Lack of Commitment, Communication Creates HOT Mess Between Austin And Travis County

Friday, Aug. 9, 2:03 a.m.: This story has been updated to include City Council action and discussion. Thursday, Aug, 8, 11:50a: This story has been updated to include discussion between city and county leaders. With an additional annual revenue stream estimated at $21 million in its sights, Austin City Council voted Aug. 9 to increase the city tax on all hotel stays within city limits from 7% to 9%. Now approved, Austin Mayor Steve Adler said the city will immediately begin banking 70% of that revenue stream—roughly $14.7 million annually—to help pay off a potential $1.3 billion expansion of the Neal K. Kocurek Austin Convention Center. The expansion was supported unanimously by City Council but remains in the air due to a citizen petition aimed at blocking it. The remaining 30% would fund cultural arts and historic preservation budgets. Hotel occupancy taxes, known as HOT, or hotel taxes, are taxes levied on hotel guests. Click to read more at www.communityimpact.com.