Item 05 — original pdf

Backup

Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | May 18, 2026 Hotel Occupancy Tax – April 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 April $59,170 $37,613,046 $37,672,216 $3,598,544 Year-to-date $619,760 $118,296,373 $118,916,133 $11,357,339 • Total HOT Collections April 2026 = $37,672,216 • 71% of FY26 Approved Budget of $167,288,265 • Cultural Arts Fund April 2026 = $3,598,544 2 HOT Short-term Rentals (STR)  $10.6 million collected so far in 2026 3 Hotel Occupancy Collections – Significant Contributing Events • SXSW • Rodeo Austin • MotoGP Grand Prix • Foodieland Food Festival AUS Passenger Totals: 1,972,346 (March 2026) 4 HOT Cultural Arts Fund – FY26 Progress Approved Budget $15,968,425 CAF Actuals $11,357,337 5 HOT Cultural Arts Fund – Quarterly Comparison $15.65 M $15.57 M $15.34 M $12.9 M 6 HOT Cultural Arts Fund – COVID Comparison 7 Questions? 8