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Bastrop City Council is funneling hotel occupancy tax revenue back into the community.
The details: During a Nov. 18 meeting, Bastrop City Council approved $433,825 to the Bastrop County Historical Society, $194,000 to the Bastrop Opera House, $167,950 to the Lost Pines Arts Center, $50,000 to the Kerr Community Center and $50,000 to the Bastrop African American Cultural Center.
Zooming in: Each funding amount will be distributed through community service agreements, and will be paid for in HOT revenue—generated from a tax levied on people who pay for the use of a hotel room or other lodging facility—allocated for fiscal year 2025-26, according to city documents.
The outlook: As part of the community service agreements, the Bastrop County Historical Society, the Bastrop Opera House, the Lost Pines Arts Center, the Kerr Community Center and the Bastrop African American Cultural Center will each need to submit written reports on a quarterly basis, according to city documents.
The first three reports will be progress reports, while the fourth report will provide an annual summary.
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