The Fort Worth City Council plans to discuss raising the hotel occupancy tax by 2% to support renovating the aging Fort Worth Convention Center. This increase, if approved, would bring the tax rate for hotel guests in Fort Worth to 17%, aligning it with rates in Houston and Austin, according to the City of Fort Worth.
The aim is to generate an extra $10 million annually to fund renovations without resorting to property taxes. However, before final decisions are made, various steps need to occur, including approval from the Texas Comptroller and potentially holding an election.
Ultimately, public support will determine whether the tax increase and venue designation move forward.
