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CONSENT AGENDA <br />INDIAN RIVER COUNTY <br />INTER -OFFICE MEMORANDUM. <br />OFFICE OF MANAGEMENT & BUDGET <br />TO: Members of the Board of County Commissioners <br />DATE: June 24, 2019 <br />THROUGH: Jason E. Brown, County Administrator <br />FROM: Kristin Daniels, Director, Management & Budget <br />SUBJECT: TDC 2019/2020 BUDGET RECOMMENDATIONS <br />DESCRIPTION AND CONDITIONS <br />On June 19, 2019, the Tourist Development Council (TDC) reviewed budget requests for fiscal <br />year 2019/2020 to be paid from the Tourist Tax revenue. The budget requests are listed in the <br />table below. File copies of the applications for each agency are available in the Board of <br />Commissioners office for review. <br />Table 1 <br />TOURIST DEVELOPMENT COUNCIL AGENCY REQUESTS <br />Fiscal Year 2019/2020 Funding Applications <br />Organization <br />2018/2019 <br />Funding <br />2019/2020 <br />Request <br />Increase <br />(Decrease) <br />% Increase <br />(Decrease) <br />Indian River County Chamber <br />of Commerce & Sebastian <br />Chamber of Commerce <br />$468,147 <br />$518,147 <br />$50,000 <br />10.7% <br />Sebastian River Area Chamber <br />of Commerce <br />$98,729 <br />$165,002 <br />$66,273 <br />67.1% <br />Cultural Council <br />$75,000 <br />$75,000 <br />$0 <br />0% <br />Historical Society <br />$32,000 <br />$32,000 <br />$0 <br />0%. <br />Treasure Coast Sports <br />Commission <br />$200,000 <br />$210,000 <br />$10,000: <br />5% <br />Vero Heritage <br />$20,000 <br />$24,000 <br />$4,000 <br />20% <br />Chamber of Commerce Special <br />Project <br />$25,000 <br />$0 <br />($25,000) <br />° <br />(100.0 /o) <br />Reserve for Contingencies <br />$4,574 <br />$0 <br />($4,574) <br />(100.0%) <br />Sub Total <br />$923,450 <br />$1,024,149 <br />$100,699 <br />10.9% <br />Historic Dodgertown <br />$75,000 <br />$0 <br />($75,000) <br />(100.0%) <br />Grand Total <br />$998,450 <br />$1,024,149 <br />$25,699 <br />2.6% <br />F:\Budget\Carol\Tourist Tax\Tourist Tax 1920\1920 AgendaItemTDCBudRecomm.doc <br />72 <br />