TDC revenues start strong

Published: Wednesday, February 20, 2013 at 02:56 PM.

The Tourist Development Council’s 2012-13 fiscal year has started off strong, if the first two months are any indication.

For the first time since Franklin County’s two-cent bed tax was first put into place in 2005, the county’s annual tourist tax revenue passed the $50,000 mark for an October, the first month of the fiscal year.

The take for Oct. 2012 was $53,543, a jump of $5,160 from the year before, or a 10.67 percent climb.

Following that, in Nov. 2012, the revenue was $40,334, nearly $5,900 more than the year before and an even better 17.1 percent improvement. This marked the first time that November’s numbers, typically in the $20,000 to $30,000 range, eclipsed the $40,000 mark.

The numbers for December have not yet arrived from the state. Revenue for December is typically the lowest of all the months, and has averaged around the $20,000 mark, only about one-seventh of the three busy summer months, May, June and July.

At the present pace, the TDC could see its first $1 million year for bed tax revenue.

The county’s overnight accommodations last year generated a little more than $916,000, about $113,000 more than the previous year.



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