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1 <br />Comprehensive Plan <br />County <br />Brevard <br />Indian River <br />Martin <br />Okeechobee <br />Palm Beach <br />St. Lucie <br />Capital Improvements Element <br />Table 6.2: Optional Tourist Taxes on Transient Rental Facilities <br />Original <br />Tourist <br />Tax <br />Additional <br />Tax <br />L00% <br />Professional <br />Sports <br />Franchise <br />Facility Tax <br />Additional <br />Professional <br />Sports <br />Franchise <br />Tax <br />✓ - indicates those counties eligible to impose a particular tax <br />Maximum <br />Potential <br />% Levy <br />Source: Local Government Financial Information Handbook, April 2003. <br />The Local Option Tourist Tax can be used for the following purposes: <br />(1) <br />(2) <br />(3) <br />(4) <br />(5) <br />Total % <br />Levy <br />Acquire, construct, operate, and promote one or more publicly owned and operated <br />convention centers, such as sports stadiums, coliseums, or auditoriums within the <br />district that the tax is imposed; <br />Promote and advertise tourism nationally, internationally, and in the State of Florida; <br />Fund convention bureaus and other tourist information bureaus as county agencies or by <br />contract with the Chamber of Commerce or similar associations in the county; <br />Finance beach development and restoration as well as shoreline protection and <br />restoration of inland lakes and rivers to which there is public access; <br />Construct, improve, maintain, and promote museums, zoos, fishing piers, or nature centers <br />which are publicly owned and operated either by the county or a not-for-profit organization <br />which opens the facilities to the public (applicable to those counties with a population less <br />than 500,000); <br />(6) Pledge the revenues to secure and liquidate revenue bonds issued by the county, <br />subject to certain limitations. <br />Community Development Department Indian River County <br />Supplement #; Ordinance 2005-, <br />8 <br />