In Okeechobee the Board of County Commissioners passed an ordinance that would levy a tax called the Tourist Development Tax. The Tourist Development Tax is a 3% levy falling primarily on tourists, travelers and short term transient rentals of hotels, motels, room rentals and certain other short term accommodation rentals. This is most commonly called a Bed Tax. This is the sole funding source for Okeechobee Tourist Development Council. Since 1992 the tax revenues have seen a gradual increase each year. This funding has specific requirements that must be upheld by the Tourist Development Council. Spending requirements are listed in Florida State Statute 125.0104.
Click here to view an informational video that explains in more detail the Tourist Development Tax.
Click here for a presentation on the Tourist Development Tax