§ 3.20.060. Use of proceeds.

A.

The revenues from the hotel occupancy tax shall be used for any of the purposes enumerated in Chapter 351 of the Texas Tax Code, as it now exists or as may be hereafter amended.

B.

The city council may, by contract, delegate to a person, including another governmental entity or a private organization, the management or supervision of programs and activities funded with revenue from the hotel occupancy tax. The city council shall approve in advance the annual budget of the entity to which it delegates those functions, and shall require the entity to make periodic reports to the city council, at least annually, listing the expenditures made by the entity of revenue from the tax provided by the municipality.

C.

A person or entity with whom the municipality contracts to conduct authorized activities shall maintain complete and accurate financial records of the expenditure of hotel occupancy tax revenue made by the person or entity and, on request of the city council or other representative of the city, shall make the records available for inspection and review.

(Ord. No. 2017-04 , §§ 2, 3, 5-9-2017; Prior code § 24-26)