Item 05 - JesusPantel-HOT-Update_11-17-25.pdf — original pdf

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Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | November 17, 2025 Hotel Occupancy Tax – October 2025 Approved Budget Amended Budget H/MOT Penalties & Interest $511,252 $511,252 Hotel/Motel Occupancy Tax $166,777,013 $166,777,013 Total Revenue $167,288,265 $167,288,265 Transfer to Cultural Arts Fund $15,968,425 $15,968,425 October w/ Encumb $39,883 $27,915, 677 $27,955,560 $2,669,756 Year-to-date w/Encumb $39,883 $27,915,677 $27,955,560 $2,669,756 • Total HOT Collections October 2025 = $27,915,677 • 17% of FY26 Approved Budget of $167,288,265 • Cultural Arts Fund October 2025 = $2,669,756 2 Hotel Occupancy Collections – Significant Contributing Events • Zilker Relays – September 5 • Austin Chronicle Hot Sauce Festival – September 7 • Fall Pecan Street Festival – September 13-14 • Austin Museum Day – September 21 • Fantastic Fest – September 18-25 • HAAM Benefit Day – September 23 AUS Passenger Totals: 1,729,398 (September 2025) 3 HOT Cultural Arts Fund – FY26 4 Questions? 5