Funding

Here's where the funding for the Sports and Entertainment District comes from:

Visitor Taxes
  • Hotel Occupancy Tax (HOT) on hotel stays.
  • County Venue Tax on hotel stays and rental cars.
  • State hotel-related taxes through the Project Finance Zone (PFZ), authorized by the Texas Legislature, which allowed for the creation of a 3-mile area where state hotel taxes are captured for 30 years and can be invested in convention center facilities.
San Antonio Spurs

The NBA team will make a substantial financial contribution to the cost of building the arena, in addition to a lease for the arena facility.

Developers

Developers that build in Hemisfair will contribute property taxes and pay ground leases.

Funding Source Table(PDF, 57KB)