promote and advertise tourism, to fund convention bureaus, or to acquire, construct, improve, maintain, operate or promote sports stadiums or sports arenas. The revenue generated from the initial two percent tax is allocated fifty percent to beach maintenance, beach restoration, beach re‑nourishment, and beach erosion control for beaches and maintenance of beach park facilities; twenty‑five percent to construction, operation and maintenance of aquatic nature centers and ancillary facilities, with activities including, but not limited to, rowing and boating; and twenty‑five percent to finance the renovation of the Ed Smith Stadium and/or the construction of a sports stadium and ancillary facilities, but under circumstances as stated in the Ordinance may be used for any other lawful use. The additional one percent is allocated twenty percent to advertising/promotion; fifty percent to beach re‑nourishment; beach restoration and beach erosion control; twenty percent to beach maintenance; and ten percent to new tourism activities, attractions and promotions. The second additional one percent is allocated one hundred percent to advertising/ promotion designed to promote tourism in Sarasota County. The additional one‑half percent is allocated one hundred percent to cultural and fine arts activities, services, venues or events. The second additional one‑half percent is allocated one hundred percent to advertising/ promotion. A maximum of three percent of the collected tax may be used to cover the cost of collecting and auditing tax payments pursuant to Florida Statutes, Section 125.0104. COMMUNICATIONS SERVICES TAX 2023 Budget: $ 7,500,000 2023 Actual: $ 8,878,490 2024 Budget: $ 8,075,000 Legal Authorization: Florida Statutes, Section 202.19; County Ordinances 00‑030 and Resolution 2001‑159. Description: The Communications Services Tax Simplification Law is intended to reform existing tax laws to provide a fair, efficient, and uniform method for taxing communications services sold in Florida. “Communication Services” means the transmission, conveyance, or routing of voice, data, audio, video, or any other information or signals, to a point, or between or among points, by or through any electronic, radio, satellite, cable, optical, microwave, or other medium or method now in existence or hereafter devised, regardless of the protocol used for such transmission or conveyance. The Local Communications Services Tax Clearing Trust Fund was created within the Department of Revenue. Proceeds from the local communications services tax levied pursuant to Florida Statutes Chapter 202.19 are deposited in the Trust Fund for distribution to municipalities and counties as provided in Florida Statutes 202.8. The communication services adopted tax rate is 4.82 percent for unincorporated Sarasota County and additional 0.60 percent for the County Surtax Conversion Rates for a total communications services tax of 5.42 percent. Uses and Restrictions: The local communications services tax is pledged to pay Bank Term Loans, Series 2014 and 2015. The remaining balance of the tax revenue can be used for any public purpose. SarasotaClerk.com 9 Main Street, Downtown Sarasota 2023 REVENUE
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