The Division estimates that there may be approximately 250 applicants entering the lottery. Each of the 250 applicants would pay a $400 non-refundable fee to enter the lottery, which would equal $100,000. The 34 winning lottery applicants are then required to pay the new permit award fee of $1,000 each to Broward County within 60 days after notification of award, which would equal $34,000. Total anticipated revenue would be $134,000. |