Item Coversheet

BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT

Item No. 3.B.
For Meeting of: July 7, 2020

ITEM TITLE:Lodging Tax Advisory Committee Report
SUBMITTED BY:

Jason White, Committee Chair

SUMMARY EXPLANATION:

The Lodging Tax Advisory Committee met on June 9, 2020, using Zoom:

  • The 2021 Lodging Tax Grant Application was posted on the city’s website from April 1st through the deadline for completion of June 1st, and is still there for next year's planning purposes. 
  • Applications received by staff and distributed to Committee members prior to the meeting were reviewed, and the following all met eligibility requirements: 
    1. Capitol Theatre
    2. Convention Center
    3. Fair Park Sundome
    4. SOZO Sports Complex
    5. Yakima Airport
    6. Yakima Valley Museum
  • The Committee reviewed the current-year 2020 and 2021 lodging tax revenue forecasts.
  • The hotel general managers on the Committee reported on current vacancy rates and known future events and bookings. 
  • The Committee meets next in August, allowing two more months of lodging tax revenues to become known before formulating a balanced recommendation, which will allow time for the 45-day window of communication prior to budget adoption that RCWs require.
ITEM BUDGETED:NA
STRATEGIC PRIORITY:
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION: