR Variance

3.0 %

PASCO RevPAR Variance

-0.4 %

PASCO Occupancy % Jan-Mar 2026

71.9 %

PASCO Occupancy % Jan-Mar 2024

70.8 %

PASCO ADR Jan-Mar 2026

135.97 $

PASCO ADR Jan-Mar 2024

131.05 $

PASCO RevPAR Jan-Mar 2026

97.81 $

PASCO RevPAR Jan-Mar 2024

92.74 $

PASCO Occupancy Variance Jan-Mar

1.6 %

PASCO ADR Variance Jan-Mar

3.8 %

PASCO RevPAR Variance Jan-Mar

5.5 %

PASCO Occupancy % March 2026

74.8 %

PASCO Occupancy % March 2025

79.8 %

PASCO ADR March 2026

143.18 $

PASCO ADR March 2025

153.58 $

PASCO RevPAR March 2026

107.07 $

PASCO RevPAR March 2025

122.51 $

PASCO Occupancy Variance March

-6.3 %

PASCO ADR Variance March

-6.8 %

PASCO RevPAR Variance March

-12.6 %

PASCO Occupancy % Jan-Mar 2025

82.1 %

PASCO ADR Jan-Mar 2025

151.70 $

PASCO RevPAR Jan-Mar 2025

124.62 $

PASCO Occupancy Variance Jan-Mar

-12.4 %

PASCO ADR Variance Jan-Mar

-10.4 %

PASCO RevPAR Variance Jan-Mar

-21.5 %

Admin Budget FY25/26

1,247,039.00 $

Admin Actual FY25/26 Q2

512,887.50 $

Admin Remaining FY25/26

734,151.50 $

Marketing/Promotional Budget FY25/26

3,172,257.00 $

Marketing/Promotional Actual FY25/26 Q2

869,794.18 $

Marketing/Promotional Remaining FY25/26

2,302,462.82 $

Operations Budget FY25/26

1,246,069.00 $

Operations Actual FY25/26 Q2

624,846.51 $

Operations Remaining FY25/26

621,222.49 $

Professional Services Budget FY25/26

1,435,603.00 $

Professional Services Actual FY25/26 Q2

285,875.26 $

Professional Services Remaining FY25/26

1,149,727.74 $

Total Budget FY25/26

7,100,968.00 $

Total Actual FY25/26 Q2

2,293,403.45 $

Total Remaining FY25/26

4,807,564.55 $