Item 10 - HOT_Update_03-23-26.pdf — original pdf

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Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | March 23, 2026 Hotel Occupancy Tax – February 2026 H/MOT Penalties & Interest Hotel/Motel Occupancy Tax Total Revenue Approved Budget $511,252 $166,777,013 $167,288,265 Transfer to Cultural Arts Fund $15,968,425 January $126,055 $14,502,127 $14,628,182 $1,396,991 Year-to-date $437,545 $78,660,383 $79,097,928 $7,553,852 • Total HOT Collections February 2026 = $14,628,182 • 47% of FY26 Approved Budget of $167,288,265 • Cultural Arts Fund February 2026 = $1,396,991 2 Hotel Occupancy Collections – Significant Contributing Events • Austin Free Week • STOMP • FronteraFest • Spurs Austin International Half Marathon • Time Travel Half Marathon • Mark Morris Dance Group • The Best of Steve Martin & Martin Short • Jo's Annual Chili Cookoff AUS Passenger Totals: 1,888,492 (December 2025) 3 HOT Cultural Arts Fund – FY26 Progress Approved Budget $15,968,425 CAF Actuals $7,553,852 4 HOT Cultural Arts Fund – Quarterly Comparison $15.65 M $15.57 M $15.34 M $12.9 M 5 Questions? 6