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Destin council orders detailed plan for TDC funds after staff flags accounting discrepancies
Summary
Council asked staff to return with a line-item plan for the available Tourist Development Council (TDC) funds and clarity on committed awards after staff and TDC reports showed inconsistent balances; staff agreed to present a detailed plan at the next regular meeting (March 3).
Council discussion on Feb. 18 disclosed differences between the Destin Tourist Development Council's reported bank balance and the city's accounting of committed awards and obligations. City staff said TDC statements showed about $5 million in the bank but that much of that was already committed to existing…
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