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Additional funding is also being requested in the Tourism Promotion fund. Each year, the <br />County receives funding requests that exceed the available budgeted revenues. Funding tourism <br />promotion is crucial in ensuring the County's tourism industry continues to thrive. This is an <br />eligible expense per County Code 210.03. The additional funding could allow for the <br />establishment of a contingency account to provide for mid -year opportunities in addition to an <br />increase in the annual base funding if the Board desires. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve allocating one-third (1/3) of <br />one cent towards the Beach Restoration Fund, with the remaining one-sixth (1/6) of one cent to <br />be used to fund Tourism Promotion beginning October 1, 2021. <br />ATTACHMENTS <br />Florida Statute 125.0104 <br />Indian River County Code Ch. 210 <br />Historic Dodgertown Facility Lease Agreement Agenda Item <br />182 <br />