Item Coversheet

BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT

Item No. 5.A.
For Meeting of: September 3, 2019

ITEM TITLE:Lodging Tax Advisory Committee Report
SUBMITTED BY:

Steve Groom, Director of Finance and Budget 

SUMMARY EXPLANATION:

The Lodging Tax Advisory Committee met on August 15, 2019 and has the following to report on:

  • The committee reviewed the current-year Lodging Tax revenue receipts, re-evaluated the 2020 revenue forecast and was able to arrive at a balanced recommendation for the 2020 Budget funding requests.
  • The committee was guided by the Tourism Promotion requirements that RCW clearly spells out: supporting the operations and capital expenditures furthering local tourism.  
  • Because 2020 Lodging Tax is forecasted to be lower than 2017 and 2018, the committee ended up making proportionally reductions to the Convention Center, the Capitol Theater, the Visitor Center, the Sports Commission and the SunDome.
  • The Finance Director attended the meeting to record the committee's recommendations to incorporate into the preliminary 2020 budget, and it is included as an attachment - review only, no action needed at this time.
  • Council reviews the 2020 budget during the annual process of Study Sessions, hearings and final adoption.
ITEM BUDGETED:
STRATEGIC PRIORITY:
  
APPROVED FOR SUBMITTAL: Interim City Manager

STAFF RECOMMENDATION:
BOARD/COMMITTEE RECOMMENDATION:
ATTACHMENTS:
DescriptionUpload DateType
Support Schedule8/20/2019Cover Memo