Legislation Details

File #: 18588-24    Version: 1
Type: Briefing/Report (Dept,BCC) - Action Requested Status: Agenda Ready (BCC)
File created: 3/14/2024 In control: Lodgers' Tax Advisory Board
On agenda: 3/19/2024 Final action: 3/19/2024
Title: Consideration of FY25 Lodgers' Tax Fund Revenue and Expenditures
Attachments: 1. 20240311 LTAB FY2025 Proposed Budget, 2. Lodger Tax Revenues

Title

Consideration of FY25 Lodgers' Tax Fund Revenue and Expenditures

Recommended Action

I move that the Board approve the proposed FY25 Lodgers' Tax fund revenue and expenditures.

Staff Recommendation

Staff recommends that this item be approved as presented.

Body

Based on a projected fiscal recovery for FY25, the County is recommending a flat budget for Lodgers' Tax Revenue expenditures, including continued funding of the Tourism Marketing Services and Visitor Center Operations and Management services contracts (at current rates), updating and reproducing visitor materials, administrative costs, and special projects as identified in the Tourism Strategic Plan.

Attachments

A- FY2025 Lodgers Tax Budget for Board Approval

B - LTAB YTD Revenue