TOURIST DEVELOPMENT TAX UPDATE



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TOURIST DEVELOPMENT TAX UPDATE COUNTY: Pinellas Address: 14450 46th Street North, Suite 108 Clearwater, Florida 33762 ORGANIZATION NAME: St. Petersburg/Clearwater Area Convention & Visitors Bureau Telephone Number: (727) 464-7200 Chairman: Carole Ketterhagen, Executive Director Contact Person: Mr. Lee Daniel, Assistant Director Fax Number: (727) 464-7222 TYPE OF TAX ORDINANCE NUMBERS EFFECTIVE DATE TYPE OF ACTION PERCENT AREA WHERE TAX IS Local Option Tourist Tax 78-20 82-19 11/01/78 Initial Levy Not on file with DOR 2.00% 88-14 07/01/88 Increased Levy 1.00% 90-15 10/01/90 Began Self-Collection 95-35 01/01/96 Increased Levy 1.00% Total Levy: 4.00%

TOTAL AMOUNT OF COUNTY: Pinellas TYPE OF TAX: Local Option Tourist Tax BY 1993/94 $8,865,900 [$8,767,500] 3.00% 44.7% - Marketing (Promotion & Advertising) 4.1% - Convention & Visitors Bureau Tourism Office 19.5% - Sports Arena 12.0% - Beach Improvement 19.7% - Reserve/Tax Collection 1994/95 $9,409,200 [$8,700,300] 3.00% 46.1% - Marketing (Promotion & Advertising) 4.9% - Convention & Visitors Bureau Tourism Office 22.5% - Sports Arena 12.3% - Beach Improvement 14.2% - Reserve/Tax Collection

TOTAL AMOUNT OF COUNTY: Pinellas TYPE OF TAX: Local Option Tourist Tax BY 1995/96 [$11,156,187] 3.00% 10/12/1995 4.00% 12/09/1996 49.9% - Marketing (Promotion & Advertising) 4.0% - Convention & Visitors Bureau Tourism Office 29.0% - Sports Arena 12.0% - Beach Improvement 10.0% - Reserve/Tax Collection 1996/97 $14,185,258 [$13,620,956] 4.00% 43.5% - Marketing (Promotion & Advertising) 5.3% - Convention & Visitors Bureau Tourism Office 32.5% - Sports Arena 11.7% - Beach Improvement 7.0% - Reserve/Tax Collection

TOTAL AMOUNT OF COUNTY: Pinellas TYPE OF TAX: Local Option Tourist Tax BY 1997/98 $15,249,100 [$14,897,676] 4.00% 43.7% - Marketing (Promotion & Advertising) 4.8% - Convention & Visitors Bureau Tourism Office 29.0% - Sports Arena 11.3% - Beach Improvement 11.2% - Reserve/Tax Collection 1998/99 $16,096,400 [$15,438,681] 4.00% 40.7% - Marketing (Promotion & Advertising) 8.3% - Convention & Visitors Bureau Tourism Office 26.4% - Sports Arena 11.0% - Beach Improvement 14.3% - Reserve/Tax Collection

TOTAL AMOUNT OF COUNTY: Pinellas TYPE OF TAX: Local Option Tourist Tax BY 1999/00 $17,706,000 Estimated [$16,842,641] 4.00% 42.8% - Marketing (Promotion & Advertising) 9.9% - Convention & Visitors Bureau Tourism Office 20.5% - Sports Arena 10.8% - Beach Improvement 16.0% - Reserve/Tax Collection