Page 467 - ClearGov | Documents
P. 467

City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026              Table of Contents




           Hotel/Motel Tax Fund Budget Summary


           The FY 2025-2026 Hotel/Motel Tax Fund budget totals $1,161,500, an increase of 15.57% from the prior year.
           Within this budget, there is emphasis on growing reserve funding to support future tourism initiatives
           while adjusting operational spending to reflect current programming needs. 
           category, there is a consistent $9,000 allocation to fund a third-party audit of hotels to determine the
           number of room stays for City events.   This balanced budget supports sustained tourism development,
           community events, and economic growth through enhanced hospitality and marketing efforts.









































































                                                                                                          Page 465
   462   463   464   465   466   467   468   469   470   471   472