Tourist Development Council - 8.13.26

The Hillsborough County Tourist Development Council held its quarterly meeting on August 13, 2026, focusing primarily on the financial status and budget allocations related to the tourism development tax (TDT). The council reviewed revenue collections for the second and third quarters, noting a decline compared to previous years, and discussed a revised budget for fiscal year 2027 that includes a 2.5% reduction in funding to Visit Tampa Bay and reallocations among various tourism and event marketing programs. The council debated the impact of budget cuts on marketing efforts and capital projects, emphasizing the importance of maintaining Visit Tampa Bay's funding and cultural attraction capital to support tourism infrastructure. Additionally, an update was provided on the Tampa Convention Center's expansion feasibility study, highlighting the need for increased exhibit and ballroom space to remain competitive with other regional centers. The meeting concluded with a motion to approve the revised budget with provisions for mid-year adjustments based on performance and reserve fund availability.