Tuesday, February 18, 2014

Council seeks OK to add '6th penny' to tourism bed tax,... | www.mypalmbeachpost.com

The Tourist Development Council is putting in motion the process for hotels to charge another one percent bed tax. This is allowed since Palm Beach County has one of the higher tourism rates in the state. But the certification takes some time so it is not immediate. Interesting how the proceeds are broken down. Forty percent of the funds raised go to support existing facilities like Roger Dean Stadium and the convention center. The other sixty percent is spread over many groups under the Discover Palm Beach County "umbrella." They include these groups, including Lake Worth-based Cultural Council of Palm Beach County. Click title for link.
In Palm Beach County, tourism taxes are divvied up with 40 percent going to debt service and future expansion of the convention center and Roger Dean Stadium and 60 percent going to destination marketing, beach renourishment and convention center operations.
That 60 percent is used by Discover Palm Beach County, formerly the Convention and Visitors Bureau, the Sports Commission, the Film and Television Commission, the Cultural Council and the county’s Environmental Resources Management Department.
Between the Breezeway, the Ixora and the Silver Lions Motor Lodge, Lake Worth probably contributes .02% of the total Palm Beach County draw. Remember, most everyone from out-of-town attending the Street Painting Festival this weekend will have to stay somewhere outside of Lake Worth.