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TDT collections down slightly through March; cash balance and expenditures reported
Summary
County budget staff told the Tourist Development Council that FY25 TDT collections through March totaled $7,429,502, down about $157,502 from the same period in FY24; expenditures to date were approximately $8,140,000 and the cash balance reported was $28,600,000.
Escambia County budget staff reported the status of Tourist Development Tax collections and expenditures through March 2025 at the council’s April 15 meeting.
Senior budget analyst Jeremy Pagolegan presented the fiscal snapshot: "As of the March 2025, FY '25 collections including interest total $7,429,502. This compares to $7,587,004 in…
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