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The Event Center project is being funded by the Brownwood Municipal Development District through their economic development sales tax funds.
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No. The City of Brownwood FY 20/21 adopted budget is based upon the No-New-Revenue tax rate of $.7448 per $100 valuation. It is a reduction of 4.21¢ or 5.4% and is the lowest tax rate since 1996.
The City of Brownwood has proactively worked to bring this multipurpose event center project without growing the City’s budget.
The initial estimated cost for the project is $8,900,000 not including AV or site development.
The project is anticipated to take 18-24 months to complete.
Yes. The City will continue to operate and maintain the other City facilities including the Depot & Adam Street Community Center. The Brownwood Coliseum will be managed and operated by Howard Payne University, but will be able to be rented by the pubic for events, subject to availability.
Part of the allocated project funds will be used for the development of additional parking areas around the new Event Center with the potential to develop hundreds of new parking spaces.
Yes. There will be up to 7 available breakout rooms of various sizes available in the new center to facilitate small to mid-size conferences.
Yes. There will be multiple outdoor areas to host events, festivals, concerts, weddings and more.
One of the major components of the space is the development of a covered stage/pavilion that can be rented and available for live musical performances of various sizes.
Under Texas law, local Hotel Occupancy Tax (H.O.T.) revenue can be used only to directly promote tourism and the convention/hotel industry. This means the proceeds should be spent on projects or events that result in visitors or attendees staying overnight in the community, generating more hotel occupancy tax.
According to the Comptroller’s Data Analysis & Transparency Division, these categories include:
After researching numerous event centers in cities across the state, City leadership decided to focus on preserving and redeveloping existing buildings in the Historic Depot Civic and Cultural Complex to embrace the rich history of the area, coordinate with existing meeting facilities, and reduce the cost of building from ground up.