Tourist Development Tax collection showed a 47.33% increase in South Walton for June 2021 compared with the previous year. Total collections for June 2021 were $9,666,342. When compared to pre-COVID collections (at 2% to eliminate issues of tax rate changes), June's TDT collection was a 38.56% increase compared to June 2019.
The Tourist Development Tax, or bed tax, is a five percent tax collected on hotels, condos, and other short-term rentals south of Choctawhatchee Bay. It is the best way to gauge visitation and demand trends in South Walton. The revenue supports tourism marketing and beach operations including cleaning and maintaining beaches, lifeguards, destination improvements, and preservation initiatives.
Tourist Development Tax collection on short-term rental accommodations north of Choctawhatchee Bay totaled $40,505.74 for June 2021.
The Tourist Development Tax, or bed tax, is a two percent tax collected on hotels, condos, and other short-term rentals. It is the best way to gauge visitation and demand trends. TDT revenues must be collected for a full year (until March 2022) before they can be spent.
The Tourist Development Tax, or bed tax, is a five percent tax collected on hotels, condos, and other short-term rentals south of Choctawhatchee Bay. It is the best way to gauge visitation and demand trends in South Walton. The revenue supports tourism marketing and beach operations including cleaning and maintaining beaches, lifeguards, destination improvements, and preservation initiatives.
Tourist Development Tax collection on short-term rental accommodations north of Choctawhatchee Bay totaled $40,505.74 for June 2021.
The Tourist Development Tax, or bed tax, is a two percent tax collected on hotels, condos, and other short-term rentals. It is the best way to gauge visitation and demand trends. TDT revenues must be collected for a full year (until March 2022) before they can be spent.