Orlando's $400 Million Tourism Tax Record May Be a Peak
Funding for roads, the convention center, and visitor marketing in Orlando will decrease if visitor numbers decline. Orlando collected nearly $400 million in tourism tax revenue last year, a record. This revenue stream funds the region's infrastructure and promotion. Global conflict and rising energy costs create economic uncertainty. Rising fuel costs reduce the amount of consumers spend on vacations. A drop in visitors to Orlando will shrink the tourism tax revenue available for those projects.
More Briefs
Harrison Ford’s Social Security Check Is Nearly Double the Average — Here’s Why His Lifetime Earnings Don’t Matter as Much as Timing
Apr 12Financial literacy does not guarantee financial wellness
Apr 12The Price of Residency in Six Tax-Competitive Jurisdictions
Apr 12Higher yield, more risk: IGSB trades safety for income against BSV