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Walton County tourism tax receipts outpace spending; unencumbered reserves total $40.6 million
Summary
County tourism director reported combined collections and reserves for August–November 2024, noting reporting adjustments after a Clerk of Court tax-portal transition and asking the council to approve financial statements.
The Walton County Tourist Development Council heard an overview of transient rental (TDT/TOT) collections for August through November 2024, with total revenue for that combined period reported at $16,785,520.
The county’s Office of Management and Budget reported that August and September receipts were $10,742,881 and October and November totaled $6,042,638, with South Walton District receipts of $5,364,516 for the same…
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