Item 3.b November Hotel Occupancy Tax Update — original pdf

Backup

Hotel Occupancy Tax Update Sylnovia Holt Rabb, Deputy Director Economic Development Department November 15, 2021 C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 1 Hotel Occupancy Tax – October 2021 Hotel Occupancy Tax Fund Month Ended October 31, 2021 Approved Budget Amended Budget October w /Encumb Year-to-date w /Encumb Year-End Estimate Year-End Variance Fav(Unfav) Year-End % Variance Fav(Unfav) Tfr to Cultural Arts Fund 6,660,189 6,660,189 189,819 189,819 6,660,189 0 0.0% C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 2 Questions? C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 3