Issue link: https://newsleader.uberflip.com/i/336863
the motion would mean an extra $229,305 for facilities funding in the 2015 fiscal year. The TDC motion on June 19 included approval of the county's taking excess revenue in a fund set aside for the repayment of bond funds and facilities maintenance at Ed Smith Stadium and putting it into an account for infrastructure. The resulting amount from the stadium fund for FY 2015 would be $382,170, Botelho noted. TDC member Sharon Cunningham made the motion, saying of the Visit Sarasota County board members, "I think they're being gener- ous in giving up 7.5 percent of their one penny." "I think this has to be give and take," responded Venice City Councilman Bob Daniels, who rep- resents that municipality on the TDC. "So we have to raise some kind of capital and get new products online. … I think that's reasonable." Prior to the vote, TDC member Tony Swain asked Virginia Haley, president of Visit Sarasota County, "If push comes to shove and you had to take a cut, which one could you suck up the easiest?" A chart compares Tourist Development Tax revenue collections from Fiscal Year 2003 through Fiscal Year 2013. Image courtesy Sarasota County Sarasota News Leader June 27, 2014 Page 61