Agenda 10/26/2021 Item #16F 3 (Tourist Development Funds Budget Amendments)16.F.3
10/26/2021
EXECUTIVE SUMMARY
Recommendation to authorize FY 2021 budget amendments to transfer funds, in the
amount of $65,000, within Tourist Development Funds (183), (195) and (758) to fund
transfers to the Tax Collector for administrative fees related to the collection of tourist
development tax revenues.
OBJECTIVE: Obtain Board authorization for a FY 2021 budget amendment in the amount of $65,000
within Tourist Development Funds (183), (195) and (758) to fund FY 2021 transfers to the Tax Collector
related to higher than anticipated tourist development tax revenues.
CONSIDERATIONS: In accordance with Collier County Ordinance No. 2017-35, Tourist Development
Tax (Lodging Tax), the Collier County Tax Collector is provided a negotiated fee for administrative costs
related to the collection of tourist development tax revenues, this fee is currently 2% of gross revenues.
Due to higher than anticipated collection of tourist development tax revenues in FY 2021 budget
amendments are required to transfer funding from Fund (183), (195) and (758) reserves to fund associated
administrative fees for FY 2021.
Section 129.06 (2) of the Florida State Statutes provides the board the authority to amend a prior fiscal
year's budget within the first 60 days of the new fiscal year.
FISCAL IMPACT: Funds in the amount of $5,000, $50,000, and $10,000 are available within Tourist
Development Funds (183), (195) and (758) reserves respectively. Funds will be transferred to cover FY
2021 Tax Collector administrative fees.
GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this
request.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal
issues and requires majority vote for approval. -JAK
RECOMMENDATION: That the Board of County Commissioners authorize FY 2021 budget
amendments within Tourist Development Funds (183), (195) and (758) to transfer reserves to
fund transfers to the Tax Collector for administrative fees related to the collection of tourist
development tax revenues.
PREPARED BY: Christopher Johnson, Manger Financial Operations Support, OMB
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16.F.3
10/26/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.17.3
Doe ID: 20343
Item Summary: Recommendation to authorize FY 2021 budget amendments to transfer funds, in
the amount of $65,000, within Tourist Development Funds (183), (195) and (758) to fund transfers to the
Tax Collector for administrative fees related to the collection of tourist development tax revenues.
Meeting Date: 10/26/2021
Prepared by:
Title: — Office of Management and Budget
Name: Debra Windsor
10/ 12/2021 9:26 AM
Submitted by:
Title: Director - Facilities Maangement — Facilities Management
Name: Ed Finn
10/12/2021 9:26 AM
Approved By:
Review:
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review
Office of Management and Budget Susan Usher Additional Reviewer
Growth Management Operations Support Christopher Johnson
County Manager's Office Sean Callahan Level 4 County Manager Review
Board of County Commissioners Geoffrey Willig Meeting Pending
Completed
10/12/2021 9:26 AM
Completed
10/13/2021 2:34 PM
Completed
10/14/2021 8:22 AM
Additional Reviewer Completed
Completed
10/19/2021 8:23 AM
10/26/2021 9:00
AM
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