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Hotel-occupancy tax collections in Laredo remain above forecast, board reviews budget update
Summary
At its May 1, 2025 meeting the Laredo tourism board reviewed year-to-date financial statements and heard that hotel-occupancy tax collections remain above the board's forecast as the fiscal year draws to a close; staff said a more detailed occupancy report for Semana Santa will be available in June.
At its May 1, 2025 meeting the Laredo tourism board reviewed year-to-date financial statements and heard that hotel-occupancy tax collections remain above the board’s forecast as the fiscal year approaches its end.
Board members were shown the monthly financial statements (pages 4–6 of the packet) and a budget update graphic (page 11) showing expenditures versus available budget. A staff presenter said…
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