1. Spring Break Revenue Analysis
March 2017

2. Average Percentage of Tax Revenue for Past Three Fiscal Years
Month
Sales Tax
Occupancy Tax
July
15%
24%
June
13%
August
12%
March
11%
Average Remaining Months 6% 4%

3. Sales Tax – March 2016 Collection March 2016: $311,867
Estimated Gross Taxable Sales: $15.6 Million

4. Local/State Occupancy Tax - March 2016
Allocation by Fund
Breakdown by Industry Segment - $11.7 Million Taxable Sales
Convention Centre: $937,000
Beach Nourishment: $59,000
Beach Maintenance: $234,000
New Venue Tax effective 2017

5. Mixed Beverage Tax – March 2016
Tax Reported to the State of Texas:
$3.2 Million – Estimated Mixed Beverage Sales
Estimate Tax remitted to the City (Sales & Mix Beverage Tax): $52,000

6. Spring Break – March 2016 Description City’s Tax Gross Sales Sales Tax
$312,000
$15.6 Million
Occupancy Tax (CVB + Beach Nourishment/Maintenance)
$1,230,000
$11.7 Million
Mixed Beverage Tax
$52,000
$3.2 Million
Total
$1,594,000
$30.5 Million