Proposed FY2023-24 & Planning FY2024-25 Budget

Hotel Occupancy Tax

$1,400,000

$1,200,000

$1,000,000

$800,000

$600,000

$400,000

$200,000

$-

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022 2023 Project

2024 Proposed

Fiscal Year

Hotel Tax

FY 2018 FY 2019 FY 2020 FY 2021 FY 2022

$ $ $ $ $ $ $

1,057,307 985,335 894,320 1,065,522 1,387,757 1,000,000 1,300,000

2023 Project 2024 Proposed

The City of Desoto is located on the West side of I-35E, at the I-35 E southern entrance to the Dallas metropolitan area. Hotel occupancy tax is collected from ten (10) hotels located within the DeSoto city limits: America's Best Value Inn & Suites, Holiday Inn Express, Magnuson Grand Hotel, Days Inn and Suites, Town Place Suites/Marriott, Hampton Inn & Suites, LaQuinta, Home2 Suites by Hilton, and Best Western-GLo, and Comfort Inn Suites.

12-5

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