Tourist Development Tax (TDT) Capital Challenge Grant
The Tourist Development Tax (TDT) is a local sales tax, authorized and governed by Florida Statute 125.0104. In 1980, Broward County Ordinance #80-70 authorized the Board of County Commissioners to levy and impose a two percent (2%) TDT. Periodically, Broward County receives requests for financial assistance from local municipalities or NPOs to support capital projects using proceeds from this tax. If an applicant is seeking capital funds and is otherwise ineligible under the County’s existing Cultural Division Grants Program solicitations, the following guidance must be followed.
What may be funded:
(A) Project funds may be used to acquire, construct, extend, enlarge, remodel, repair, improve, or maintain tourist-oriented facilities, including convention centers, sports stadiums, sports arenas, coliseums, auditoriums, aquariums, or museums that are publicly owned and operated, or owned and operated by non-profit organizations (NPOs) and open to the public, within the boundaries of Broward County. (B) Applicants must demonstrate how the projects will enhance Broward County as a tourist destination and thereby generate hotel and motel (lodging) “bed nights”. (C) The maximum amount award may not exceed $500,000. (D) Applicants must provide matching funds via cash contributions in a minimum ratio of 2:1. (e) Project timelines may not exceed three (3) years from notification of award from the County. See guidelines for specific application and reporting requirements.
Who May Apply:
(A)(1) Must be a not-for-profit organization qualified to do business in Florida. (2) Which is has tax-exempt status under Section 501(c) subsections (3), (4), (5), (6) or (7) of the Internal Revenue Code. (3) A copy of the most recent IRS determination letter must accompany the application, to confirm tax-exempt status. (4) Which has a governing board which meets regularly and operates under a set of bylaws, and has fifty percent (50%) of governing board members residing in Broward County (5) Which must have a bank checking account confirmed at the time of application. (6) Whose principal office address, as recorded in the Secretary of State's Office, is in Broward County with a minimum of one (1) full-time staff position in that office. (B) A public entity located primarily in Broward County, which is a municipality, state government agency, or political subdivision of state government, or sovereign Native American Nation; however, evidence of impact on countywide tourism and economic development must be demonstrable. (C) Applicants may not have received TDT Capital Challenge Grant funding from Broward County in the previous five (5) years. (D) A consortium or alliance or organizations may apply for a challenge incentive; however, all members of the consortium or alliance must meet all eligibility requirements. One (1) organization must be the lead applicant. (E) An applicant can receive only one (1) TDT Capital Challenge Grant award during any five-year period and never again for the same project.
Matching Funds: Applicants must provide matching funds via cash contributions in a minimum ratio of 2:1
Award Size: The maximum amount award may not exceed $500,000
Application Deadline: Eligible entities seeking funding under TDT-CCGP must submit a completed application between December 1st and February 15th of each year, to the Broward County Cultural Division
Forms and Links (to be provided)
· Guidelines (PDF)
· Instructions for Applying (PDF)
· 2015 Financial Form (XLS)