What’s Happening: December 7, 2015

TOP STORY: RECORD TOURIST-RELATED TAX COLLECTIONS
During the month of October 2015, Miami-Dade County’s reported collections for the 2% Tourist Development Tax (TDT) for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 18.3% compared to the same time in 2014; the 2% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 15.1% compared to the same time in 2014, while the 3% Convention Development Tax (CDT) collections for Greater Miami (excluding Bal Harbour and Surfside) showed an increase of 12.4% compared to the same time last year.

Record October Miami-Dade County Tax Collections

2% Tourist Development Tax

October 2015

October 2014

% Change vs. 2014

$1,815,296

$1,534,264

+18.3%

2% Hotel Food & Beverage Tax

October 2015

October 2014

% Change vs. 2014

$652,914

$567,150

+15.1%

3% Convention Development Tax

October 2015

October 2014

% Change vs. 2014

$5,131,174

$4,564,329

+12.4%

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