Visit St. Pete–Clearwater recommends TDT allocation changes to fund beach park facilities, capital projects
Visit St. Pete–Clearwater recommended two guideline changes to the Tourist Development Tax capital program: allow TDT for beach park facilities and require the board to set a two-year allocation before the application cycle; staff cited $15.3M per category and $30.6M total available for the two-year cycle.
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Brian Lowlack, president and CEO of Visit St. Pete–Clearwater, briefed commissioners on recommended changes to the TDT capital projects funding program that the Tourist Development Council approved last month. He said the two principal changes are allowing TDT to fund beach park facilities and requiring the board to set a specific allocation before each two-year application cycle so applicants know the available funding.
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