Item 07 - HOT-Update_04-20-26 — original pdf

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Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | April 20, 2026 Hotel Occupancy Tax – March 2026 Approved Budget March 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 $123,045 $2,022,944 $2,145,989 $204,942 $560,590 $80,683,327 $81,243,917 $7,758,794 • Total HOT Collections March 2026 = $2,145,989 • 49% of FY26 Approved Budget of $167,288,265 • Cultural Arts Fund March 2026 = $204,942 2 Hotel Occupancy Collections – Significant Contributing Events • Austin Marathon and Half Marathon • San Antonio Spurs at Moody Center • The ATX Open AUS Passenger Totals: 1,482,483 (February 2026) 3 HOT Cultural Arts Fund – FY26 Progress Approved Budget $15,968,425 CAF Actuals $7,758,794 4 HOT Cultural Arts Fund – Quarterly Comparison $15.65 M $15.57 M $15.34 M $12.9 M 5 Questions? 6