Item 08 - HOT_Update_09-22-25.pdf — original pdf

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Hotel Occupancy Tax Update Arts Commission Meeting September 22, 2025 Hotel Occupancy Tax – August 2025 Approved Budget Amended Budget August w/ Encumb Year-to-date w/Encumb Year-End Estimate Total Revenue $169,901,585 $169,901,585 $41,199,921 $160,546,805 $165,125,757 Transfer to Cultural Arts Fund $16,217,879 $16,217,879 $3,934,592 $15,332,220 $15,762,004 • Total HOT Collections August 2025 = $41,137,300 • 94% of FY25 Approved Budget of $169,901,585 • Cultural Arts Fund August 2025 = $3,934,592 C I TY O F A U S T I N Hotel Occupancy Tax Collections – Significant Contributing Events • Independence Day – July 3-4 o Texas Music Scene Independence Eve Party featuring Reckless Kelly o Austin Symphony Orchestra July 4th Concert and Fireworks o Willie Nelson's 4th of July Picnic and Fireworks • Zilker Summer Musical – July 11-August 16 • Wellness Wonderland – July 12 • Bob Bullock Birthday Bash – July 13 • Hot Summer Nights – July 18-20 • Classic Game Fest – July 25-27 AUS Passenger Totals: 2,036,077 (July 2025) 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 HOT Collections (FY22 – FY25) C I TY O F A U S T I N Questions? Arts, Culture, Music and Entertainment (ACME)