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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: May 21, 2025 <br />THROUGH: John A. Titkanich Jr., County Administrator <br />FROM: Kristin Daniels, Director, Office of Management & Budget <br />SUBJECT: Tourist Development Council 2025/2026 Budget Recommendations <br />DESCRIPTION AND CONDITIONS <br />On May 21, 2025, the Tourist Development Council (TDC) reviewed budget requests for fiscal <br />year 2025/2026 to be paid from Tourist Tax revenues. The budget requests are listed in the table <br />below. File copies of the applications for each agency are available in the Budget Office for <br />review. <br />Table 1 <br />TOURIST DEVELOPMENT COUNCIL AGENCY REQUESTS <br />Fiscal Year 2025/2026 Funding Applications <br />Organization <br />2024/2025 <br />Funding <br />2025/2026 <br />Re uest <br />Increase <br />Decrease <br />% Increase <br />Decrease <br />Indian River County Chamber <br />of Commerce <br />$926,748 <br />$1,200,138 <br />$273,390 <br />29.5% <br />Sebastian River Area Chamber <br />of Commerce <br />$252,143 <br />$288,730 <br />$36,587 <br />14.5% <br />Cultural Council <br />$40,000 <br />$55,000 <br />$15,000 <br />37.5% <br />Historical Society <br />$45,000 <br />$50,000 <br />$5,000 <br />11.1% <br />Treasure Coast Sports <br />Commission <br />$291,000 <br />$300,000 <br />$9,000 <br />3.1% <br />Vero Heritage <br />$30,600 <br />$33,200 <br />$2,600 <br />8.5% <br />Coastal Connections <br />$11,000 <br />$20,000 <br />$9,000 <br />81.8% <br />Vero Beach Art Club <br />$0 <br />$10,000 <br />$10,000 <br />n/a <br />Sub Total <br />$1,596,491 <br />$1,957,068 <br />$360,577 <br />22.606 <br />Reserve for Contingency <br />$386,728 <br />$140,889 <br />$245,839 <br />-63.6% <br />Grand Total <br />$1,983,219 <br />$2,097,957 <br />$114,738 <br />5.8% <br />108 <br />