Title
Consider a memorandum/resolution authorizing a five-year sponsorship agreement with Rodeo Killeen, for the Killeen Rodeo, in the amount of $250,000.
Body
DATE: September 15, 2026
TO: Kent Cagle, Interim City Manager
FROM: Tiffanie McNair, Executive Director of Community Development
SUBJECT: Five-Year Sponsorship Agreement with Rodeo Killeen
BACKGROUND AND FINDINGS:
The Killeen Rodeo, organized by Killeen Volunteers, Inc., through its Rodeo Killeen Committee, has been a long-standing community tradition and one of the City’s signature tourism events. The event attracts visitors from across Central Texas and beyond while generating hotel stays, restaurant activity, retail spending, and increased visitation throughout the community.
Over the past two years, the City has partnered with Rodeo Killeen through annual sponsorship agreements funded by Hotel Occupancy Tax (HOT) funds. The partnership has supported the continued growth of the event while promoting tourism and enhancing Killeen’s visibility as a destination.
The proposed agreement establishes a five-year partnership beginning October 1, 2026, through September 30, 2031 (Fiscal Years 2027-2031), with an annual sponsorship amount of $50,000. The total sponsorship will be for $250,000.
THE ALTERNATIVES CONSIDERED:
N/A
Which alternative is recommended? Why?
N/A
CONFORMITY TO CITY POLICY:
Yes, this item conforms with state and local policies.
FINANCIAL IMPACT:
What is the amount of the revenue/expenditure in the current fiscal year? For future years?
This is a 5 year agreement with a $50,000 expenditure per fiscal year through year 2031, for a total of $250,000.
Is this a one-time or recurring revenue/expenditure?
Recurring expenditure.
Is this revenue/expenditure budgeted?
Yes, Rodeo Account 214-55610-500-540-610010
If not, where will the money come from?
N/A
Is there a sufficient amount in the budgeted line-item for this revenue/expenditure?
Yes.
RECOMMENDATION:
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