The Manatee County Tax Collector reported a gain of more than $250,000 in tourist tax collections for January 2020 over January 2019.
The tourist tax coffers took in $1,735,750.27 — up $277,188.22 over January 2019.
The county tourist tax rate is 5%. The tax, also known as the bed tax or resort tax, is collected on overnight rentals of six months or less.
In the period October 2019-January 2020, revenues were up $511,088.81 over the same months in 2018-19.
Totals were $4,671,761.67 in 2019-20 and $4,160,668.86 in 2018-19.
Holmes Beach led the three island cities in tourist tax collections with 21.53% of January’s county collections at $373,879.26.
Anna Maria was second, with $216,302.33 or a 12.40% share.
Bradenton Beach collected $105,168.63 or 6.06%.
Longboat Key collected $175,278.91 for 10.10% of the county total.
Unincorporated Manatee County accounted for the largest total with $709.892.38 collected, or 40.89%.
Bradenton collected $150,262.50 or 8.65%, Palmetto collected $5,170.70 and unassigned areas collected $288.45 for a combined total of 0.32%.
The money is collected by the state and funded back to the county. State law reserves resort tax funds for tourism-related spending.
In Manatee County, the tax funds the Bradenton Area Convention and Visitors Bureau and the Bradenton Area Convention Center, as well as supports ongoing tourist-related entities such as Realize Bradenton and the Pittsburgh Pirates spring training and beach renourishment on Anna Maria Island.
The tourist tax is collected in arrears.
January bed tax collection:
2016 — $938,871.72
2017 — $1,005,671.70
2018 — $1,105,261.92
2019 — $1,458.562.05
2020 — $1,735,750.27