Item 06 - JesusPantel-CAFP-Update_10-20-25.pdf — original pdf

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Hotel Occupancy Tax Update Arts Commission | October 20, 2025 Hotel Occupancy Tax – September 2025 Approved Budget Amended Budget September w/ Encumb H/MOT Penalties & Interest $584,562 $584,562 Hotel/Motel Occupancy Tax $169,317,023 $169,317,023 Total Revenue $169,901,585 $169,901,585 Transfer to Cultural Arts Fund $16,217,879 $16,217,879 $53,846 $978,315 $1,032,161 $98,571 Year-to-date w/Encumb $520,879 $161,058,087 $161,578,966 $15,430,791 • Total HOT Collections September 2025 = $978,315 • 95% of FY25 Approved Budget of $169,901,585 • Cultural Arts Fund September 2025 = $98,571 Hotel Occupancy Tax Collections – Significant Contributing Events • Austin City Limits Hall of Fame – August 1 • Central Texas Flood benefits o Resound x Mohawk – August 2 o Lyle Lovett at Heart of Texas Flood Benefit – August 12 o Band Together Texas – August 17 • Blues on the Green – August 5-6 • Zilker Summer Musical – July 11-August 16 • Abbey Lights Up COTA Gala – August 16 • PBR Gambler Days – August 22-24 • Austin Pride Parade – August 23 AUS Passenger Totals: 1,772,810 (August 2025) HOT Cultural Arts Fund – FY25 CULTURAL ARTS FUND FY 25 January February March April May June July August September October November December $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 December $60,961 November $559,306 October $2,437,899 March $169,486 February $1,108,764 June $57,730 May $1,234,509 January $2,834,689 April $2,858,334 Q1 Q2 Q3 $98,571 August $3,934,592 July $79,750 Q4 HOT Collections (FY22 – FY25) Questions? Learn More: www.austintexas.gov/acme/grants-funding