Manatee County’s June tourist tax revenues below 2019, trending up

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Visiting pipeline The pipeline carrying sand for the beach renourishment project and a fence define where beachgoers can access the shoreline July 29 near 77th Street in Holmes Beach. An HBPD officer assisted with safety for the operation. By Aug. 7, the operation had moved south toward Bradenton Beach. Islander Photo: ChrisAnn Allen

Tourist tax revenues in Manatee County began an ascent in June, as “safer at home” restrictions eased and summer travels began.

Tourist tax revenue for the month — collected by the government in July and reported Aug. 1 — totaled $1,443,501.

In June 2019, the tax revenue was $1,653,009, resulting in a drop of 12.69% for the month.

However, the June revenue showed improvement from the spring, when short-term vacation rental restrictions were in effect in Manatee County. Restrictions began March 27 and eased May 21.

Tourist tax revenue for May totaled $558,014, down from $1,093,869 in May 2019.

In April, overnight stays generated $449,904 in bed taxes, down 69.81% from April 2019.

In March, overnight stays grossed about $1.78 million in bed taxes, down 34.59% from March 2019.

The tax money comes from the 5% tax on collected on rentals of six months or less and began plummeting in March, when the novel coronavirus was first reported in the United States.

About 29.4% of the June tax collected, $424,306, was generated in Holmes Beach, according to the Manatee County Tax Collector’s report.

The tax collected from Anna Maria accommodations was $$246,291, about 17% of the total.

Bradenton Beach produced about 7.4% of the tax collected — $106,742.

Some more numbers for June:

  • Unincorporated Manatee County, $437,401, 30%;
  • Bradenton, $78,998, 5%;
  • Longboat Key, $146,643, 10%;
  • Palmetto, $3,117, 0.22%.

The state collection fee or commission on the tax is 3%, so the net collection for the Manatee County Tourist Development Council in June was $1,400,197.

The numbers showed $11,164,255 collected between the beginning of the fiscal year, Oct. 1, 2019, and June 30.

The tax revenues must be used to boost and develop tourism, including funding for the Bradenton Area Convention and Visitors Bureau and the Bradenton Area Convention Center and tourism-related entities, such as Realize Bradenton and the Pittsburgh Pirates, as well as supporting projects, such as island beach renourishment and construction of the new Anna Maria City Pier.

The TDC recommends a budget, which is decided by the county commission.

The July numbers will be released in early September.

The tax income is expected to be addressed at the next meeting of the Manatee County Tourist Development Council, which is tentatively set for 9 a.m. Monday, Aug. 17, at Holmes Beach City Hall, 5801 Marina Drive.

 

June 2014: $930,123

June 2015: $1,091,234

June 2016: $1,103,017

June 2017: $1,254,778

June 2018: $1,527,875

June 2019: $1,653,009

June 2020: $1,443,501

Source: Manatee County Tax Collector