HomeMy WebLinkAbout10/16/2019 6A AGENDA BILL
CITY OF BREMERTON 6A
CITY COUNCIL
SUBJECT: Study Session Date: October 9, 2019
Acceptance of the Lodging Tax Advisory COUNCIL MEETING Date: October 16, 2019
Committee's FY-2020 Revised Funding Department: City Council
Recommendations Presenter: Pat Sullivan, LTAC Chair
Phone: (360) 473-5280
SUMMARY:
During the September 11 Study Session, Council Members provided direction to the Lodging Tax
Advisory Committee for additional consideration, including the amount of eligible requests in the
Projects (3+Years) Category; and additional funding made available for allocation to New Projects
(0-3 Years).
Of the approximately $830,000 in revenue to be available for distribution in Fiscal Year 2020, the
LTAC is now recommending allocations of$430,000 for the following:
• $52,500 for New Projects 0-3 years
• $167,500 for Projects 3+ years
• $210,000 Unallocated Funds to be carried over to the FY2020 Beginning Fund Balance
Also, for the FY2020 Budget, funding to be included for the City of Bremerton's commitment for
$400,000 to the following through 2022:
• $250,000 for Operations of the Kitsap Conference Center
• $150,000 for Operations of the Admiral Theatre
ATTACHMENTS: 1) Exhibit A- LTAC Revised Funding Recommendations for 2020
FISCAL IMPACTS (Include Budgeted Amount): RCW 67.28 specifies that a municipality may
either accept or reject the committee's recommendations. If any individual recommendation is
rejected by City Council, then the unallocated amount will be held in the fund's reserve. Funding
may only be allocated to the list of eligible applicants provided by the LTAC.
STUDY SESSION AGENDA: ❑ Limited Presentation I] Full Presentation
STUDY SESSION ACTION: ❑ Consent Agenda ® General Business ❑ Public Hearing
RECOMMENDED MOTION:
Move to accept the Lodging Tax Advisory Committee's FY-2020 Revised Funding Recommendations
per Exhibit A; and to include the allocations in the City of Bremerton's Fiscal Year 2020 Proposed
Budget.
COUNCIL ACTION: JOApprove ❑ Deny ❑ Table ❑ Continue ❑ No Action
Form Updated 01/02/2018