DMO VISIT FLORIDA
Partner Financial Submission
Fiscal Year 2021/2022: October 1, 2021 through September 30, 2022
Any VISIT FLORIDA partner which receives more than 50 percent of its funding from Tourist Development Taxes is required to submit financial reporting to the Governor, Senate President and Speaker of the House by July 1st.
The House staff has clarified that your DMO report should include all public and private financial data, including all itemized travel and entertainment expenditures of the partner entity (not just expenditures related to your Visit Florida partnership).
Here is the financial reporting required:
a) The total amount of revenue received from public and private sources.
b) Your operating budget.
c) Employee and board member salary and benefit details from public and private funds.
d) An itemized account of all expenditures by your DMO on the behalf of, or coordinated for the benefit of VISIT FLORIDA, its board members, or employees.
e) Itemized travel and entertainment expenditures.