Panama Town Beach tourism development tax district could be expanded

Panama Town Beach tourism development tax district could be expanded

PANAMA Metropolis BEACH  — Breakfast Point East quickly may come to be part of the Panama Town Seaside Vacationer Progress Council’s taxing district.

For the duration of a TDC meeting final week, officials agreed to talk to the Bay County Commission to look at growing the TDC’s taxing district to involve land in the unincorporated portion of Bay County that surrounds the Panama City Seashore Sports Complicated.   

That would let the group obtain a 5% mattress tax at the approaching Homewood Suites by Hilton, as perfectly as any foreseeable future housing complexes or motels formulated by the St. Joe Company in the area. 

“The Panama City Beach Sports Park has been a catalyst for further enhancement on the east close of Panama City Seashore,” Phil Chester, a member of the TDC and Panama City Seaside Town Council, wrote in an electronic mail. “It is significant that the lodges and vacation rentals that will be made in Breakfast Position East are bundled in the vacationer progress taxing district to aid fund all of the TDC’s things to do.”

Extra:COVID-19 devastated Panama City Beach front bed tax collections

Those activities include beach renourishment initiatives, aiding public safety and advertising Panama Metropolis Seashore to its thousands and thousands of annual holidaymakers, Chester additional.