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Council approves preliminary DoubleTree/Convention Center hotel budget after citizen concerns about transparency
Summary
The Abilene City Council approved the Abilene Convention Center Hotel Development Corporation’s preliminary FY2026 budget after a public hearing in which a resident raised questions about disclosure, use of city funds and a $1 million contingency fund.
The Abilene City Council on a unanimous vote approved a preliminary FY2026 budget for the Abilene Convention Center Hotel Development Corporation, which operates the DoubleTree Hilton Abilene Downtown Convention Center, after a public hearing and questions from council members.
Marjorie Knight, the city’s director of finance, presented the corporation’s preliminary figures, saying the budget reflects hotel operating revenue of $15,990,000, operating expenses of $14,510,000 and net operating income of $1,480,000. She said nonoperating expenses — primarily…
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