Seguin could authorize up to $136,825 in hotel-tax grants for ten groups, but approval alone would not release the money. What would turn that ceiling into a payment?
The draft agreements would direct visitor-tax money toward Seguin cultural and visitor events while requiring recipients to document eligible spending before payment. The draft agreements estimate $950,000 in citywide hotel occupancy tax receipts for fiscal 2027. That is the estimated tax collected across the city, not the amount proposed for these ten grants. The grants would draw on a tax paid by lodging guests; the recipient groups would still have to meet the agreements’ conditions.
From the source record
Proposed maximums, not expenditures or payments.
What it costs
Under the drafts, each recipient would receive the lesser of its stated maximum or its actual eligible budgeted expenditure, with disbursement in quarterly installments. The drafts require a preapproved event and budget list before funds are released. An Oct. 19 city finance memo says the events must occur and reimbursements cannot exceed expenditures.
The ten proposed caps in the table come from the draft agreements; Guadalupe.News added them to get $136,825. Each proposed payment also depends on eligible costs and the required reports, so a cap is neither an award already paid nor a forecast of what a recipient will receive.