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Ordinance No. 2014-020 <br />the levy of the tourist tax. Any lodging agreement for six months or less is subject to the tax. <br />Generally, the tourist tax levy is one or two percent. Counties, however, may set an additional one <br />percent above the original tax through an extraordinary vote of the governing board or by <br />referendum. Further, if a professional sports franchise facility is located within a county, an <br />additional one to two percent tourist tax may also be levied. The first one percent professional sports <br />franchise facility tax may be authorized by a majority vote of the governing board of the county, <br />while the second one percent tax must be authorized by a majority plus one vote of the governing <br />board of the county. Currently, Indian River County imposes the original two percent tourist tax, the <br />additional one percent tax, and an additional one percent professional sports franchise facility tax. <br />Out of Florida's sixty-seven total counties, sixty-two currently levy a tourist tax. Of those sixty-two <br />counties, forty-six counties, including Indian River County, impose an additional one percent tourist <br />tax; thirty-seven counties, including Indian River County, impose a one percent professional sports <br />franchise tax, and twenty-one counties impose the second one percent professional sports franchise <br />tax. <br />Table 6.2 displays the tourist taxes imposed in counties that are geographically proximate to Indian <br />River County. Compared to neighboring counties, Indian River County imposes a similar level of <br />tourist taxes. Brevard, Palm Beach, and St. Lucie Counties have the highest tourist tax levy of the <br />six counties listed (5.0%). While Indian River County and Martin County each have a tourist tax <br />rate of 4.00%, Okeechobee County has the lowest tourist tax levy. <br />Table 6.2: O tional Tourist Taxes on Transient Rental Facilities <br />Professional <br />Additional <br />Original <br />Additional <br />Sports <br />Professional <br />Maximum <br />Total % <br />County <br />Tourist Tax <br />Tax <br />Franchise <br />Sports <br />Potential /o o <br />Levy <br />Levy <br />Facility Tax <br />Franchise Tax <br />Brevard <br />2.00% <br />1.00% <br />1.00% <br />1.00% <br />5.00% <br />5.00% <br />Indian River <br />2.00% <br />1.00% <br />1.00% <br />---------- <br />5.00% <br />4.00% <br />Martin <br />2.00% <br />1.00% <br />1.00% <br />---------- <br />5.00% <br />4.00% <br />Okeechobee <br />2.00% <br />1.00% <br />---------- <br />---------- <br />5.00% <br />3.00% <br />Palm Beach <br />2.00% <br />1.00% <br />1.00% <br />1.00% <br />6.00%* <br />5.00% <br />St. Lucie <br />2.00% <br />1.00% <br />1.00% <br />1.00% <br />5.00% <br />5.00% <br />Note: Shading indicates those counties eligible to impose a particular tax <br />*Palm Beach County is 1 out of 7 counties in the state that can also impose a 1% High Tourism Impact Tax, which it currently does not <br />levee. <br />Source: The Florida Legislature's Office of Economic and Demographic Research website: October 2014. <br />The Local Option Tourist Tax can be used for the following purposes: <br />(1) Acquire, construct, extend, enlarge, remodel, repair, improve, maintain, operate, and <br />promote one or more publicly owned and operated convention centers, such as sports <br />stadiums, coliseums, or auditoriums within the district that the tax is imposed; <br />Community Development Department Indian River County <br />Adopted , 2014, Ordinance 2014- 8 <br />