Manatee County’s bed tax bump from May to June was shy of $1 million.
And the county’s income from the 5% tax on rentals of six months or less continues to exceed collections from previous years.
In June, the county earned $2,923,351 from the “bed tax,” an increase of 2.99% from revenue gleaned in June of last year, according to a report provided Aug. 1 by the county tax collector’s office.
For May, the tax collected was $1,997,077.
Unincorporated Manatee County in June brought in $1,052,295 in bed tax revenue or about 36% of total earnings.
Holmes Beach accounted for $795,843 or 27.22% of total revenue.
Anna Maria gleaned $365,794, about 12.51% of the revenue share.
Bradenton Beach earned $196,270 — 6.71% of the revenue pie.
More June statistics:
- Longboat Key generated $249,005 or 8.52%;
- Bradenton generated $257,137 or 8.8%;
- Palmetto generated $7,004 or 0.24%.
Minus the tax collector’s 3% monthly administrative fee, the county’s net resort tax revenue in June was $2,835,650.
From Oct. 1, 2022-June 30, the resort tax generated $25,036,598, putting the county on track to match or exceed the total of $28.6 million for the fiscal year 2022-23.
The Manatee County Tourist Development Council advises the county commission on how to spend the bed tax revenue, which under state law must go to develop tourism and tourist amenities, such as funding for replacing the Anna Maria City Pier and beach renourishment programs on the island.
TDC members include: County Commissioner James Satcher; Bradenton Mayor Gene Brown; Palmetto Mayor Shirley Bryant; hoteliers Jiten Patel, Ed Chiles, Eric Cairns, and Rahul Patel and interested citizens Dave Wick and Norma Kennedy.
The advisory board’s next meeting, chaired by Satcher, will be at 9:30 a.m. Monday, Aug. 21, at the Center of Anna Maria Island, 407 Magnolia Ave., Anna Maria.
June tourist tax collections:
June 2019: $1,653,010
June 2020: $1,443,184
June 2021: $2,811,793
June 2022: $2,838,519
June 2023: $2,923,351
Source: Manatee County Tax Collector