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Distribution of surtax proceeds is based on the specifics of an interlocal agreement or through a
<br />formula based on population. In Indian River County, Local Infrastructure Surtax revenue is
<br />distributed to county government and municipal governments through a formula based on
<br />population.
<br />Currently, seventeen of the sixty-seven Florida
<br />Surtax. Within Indian River County's region,
<br />Brevard, Martin, Palm Beach, and St. Lucie
<br />counties do not levy the surtax. While
<br />Okeechobee County is eligible to levy the
<br />infrastructure surtax, it instead levies a Small
<br />County Surtax of 1%. That is another local
<br />discretionary sales surtax.
<br />• Tourist Development Tax
<br />Any county in the state may, subject to a vote of
<br />the citizenry, impose a Tourist Development
<br />Tax. The transient rental trade is the primary
<br />base for the levy of the tourist tax. Any lodging
<br />agreement for six months or less is subject to the
<br />tax.
<br />counties levy a Local Government Infrastructure
<br />Figure 6.7: Tourist Development Tax
<br />Revenue
<br />$1,800
<br />$1,600
<br />$1,400
<br />$1,200
<br />$1,000
<br />$800
<br />$600
<br />$400
<br />$200
<br />$_ ,
<br />2007 2008 2009 2010 2011 2012
<br />■Revenue (in thousands)
<br />Source: Indian River County Finance Department
<br />Generally, the tourist tax levy is one or two
<br />percent. Counties, however, may set an additional one percent above the original tax through an
<br />extraordinary vote of the governing board or by referendum. Further, if a professional sports
<br />franchise facility is located within a county, an additional one to two percent tourist tax may also be
<br />levied. The first one percent professional sports franchise facility tax may be authorized by a
<br />majority vote of the governing board of the county, while the second one percent tax must be
<br />authorized by a majority plus one vote of the governing board of the county. Currently, Indian River
<br />County imposes the original two percent tourist tax, the additional one percent tax, and an additional
<br />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-five 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 counties impose the second one percent professional sports franchise 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 />Community Development Department Indian River County
<br />Adopted , 2013, Ordinance 2013- 7
<br />Source: Indian River County Finance Department
<br />Generally, the tourist tax levy is one or two
<br />percent. Counties, however, may set an additional one percent above the original tax through an
<br />extraordinary vote of the governing board or by referendum. Further, if a professional sports
<br />franchise facility is located within a county, an additional one to two percent tourist tax may also be
<br />levied. The first one percent professional sports franchise facility tax may be authorized by a
<br />majority vote of the governing board of the county, while the second one percent tax must be
<br />authorized by a majority plus one vote of the governing board of the county. Currently, Indian River
<br />County imposes the original two percent tourist tax, the additional one percent tax, and an additional
<br />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-five 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 counties impose the second one percent professional sports franchise 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 />Community Development Department Indian River County
<br />Adopted , 2013, Ordinance 2013- 7
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