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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: August 20, 2013
TO: Honorable Chairman and Members of the Board
FROM: Daniel O'Byrne
SUBJECT: TDD Expenditure Recap; thru 3rd Quarter 2012-2013
DEPARTMENT: Tourist Development Department
BCC DISTRICT: All
STATEMENT OF ISSUE: As required by Florida Statute 125.0104 (4) (e) and pursuant to the
Tourist Development Council Bylaws and Tourist Development Department Operations &
Procedures Manual, revised and adopted on March 19, 2013, the Tourist Development Council
shall continuously review expenditures of revenues from the tourist development trust fund, and
shall receive, at least quarterly, expenditure reports from the county governing board or its
designee. This was done at the July 25, 2013 meeting of the Okaloosa County Tourist
Development Council.
BACKGROUND: TDD expenditures thru June 30, 2013 (3 fiscal quarters) were received from
the Clerk's office and formatted by TDD staff into two (2) distinct reports: a summary report by
bed tax "penny" (essentially the "level of restriction" as required by Ordinance) which also
includes the special assessments collected within the Municipal Services Benefit Unit; and a
detailed report by approved budget line item.
Both of these reports were presented to the Council approximately 2 weeks in advance of their
April 25 meeting, reviewed by the Council at the meeting, and unanimously approved.
RECOMMENDATIONS: Provide additional direction as necessary
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator