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Last Stand Calls for "Bricks and Mortar" Bed-tax Restoration

Following the tragic events of 9/11/01, the Monroe County Commission took the emergency step of re-allocating some of the TDC ("bed-tax") money from Capital Expenditures to an "emergency" advertising campaign, anticipating a post-9/11 slump in tourism.  That action undid, supposedly only temporarily, a positive step the BOCC had taken in 1999 to increase the amount of bed-tax revenues going to "bricks and mortar" projects such as renovation of museums, parks, beaches, and for supporting the arts and cultural community.

The dip in tourism was very short-lived, and bed-tax collection is now higher than ever.  The "emergency" is obviously over, and it is time to restore the temporarily-diverted Capital Expenditure funding.  The board of directors of Last Stand on March 15 voted to send the following letter to the Monroe County Board of County Commissioners:

 
   

March 15, 2004

 

Dear Commissioner ________:

 

            In 1999 the Board of County Commissioners, in its wisdom, saw fit to increase the percentage of Bed Tax funds used for Capital Expenditures (commonly referred to as "Bricks and Mortar") from 10% of available funds to 30% of available funds.

 

            This increase allowed an important new influx of cash into renovation of museums, parks, beaches, the arts community and many other projects which improve and protect the tourism "product" of Key West and the Florida Keys:  the natural and man-made environment that tourists come here to share and appreciate.

 

             In late 2001, after the 9/11 tragedy, there was a slight downturn in Bed Tax collections for two consecutive months.  This triggered a clause in the local ordinance that allowed the BOCC to take two actions in early 2002:

 

  1. The reduction of the Capital Expenditures Fund percentage from 30% to 25%.

    

  1. The transfer of $500,000 in Capital Expenditures Fund monies to an

    "emergency" advertising fund that was to be spent immediately to help "save the

     season".         

            It became clear during the rest of 2002 that Bed Tax revenues were not going to plummet.  The following year, 2003, was a good year, among the highest three seasons historically.  At this time, we are once again setting records for Bed Tax collection.

 

            Last Stand is hereby asking the BOCC to restore the Capital Expenditure Fund percentage to the 30% level approved in 1999, and to also restore the $500,000 transferred from the fund for emergency advertising.

 

            It is obvious that the increase in monies approved in 1999 for Bricks and Mortar projects has not hurt tourism in the Florida Keys.  In fact, we believe it may be improving tourism in the short run, and is certainly improving our chances for sustained tourism in the long run.

 

            These projects have enhanced and expanded facilities used on a daily basis by tourists, and have raised the overall image of our islands.  They are a positive step to slow and reverse the negative impacts that can sometimes accompany tourism.

 

             Thank you for your time and consideration of this important issue and, if Last Stand can be of any assistance with this matter, please feel free to contact me.

 

Sincerely,

 

[signed]

Amy Lachat Lynch

President

           

PO Box 146, Key West, FL 33041  

 

 

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