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Tourism Development Authority to approve budget June 4

Ocracoke village. Photo: P. Vankevich

The Ocracoke Tourism Development Authority will meet at 11:30 a.m. Tuesday, June 4, in the Ocracoke Community Center to approve the 2019-2020 budget.  A hearing on the proposed budget (see graphic below) will precede the regular meeting.

The TDA funds the majority of island marketing through an agreement with the Ocracoke Civic & Business Association (OCBA).

The agenda is as follows:

Ocracoke Tourism Development Authority Board meeting
Tuesday, June 4, 2019, 11:30 am in the Ocracoke Community Center

Call to order Public Hearing meeting
-Take public comments about budget
-Discuss comments as needed
-Close meeting

Call to order Regular Meeting
-Approve minutes of May 6, 2019, meeting
-Discuss hearing comments as needed
-Vote on budget
-Approve final version of OCBA/TDA contract
-Discussion about OCBA/TDA future relationship and job responsibilities
-Schedule 2019 meeting dates
Adjourn

Ocracoke visitors who purchase lodging of any kind pay an additional 5 percent on top of sales tax. Those revenues are divided between the TDA, which manages 2 percent of that total, and the Ocracoke Occupancy Tax, for which a volunteer board recommends expenditures from 3 percent of that total.  Hyde County takes 10 percent of the 3 percent collected, and 3 percent of the 2 percent collected to administer the funds.

The TDA, established in 2017, is an autonomous body who, by law, must spend two thirds of their revenues on tourism promotion. The Occupancy Tax board recommends disbursements to nonprofit groups for “any legal purpose,” and its recommendations have to be approved by the Hyde County Commissioners.