Orange County, FL

08/06/2024 | Press release | Distributed by Public on 08/06/2024 13:05

Statement from Orange County Mayor Jerry L. Demings | August 6, 2024

Statement from Orange County Mayor Jerry L. Demings | August 6, 2024

For the second month in a row, we received outstanding news from Comptroller Diamond regarding Tourist Development Tax (TDT) collections. For June 2024, we received more than $30.5 million which is a 1.7% increase over June 2023 and a 7.6% increase over the May 2024 collections. In fact, June 2024 is the second highest June since the beginning of the TDT, bested only by June 2022 when travel bounced back following COVID.

At the Orange County Convention Center, AAU Volleyball numbers were strong throughout June and into July, which helped strengthen the totals. So far, this trend suggests that TDT will be at a similar place as last year when yearly collections set a record of $359 million.

On the TDT reserves side, there was an increase by $12.7 million in June, and currently total more than $408 million. Reserves funding is what helps us reinvest in community projects and programs to benefit residents and visitors such as community venues, cultural arts, and the Convention Center.

- Jerry L. Demings, Orange County Mayor