Backup — original pdf

Backup

Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | December 15, 2025 Hotel Occupancy Tax – November 2025 Approved Budget November Year-to-date H/MOT Penalties & Interest Hotel/Motel Occupancy Tax Total Revenue $511,252 $166,777,013 $167,288,265 Transfer to Cultural Arts Fund $15,968,425 $107,002 $6,452,814 $6,559,815 $627,810 $146,884 $34,368,491 $34,515,375 $3,297,566 • Total HOT Collections November 2025 = $6,559,815 • 21% of FY26 Approved Budget of $167,288,265 • Cultural Arts Fund November 2025 = $627,810 2 Hotel Occupancy Collections – Significant Contributing Events • Austin City Limits Music Festival (Oct 3-5, Oct 10-12) • Austin Oktoberfest (October 11) • Formula 1 Unites States Grant Prix at Circuit of the Americas (October 17-19) • Austin Film Festival (October 23 – 30) AUS Passenger Totals: 2,086,037 (October 2025) 3 HOT Cultural Arts Fund – FY26 Progress Approved Budget $15,968,425 CAF Actuals $3,297,566 4 HOT Cultural Arts Fund – Quarterly Comparison $15.65 M $15.57 M $15.34 M $12.9 M 5 Questions? 6