Item 04 - HOT-Update_Oct2026_AC.pdf — original pdf

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Hotel Occupancy Tax Update Austin Arts, Culture, Music and Entertainment | October 16, 2026 Hotel Occupancy Tax – September 2026 Approved Budget September 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 $19,027 $387,821 $406,848 $38,854 $814,970 $172,916,688 $173,324,810 $16,592,241 • Total HOT Collections September 2026 = $406,848 4% above FY26 Approved Budget of $167,288,265 • • Cultural Arts Fund September 2026 = $38,854 • 4% above FY26 Approved Budget of $15,968,425 2 Hotel Occupancy Collections – Significant Contributing Events • Austin Pride Parade & Festival • Zilker Summer Musical • The Drop-In, a Levitt VIBE Austin Music Series, powered by KUTX AUS Passenger arrivals: 874,638 (Aug 2026) 3 HOT Cultural Arts Fund – Quarterly Comparison $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $15.65 M $15.57 M $15.34 M $12.9 M $3,967,678 $4,181,190 $4,014,342 $16.59 M $4,303,843 $4,317,350 $3,112,547 $4,298,427 $4,045,329 $4,150,573 $4,529,604 $3,982,424 $4,075,609 $4,112,939 $4,397,401 Q4 (July, Aug, Sept) Q3 (April, May, June) Q2 (Jan, Feb, Mar) Q1 (Oct, Nov, Dec) $4,000,000 $3,066,137 $2,000,000 $0 $2,374,915 $3,398,832 $3,266,808 $3,058,166 $3,361,392 FY22 FY23 FY24 FY25 FY26 4 Questions? 5