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File #: 25-1083    Version: 1 Name:
Type: Recommendation Status: Consent Agenda
File created: 7/29/2025 In control: Convention Center
On agenda: 8/26/2025 Final action:
Title: Approval of the Tourist Development Tax Sports Incentive Committee's recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $20,000 per year, for a total of $100,000, to the Greater Orlando Sports Commission to be used as bid fees for the Easter International Cup 2026-2030 and (2) $25,000 per year, for a total of $125,000, to Greater Orlando Sports Commission to be used as bid fees for the Presidential Classic 2027-2031. (Fiscal and Operational Support Division)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Interoffice Memorandum

DATE: July 29, 2025

TO: Mayor Jerry L. Demings and County Commissioners

THROUGH: N/A

FROM: Ray Walls, Deputy Director, OCCC

CONTACT: Ray Walls

PHONE: 407-685-5684

DIVISION: Fiscal and Operational Support Division

ACTION REQUESTED:
title
Approval of the Tourist Development Tax Sports Incentive Committee's recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $20,000 per year, for a total of $100,000, to the Greater Orlando Sports Commission to be used as bid fees for the Easter International Cup 2026-2030 and (2) $25,000 per year, for a total of $125,000, to Greater Orlando Sports Commission to be used as bid fees for the Presidential Classic 2027-2031. (Fiscal and Operational Support Division)

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PROJECT: Sports Incentive Committee Funding Requests

PURPOSE: On November 1, 2016, the Board authorized consolidated sports funding under the tourist development plan for incentivizing sporting events in Orange County venues. Since 2017, Visit Orlando has provided professional assistance in evaluating sports incentive funding proposals before the Tourist Development Tax Sports Incentive Committee (SIC). Sports incentive funds are held in a separate Visit Orlando account. On October 22, 2019, the Board approved a new tourism promotion agreement pursuant to which Visit Orlando will now administer both the evaluation of proposals and enter into funding agreements with applicants after the SIC funding recommendations have been approved by the Board. On May 21, 2024, the Board approved an amendment to the 2019 agreement with Visit Orlando whereby Visit Orlando will fund up to $10 million annually for incentivizing sporting events as part of this program and allowing that amount to grow in fiscal year 2028 based on increasing Tourist Development Tax collectio...

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