Item 06 - HOT_ Update_2-24-25_v2.pdf — original pdf

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Hotel Occupancy Tax Update Arts Commission Meeting February 24, 2025 Hotel Occupancy Tax – January 2025 • Total HOT Collections January 2025 = $29,682,604 • 36% of FY25 Approved Budget of $169,901,585 • Cultural Arts Fund January 2025 = $2,834,604 C I TY O F A U S T I N HOT Cultural Arts Fund - FY25 C I TY O F A U S T I N Approved Budget for FY25: $16,217,879 FY25 HOT Cultural Arts Fund to date: $5,892,855 HOT Collections (FY22 – FY25) C I TY O F A U S T I N Questions? C I TY O F A U S T I N