Sarasota News Leader

07/18/2014

Issue link: https://newsleader.uberflip.com/i/348392

Contents of this Issue

Navigation

Page 54 of 98

could hit $16 million for the current fiscal year after reaching a new high of $14,876,325.28 in the 2013 fiscal year. Through the end of May, according to information from the Sarasota County Tax Collector's Office, the TDT reve- nue total was $12,652,242.72. Though May's income of $1,121,009.87 reflected the typical decline in tourism spend- ing after the height of season — the April collections added up to $1,724,529.43 — it still was $136,066.71 higher than the amount gen- erated during same month in 2013. Moreover, total TDT revenue thus far this fiscal year is up $1,566,529.71 over the same period in 2012-13. Additionally, statistics compiled for VSC show the total number of visitors staying in a commercial lodging from Oct. 1, 2013 through the end of April was up 5 percent, to 604,400, in comparison with the same period in the 2013 fiscal year. Their spending was 9.9 per- cent higher. Condominium rentals are included in the data, Virginia Haley, president of VSC, has pointed out. In the comparisons for April alone, direct spending was up 13.1 percent year-over-year, while the total economic impact had risen to $158,448,700 in comparison to $140,076,400 for the same month of 2013, the report shows. Revenue per room increased 20.4 percent, according to the year-over-year statistics for April, with the average room rate at $184.82 Visit Sarasota County provided the County Commission statistics about visitors to the area in the 2013 fiscal year. Image courtesy Sarasota County Sarasota News Leader July 18, 2014 Page 55

Articles in this issue

Archives of this issue

view archives of Sarasota News Leader - 07/18/2014