For the first time, Sarasota County’s Tourist Development Tax (TDT)—also known as "bed tax"—revenue has topped $30 million in a fiscal year.
The 2021 TDT numbers for those months, Oct. 1, 2020, through Sept. 30, 2021, show the total revenue collected by Sarasota County was $30,956,783.90. That's almost $10 million more than in fiscal year 2020—and a 32.4 percent jump from 2019's revenue of $23,380,566.92.
The most TDT revenue was collected was March, which saw more than $4 million. April and February trailed closely behind at more than $3 million each. The quietest month was October, which took in roughly $1.2 million.
Unruffled by red tide and a spike in summer Covid hospitalizations, the biggest gains over 2019 were seen in June and July of this year, indicating that previously sleepy summers may be a thing of the past. June 2019 saw $1,832,293.39 in TDT compared to $3,232,382.69 this year, a roughly 76 percent increase. TDT in July increased by almost 90 percent over 2019, from $1,753,072.31 to $3,321,663.69 this year.