Tourist Development Tax is levied by the Board of County Commissioners and is administered by the Orange County Comptroller’s Office. Expenditures for the first four cents are limited by Florida Statutes to the acquisition and operation of convention centers, sports stadiums and arenas, auditoriums and museums, promotion and/or advertisement of tourism and funding of tourist and convention bureaus and tourist information centers. Expenditures for the fifth cent are limited by Florida Statutes to pay the debt service on bonds issued to finance the construction, reconstruction, or renovation of a professional sports franchise facility or subsequently a convention center or promote and advertise tourism. Expenditures for the sixth cent are limited by Florida Statutes to pay the debt service on bonds issued to finance the construction, reconstruction, or renovation of a new professional sports franchise facility or a retained spring training franchise that was not based in Florida prior to April 1, 1987.