Hotel Occupancy Tax Revenues and Collections (26-393A)

Context: The Committee on Finance held two hearings (Jan 26, Feb 3) on a $16,837,803 revenue-foregone PFC lease without advancing it past Draft status to a vote.

Recommended: Pull the Good Homes Dallas affordability schedule and confirm the income-targeting mix satisfies Texas Local Government Code Chapter 303 before a third Finance Committee hearing — two Draft-status appearances with no vote suggest the compliance question may still be open, and a challenge after a vote is far costlier to defend.

Context: The Good Homes Dallas 75-year PFC lease was the only item with a disclosed dollar figure on either the Jan 26 or Feb 3 agenda, yet it remains in Draft status after two appearances.

Recommended: Request the staff financial model behind the $16,837,803 revenue-foregone estimate from both Finance Committee hearings and check it against your own pro forma for a comparable PFC lease — a mismatch in assessed value, income-targeting share, or lease term is the most common reason these deals stall in committee.

Context: The matter has appeared twice in Committee on Finance without a vote, and its sole itemized figure ($16,837,803) describes a PFC housing lease unrelated to hotel tax collections.

Recommended: File a Public Information Act request for the staff memo and written committee questions from the January 26 and February 3 hearings, and ask directly why a $16.8 million property tax exemption for housing at 6950 North Stemmons Freeway is filed under "Hotel Occupancy Tax Revenues and Collections."

Context: The Good Homes Dallas PFC lease has appeared on the Finance Committee agenda twice without advancing past Draft status or reaching a vote.

Recommended: Determine which Finance Committee members raised concerns at the January 26 or February 3 hearings — on the affordability mix, the 75-year lease term, or the $16,837,803 revenue-foregone figure — and address that objection directly before a third Draft-status appearance signals the deal is stuck.