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City staff says proposed LIV Golf Dallas local share will be covered without net cost to Carrollton
Summary
City staff and event organizer Outlier explained that the state’s events trust fund rules and an arrangement with the tournament promoter will allow Carrollton to forward the required local share and receive state disbursement back so the city has no net out‑of‑pocket local share cost for LIV Golf Dallas 2025.
City staff updated council on the status of the LIV Golf Dallas 2025 event trust fund application and said the city expects a mechanism that keeps Carrollton at net zero local cost for the approved local share.
Staff recalled council’s March authorization to apply for the Texas Events Trust Fund and said the governor’s office clarified that recipients may not retain amounts from a state disbursement to recover a local share. To comply, staff said Outlier,…
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