What’s Happening: January 11, 2016

TOP STORY: RECORD TOURIST-RELATED TAX COLLECTIONS
During the months of January – November 2015, Miami-Dade County’s reported collections for the 3% Convention Development Tax (CDT) collections for Greater Miami (excluding Bal Harbour and Surfside) showed an increase of 9.5% compared to the same time last year, while the 2% Tourist Development Tax (TDT) for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 8.4% 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 8.1% compared to the same time last year.

Record January – November Miami-Dade County Tax Collections

3% Convention Development Tax

January – November 2015

January – November 2014

% Change vs. 2014

$70,984,011

$64,837,458

+9.5%

2% Tourist Development Tax

January – November 2015

January – November 2014

% Change vs. 2014

$23,788,345

$21,935,717

+8.4%

2% Hotel Food & Beverage Tax

January – November 2015

January – November 2014

% Change vs. 2014

$7,291,576

$6,747,254

+8.1%

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