Posting Language
Title
Conduct a public hearing related to the proposed Fiscal Year 2026-2027 assessment for the Austin Tourism Public Improvement District and consider an ordinance approving the Fiscal Year 2026-2027 service plan for the Austin Tourism Public Improvement District, composed of hotels with one hundred or more rooms, levying the Fiscal Year 2026-2027 special assessment on the properties in the district and establishing the method of assessment to enhance services and undertake improvements, including activities related to marketing, business recruitment, and promotion for the district. Funding: $27,670,344 is projected to be available for Fiscal Year 2026-2027 in the Austin Tourism Public Improvement Fund from district assessments to transfer to the Austin Tourism Public Improvement District for district expenditures. For Fiscal Year 2026-2027, the Austin Tourism Public Improvement District is projected to allocate $5,534,069 in revenue the City would be eligible to receive under the Austin Tourism Public Improvement District Service Plan in exchange for providing benefits to the district. Actual revenue is dependent on the eligible activities that will occur under the service plan.
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Lead Department
Austin Convention Center.
Fiscal Note
July 23, 2025 - Council approved Ordinance No. 20250724-132 approving the ATPID Fiscal Year 2025-2026 Assessment Roll and service plan and amending the Fiscal Year 2024-2025 ATPID Operating Budget (Ordinance No. 20240814-007) to appropriate $7,764,175 in funds from ATPID assessments collected in fiscal year 2024-2025 to transfer to the Austin Tourism Public Improvement District Corporation for ATPID expenditures on a 10-0 vote.
Prior Council Action:
July 23, 2025 - Council approved Ordinance No. 20250724-132 the ATPID Fiscal Year 2025-2026 Assessment Roll, and the Fiscal Year 2025-2026 service plan for the ATPID and amended the Fiscal Year 2024-2025 ATPID Operating Budget (Ordinance No. 20240814-007) to appro...
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