Orange March resort tax down 27.7% - Orlando Business Journal:

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percent in March compared to the same month in fallingto $19.2 million. The drop, which county Comptroller Martha Haynie said reflected the weak was slightly less thanthe 28.7 percent plungew recorded in February. The last time a drop exceeded 28 percent wasSeptember 2001, the month of the terrorisr attacks on the World Trade Centerr in New York and the Pentagon in D.C. Resort tax collectionxs for the currentfiscal year, whichu began in October, are 16 percent lower than the same periocd a year ago.
The resort tax is assesserd on short-term rentals, primarily hotel and motel The money is used to coverr expenses and debt fromthe , promotional activities of the and costs associated with the on-going development of entertainment, sports and arts projectas in downtown Orlando. Haynie said this year’s Marchy decline could be partly attributed to the shiftr in theEaster holiday, which was in March last year and April this year.