Accounting practices.
Houston Code of Ordinances § 25-18
in effectSec. 25-18. - Accounting practices.
(a) The MOSE director or appropriate director shall furnish the director of the department of finance and the city controller with an accounting of all event user fees and city revenues received for all special events, including, but not limited to special events in which the city has entered into a revenue sharing agreement pursuant to section 25-17 of this Code.
(b) The MOSE director shall deposit all city revenues derived from and associated with special events in bank depository accounts held and managed by Houston Civic Events, Inc., a non-profit, local government corporation and component unit. All city revenues deposited with Houston Civic Events, Inc. shall be:
(1) Held in trust for the exclusive benefit of, and are designated for the city's exclusive use in, the promotion, coordination, production, and sponsorship of special events and shall not be used for any other purpose;
(2) Remitted to the city in any amount up to and including the balance of all city revenues deposited and held by Houston Civic Events, Inc. upon the receipt of written notice from the MOSE director or the director of finance authorized pursuant to the request and approval of city council; and
(3) Deposited therewith and shall be held in a manner consistent with general accounting practices of the city and state law.
(Ord. No. 2010-911, § 2(Exh. A), 12-1-2010; Ord. No. 2014-992, § 2, 11-12-2014)
Source: City of Houston, Code of Ordinances and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/houston/codes/code_of_ordinances?nodeId=COOR_CH25SPEV_ARTISPEVEN_S25-18ACPRFetched: 10/26/2026