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Home My WebLink About26-28730 - City Council - OrdinanceORDINANCE 26-28730 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 18 - TOURISM FUND IN THE AMOUNT OF $8,750,000.00, OF WHICH (1) $8,250,000.00 IS FROM FUTURE ASSESSMENT REVENUE AND (2) $500,000 IS FROM AVAILABLE UNRESERVED FUND BALANCE; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: SECTION 1. In addition to those amounts allocated to the various City departments for Fiscal Year 2025-2026 in the Budget of the City Manager, there shall also be increased estimated appropriations in the Fort Worth Public Improvement District 18 - Tourism Fund in the amount of $8,750,000.00, of which (1) $8,250,000.00 is from future assessment revenue and (2) $500,000 is from available unreserved fund balance. SECTION 2. Should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. This ordinance shall be cumulative of Ordinance 27979-09-2025 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Taylor Paris Assistant City Attorney ADOPTED: August 25.2026 EFFECTIVE: August 25.2026 Jannette S. Goodall City Secretary Poo � ° ° o=� O O O O dad oyy�y ° OO Tp °°000°00.O� a�nnEXA5-oAa Ordinance No. 26-28730 Page 1 of 1 City of Fort Woth Service and Assesment Plan Public Improvement District No. 18 - Toursim FY 27 REVENUES PID Assessments $ 8,250,000 Total Budgeted Revenues $ 8,250,000 Use of Fund Balance $ 500,000 Total Revenues $ 8,750,000 EXPENSES Operations &Administration 368,775 CityAdmin Fee 55,000 Incentives & Sales Efforts 4,884,325 Site Visits & Fam Tours 122,925 Marketing & Promotion of the Arts 614,625 Marketing & Research 2,704,350 Total Budgeted Expenses $ 8,750,000 Contribution to Fund Balance $ - Total Expense $ 8,750,000 Net Change in Fund Balance $ (500,000) Estimated Fund Balance, Beginning of Year $ 7,370,664 Estimated Fund Balance, End of Year 6,870,664 Reserve Requirement - Over (Under) Reserve $ 6,870,664 2% Assessment Rate City of Fort Woth Budget Narrative Public Improvement District No. 18-Toursim Operations & Administration Budgeted for the administration costs related to operating the organization. City Admin Fee Budgeted for the annual City Administration Fee related to the organization Incentives & Sales Efforts Budget includes portion for sales incentives which includes purchasing meeting space at the convention center for groups and room night production incentives to book events in Fort Worth. A portion is budgeted for group convention promotions and marketing at trade shows, industry related events and publications. Additionally, a portion is budgeted towards the promotion and incentives to bring Sports related groups and events to the city. New for'27 is expanded marketing efforts for the "New" Convention Center that will open in 2030. Additional efforts will include a marketing agency and materials for the promotion of the new center. Site Visits & Fam Tours Budgeted to bring group convention and meeting planners to Fort Worth to showcase the city, hotels, and convention center to attract future convention bookings. Marketing & Promotion of the Arts Budgeted for Grants to Fort Worth based non-profit Arts related organizations that create or house events which bring tourists and enhance the city as a destination. Marketing & Research Total budget includes a portion for advertising and promoting the city as a travel destination for group, business, and leisure travel. A portion is budgeted toward PR & Activations to continue to promote the Fort Worth brand. An additiona portion is budgeted for research and analytics to study tourism and travel trends, the impact of marketing efforts and insights on how to make them more impactful. FORT WORTH MAYOR AND COUNCIL COMMUNICATION 11.13 03PID18 FY27 DATE: 08/25/26 M&C FILE M&C 26-0928 NUMBER: DEPARTMENT: FWLAB SUBJECT (ALL) Conduct Public Benefit Hearing for Fort Worth Public Improvement District 18 - Tourism, Adopt the Ordinance Approving and Adopting the Fiscal Year 2026-2027 Budget and One - Year Service and Assessment Plan; and Adopt Attached Appropriation Ordinance (PUBLIC HEARING - a. Staff Available for Questions: Holly Fortes; b. Public Comment; c. Council Action: Close Public Hearing and Act on M&C) RECOMMENDATION It is recommended that the City Council: 1. Adopt the attached ordinance approving and adopting the Fiscal Year 2026-2027 budget in the amount of $8,750,000.00, one-year Service and Assessment Plan (on file with the City Secretary) for the Tourism Public Improvement District; 2. Direct the City Secretary to record a copy of the Service and Assessment Plan in the real property records of Tarrant County, Texas no later than the seventh (7th) day after adoption by the City Council; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 18 - Tourism Fund in the amount of $8,750,000.00, of which (1) $8,250,000.00 is from future assessment revenue and (2) $500,000 is from available unreserved fund balance. DISCUSSION The Tourism Public Improvement District (PID) focuses on increasing the economic impact and enhancing competitiveness in conventions, meetings, leisure, and sports tourism and increasing tourism -related economic activity at all times, including during economic downturns and as inventory grows. The Tourism PID projects, all of which benefit the hotels within the Tourism PID, include: • Incentives and sales efforts; • Marketing and Research (promotion and advertising); • Site visits and familiarization tours; 1 of 3 FORT WORTH • Cultural enhancements through Marketing and Promotion of the Arts; and • Operations, research, and administration. The total budgeted costs of the improvements and services will be funded by the owners/operators of hotels with 100 or more rooms paying a special assessment at a rate of two percent (2%) of the consideration received from occupancy of any sleeping room furnished by hotels within the Tourism PID. Hotels typically pass the assessment on to its guests in the form of a reimbursement that is identical to the two percent (2%) assessment rate charged by the Tourism PID. The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2027 budget and Service and Assessment Plans for the Tourism PID for the 2027 fiscal year. Following the public hearing, it is recommended that the City Council adopt the attached ordinance approving and adopting the budget and Service and Assessment Plans. The service plan only covers a period of one year because the Tourism PID expires on or about September 30, 2027, so there is no established service plan past the expiration of the Tourism PID. The improvements and services to be provided in the Tourism PID during Fiscal Year 2027 and the associated costs thereof are as follows: Fiscal Year 2027 Budget Improvements Operations & Administration City Admin Fee Incentives & Sales Efforts Site Visits & Familiarization Tours Marketing & Promotion of the Arts Marketing & Research Total Expense Total Budgeted Costs $368,775.00 $ 55,000.00 $4,884,325.00 $122,925.00 $ 614,625.00 $2,704,350.00 $8,750,000.00 The total budgeted costs of the improvements and services are $8,750,000.00, of which $8,250,000 will be funded by the owners/operators of Tourism PID hotels with 100 or more rooms paying a special assessment at a rate of two percent of revenues they receive from a hotel room. The owners/operators may seek reimbursement in an amount equal to the special assessment from hotel guests, with such reimbursement being a mandatory charge that is subject to state and local hotel tax. The remaining $500,000 will be funded from unreserved fund balance. 2 of 3 FORT WORTH In Fiscal Year 2018, the City entered into a contract with the Fort Worth Tourism Public Improvement District Corporation (FWTPIDC) and the Fort Worth Convention and Visitors Bureau (FWCVB) to manage the operations of the Tourism PID. The term of this agreement is commensurate with the term of the Tourism PID; thus, the FWTPIDC and the FWCVB will continue to manage the operations of the Tourism PID for Fiscal Year 2027. Funding will be budgeted within the FWPID #18 - Tourism Fund for Fiscal Year 2027. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION/ CERTIFICATION The Director of Finance certifies that upon approval of the above recommendations and adoption of the Fiscal Year 2027 Budget by the City Council, funds will be available in the Fiscal Year 2027 operating budget, as appropriated, in the FWPID #18 - Tourism Fund. Prior to an expenditure being incurred, the FWLab Department has the responsibility to validate the availability of funds. SUBMITTED FOR CITY MANAGER'S OFFICE BY: Christianne Simmons, # 6222 ORIGINATING BUSINESS UNIT HEAD: Christianne Simmons, # 6222 ADDITIONAL INFORMATION CONTACT: Brady Kirk, # 8712 ATTACHMENTS 1. PID 18 SAP F Y 27 [11.13.1 - 2 pages] 2. PI D 18 SAP Update ORD F Y 27 [11.13.2 - 3 pages] 3. 03 PI D 18 F Y 27 AO [11.13.4 - 2 pages] 3 of 3