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Council briefed on HOT fund and proposed Nance Farm capital spending; staff to pursue delinquent hotel collections

5474827 · July 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The FY2026 HOT fund includes proposed capital spending for Nance Farm and an operational plan for $4.1 million; staff acknowledged several hotels are behind on remitting occupancy taxes and will pursue collection and possible policy changes.

City staff presented the FY2026 hotel occupancy tax (HOT) fund on July 24 and said the proposed budget includes larger planned spending on Nance Farm renovations and related capital improvements.

Sutton and budget staff said approximately $3 million in HOT revenue is projected for FY2026 and that $3.0 million in prior-year…

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