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HomeMy WebLinkAbout12/21/2022 4K AGENDA BILL CITY OF BREMERTON 4K CITY COUNCIL SUBJECT:Study SessionDate: December 14, 2022 Acceptance of the LodgingTax AdvisoryCOUNCIL MEETING Date: December 21, 2022 3Funding Department: City Council Recommendations Presenter: Denise Frey LTAC Chair Phone: (360) 473-5280 SUMMARY:Chapter 67.28under the Revised Code of Washington recommendations may either be accepted or rejected. If any individual recommendation is rejected by City Council, then the proposed change must be submitted to the Lodging Tax Advisory Committee for review and comment, allowing for up to 45 days before final action on the funding is taken. Funding may only be allocated to the list of eligible applicants provided by the LTAC. The LTAC receivedthirteen(13) requeststotaling$456,460. After City Council provided further direction at the November 16Council Meeting, the LTAC met on December 9 to reaffirm its recommendations. The LTAC is now resubmitting 1) Funding Recommendations that includes$220,000 for organizations; and 2) to acknowledge to the Admiral Theatre for $90,000 annually with an additional$60,000through 2027 (approved by City Council), and to the Kitsap Conference Center for $250,000 annually.This is for a grand total allocationof $620,000 for Fiscal Year 2023. ATTACHMENTS:1) Exhibit A LTACFunding Recommendations for 2023 FISCAL IMPACTS(Include Budgeted Amount): A delay in funding could potentially impact event planning in progress by organizations. STUDY SESSION AGENDA: LimitedPresentationFull Presentation STUDY SESSION ACTION:Consent AgendaGeneral BusinessPublic Hearing RECOMMENDED MOTION: 2023Funding Recommendations;and acknowledge commitments to the Admiral Theatre and Kitsap Conference Centerper Exhibit A. COUNCIL ACTION:Approve Deny Table Continue No Action x Form Updated 01/02/2018