SUBJECT: Compromise, Settlement, and Release Agreement between Lonestar Inn and the City of Kerrville. (This item is eligible for Executive Session 551.071.)October 11th, 2021
FiledOctober 11th, 2021In December 2019, the City contracted with Avenu Insights to perform occupancy tax audits at five local hotels, including Lone Star Inn. The audits were completed in March 2020 and deficiencies were found at Lone Star Inn. Deficiencies at Lone Star Inn included under-reported gross revenue, untaxed miscellaneous fees, overstated exempt revenue and invalid tax exemptions. In total, the audit found $9,393.23 in unpaid hotel occupancy tax for a period from November 1, 2015 through October 31, 2019.