The 2020 Disaster Preparedness Sales Tax Holiday was passed by the Florida Legislature and signed into law by Governor Ron DeSantis. This sales tax holiday begins Friday, May 29, 2020, and extends through Thursday, June 4, 2020.
During this sales tax holiday period, qualifying items related to disaster preparedness are exempt from sales tax. However, the sales tax holiday does not apply to the rental or repair of any of the qualifying items. Additionally, the sales tax holiday does not apply to sales in a theme park, entertainment complex, public lodging establishment or airport.
By proclamation Sumter County joined cities and counties nationwide in marking National Economic Development Week from May 4-9, 2020 to recognize the contributions of positive economic development and explain the role of the profession in our local community.
COVID-19 is challenging how individuals, families, businesses and societies operate. We will come out of this. In the meantime, we are polling interest and ability among restaurant operators to prepare meals for delivery to those in need. This would be a paid opportunity, not a donation.
This is a statewide project, and we are looking for interest to produce meals for 1) elders that have specific nutrition needs, 2) out-of-school students, and 3) those in need in the general population.
Today, Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program to support small businesses impacted by COVID-19. The bridge loan program will provide short-term, interest-free loans to small businesses that experienced economic injury from COVID-19.
A ribbon-cutting was held today at Spring Flow Avenue, a newly constructed road just east of the I-75 and SR 44 interchange in Wildwood. This project is an excellent example of how Sumter County Economic Development, in partnership with Sumter County Public Works, Sumter County Fire Services, the City of Wildwood and a private sector landowner can partner on projects that advance public safety, enhance infrastructure availability, and spur private development.
Less Than One Month Until U.S. Households Receive 2020 Census Invitations
Between March 12 and March 20, invitations to participate in the 2020 Census will start arriving in households across the country.
“The Census Bureau is ready for the nation to respond next month,” said Census Bureau Director Dr. Steven Dillingham. “Millions of Americans are applying for 2020 Census jobs, more than 270,000 local and national organizations are engaged, and in less than 30 days the majority of U.S. households will receive an invitation to respond to help ensure that every person in the U.S. is counted.”
Some of the economic development efforts included business retention and expansion assistance, business attraction, and facilitation of infrastructure improvements that contribute to improved public safety, business efficiency, and preservation of an outstanding quality of life in our community.
Fitch Ratings for 2020 affirmed Sumter County’s Capital Improvement Revenue Bonds with an AA+ rating. Sumter County’s Issuer Default Rating (IDR) is also at AA+. Fitch also reported that less than 400 local tax-supported jurisdictions in the United States qualify for an AA+ rating. This rating reflects the county’s continued growth and diversification and maintenance of robust financial operations.
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