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Hotel Tax Fund Summar y
FY 2025
Adopted
FY 2025 FY 2026 Budget vs.
FY 2024 FY 2025
Category Adopted Proposed FY 2026
Actuals Projected
Budget Budget Proposed
Budget (%
Change)
Beginning Fund Balance $116,761 $96,292 $96,292 $35,249 -63.39%
Revenues
Sales Tax /Mixed Beverage Tax $219,059 $230,000 $209,018 $230,000 0.00%
Miscellaneous Revenue - - $40 - -
$219,059 $230,000 $209,058 $230,000 0.00%
Total Revenues
Expenditures
$184,279 $215,027 $197,836 $230,439 7.17%
Personnel Ser vices
$55,249 $70,800 $72,265 $30,000 -57.63%
Contractual Ser vices
$239,528 $285,827 $270,101 $260,439 -8.88%
Total Expenditures
Total Revenues Less Expenditures -$20,469 -$55,827 -$61,043 -$30,439 -45.48%
$96,292 $40,465 $35,249 $4,810 -88.11%
Ending Fund Balance

The HOT Fund began FY 2025 with an available balance of $96k , and is projected to end FY 2025 with $35k . By the end of
FY 2026 , the balance is expected to decrease to $ 4 , 810. This fund operates solely on the revenue generated from the City ’s
one hotel, and there is little potential for growth in this revenue source. The fund has been operating at a de{cit for both
FY 2025 and FY 2026 due to increasing operating expenses that exceed revenue.

The HOT tax revenue has remained relatively stable, but due to the limited use of these funds under the state’s "heads in
beds" restrictions, the City has allocated these funds toward par tial funding of FTEs for the Colleyville Center and
marketing and event staff. In addition, some operating expenses related to tourism and event promotion are covered.
These expenditures have grown over the years, contributing to the de{cit .

Revenues by Source
FY 2025
Adopted
FY 2025 FY 2026
FY 2024 FY 2025 Budget vs. FY
Category Adopted Proposed
Actuals Projected 2026 Proposed
Budget Budget
Budget (%
Change)
Sales Tax /Mixed Beverage
Tax
Hotel Tax $219,059 $230,000 $209,018 $230,000 0.00%
Total Sales Tax /Mixed
$219,059 $230,000 $209,018 $230,000 0.00%
Beverage Tax
Miscellaneous Revenue
Earned Interest - - $40 - -
Total Miscellaneous Revenue - - $40 - -
Total Revenues $219,059 $230,000 $209,058 $230,000 0.00%

The Hotel Tax Fund (HOT) is funded exclusively by the hotel occupancy tax collected from Colleyville's single hotel. For FY
2026 , the hotel tax revenue has been projected |at , with little expected growth. Given the stable nature of this single

FY 2025-2026 Annual Budget | Colleyville Page 77