January tourist tax continues climb

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