Evaluation Criteria and Funding Source
The Orange County Development Tax Citizen Advisory Task Force is in the final stages of its comprehensive review for the allocation of the vital Tourist Development Tax (TDT) funds. The TDT, accruing from a 6% levy on short-term lodging including hotels and rentals, amassed an impressive over $330 million in the previous year. This substantial revenue stream is earmarked for initiatives that catalyze economic growth and enhance the tourism sector of the community. Emphasizing the strategic use of these funds, Mayor Jerry Demings is a proponent of maximizing ROI, thereby benefiting the entire Orange County community. Learn more about the Task Force.
Top Candidates
Among the top contenders for this crucial funding is the Orange County Convention Center, a central pillar in the community’s economic and social fabric. This entity plays a pivotal role in driving both local and tourist engagement. Insight into the Convention Center’s Funding. Similarly, Florida Citrus Sports is in the spotlight with its ambitious proposal requesting $400 million for a comprehensive renovation of the Camping World Stadium, a project that promises to revitalize the area and boost tourism. Details on Florida Citrus Sports’ TDT Funding Request. Another key applicant, the Dr. Phillips Center for the Performing Arts, is seeking $145 million for an expansion that promises to enrich the cultural landscape of Orange County. About the Dr. Phillips Center Expansion.
Final Meeting and Recommendations
The task force is on the cusp of a significant milestone with its upcoming final meeting. Here, they will present their carefully deliberated recommendations on fund allocations to the county commissioners. This decision-making process marks a crucial juncture in determining how best to utilize the TDT funds to foster the county’s economic and cultural development.
List of Finalist Organizations
Eleven diverse organizations have emerged as finalists, each representing a unique aspect of Orange County’s rich and dynamic community. These finalists include:
- Orange County Convention Center: A cornerstone in the region’s tourism and business sectors.
- Florida Citrus Sports: Spearheading significant upgrades to the Camping World Stadium. Explore Camping World Stadium’s Future.
- Amway Center: A hub for sports and entertainment in the heart of the city.
- Dr. Phillips Center for the Performing Arts: Aiming to expand its artistic and cultural reach. Dr. Phillips Center’s Funding Goals.
- UCF Sports: Enhancing athletic facilities and programs.
- Mennello Museum of American Art: Seeking to enrich its artistic offerings.
- Orlando City Baseball Dreamers: Aiming to bring top-tier baseball experiences to the community.
- Association to Preserve the Eatonville Community: Focused on cultural preservation and community development.
- Orange County Regional History Center: Dedicated to preserving and sharing the rich history of the region.
- Association to Preserve African American Society, History, and Traditions: Committed to celebrating and educating about African American heritage.
- Orlando Urban Film Festival Foundation: Supporting the growth of local filmmakers and diverse storytelling.
