2023 ACL Music Festival generates $500M for Austin economy, $8.1M for city parks

  • 📰 cbsaustin
  • ⏱ Reading Time:
  • 34 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 51%

Austin City Limits Music Festival News

Austin Economy,City Parks,ACL Funding

In 2023, Austin City Limits Music Festival generated $499.9M for Austin's economy and $8.1M for city parks, totaling $3.5B and $63M since its start.

The 2023 Austin City Limits Music Festival generated $499.9 million for Austin's economy and donated $8.1 million to the city's parks, bringing the total contributions to over $3.5 billion and $63 million respectively since the festival's inception.

The economic impact figure, derived from an annual study, equates to more than 3,700 full-time jobs across various sectors in Austin, said Emmett Beliveau, director of C3 Presents, the festival's production partner. Sincebegan tracking the festival's economic impact, it has generated over $3.5 billion for Austin's economy.

Kimberly McNeely, director of the Austin Parks and Recreation Department, said the festival funding has supported projects throughout the city's park system. "Please never forget Austin is Austin Parks," she said. "They're part of the quality of life that Austinites are able to enjoy."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 595. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines