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HomeMy WebLinkAbout18-001 Approving 2018 Lodging Tax ExpendituresResolution 18-001 RESOLUTION NO. 18-001 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, APPROVING 2018 LODGING TAX EXPENDITURES WHEREAS, Chapter 67.28 of the Revised Code of Washington and Chapter 3.20 of the Port Townsend Municipal Code ("PTMC") authorizes the City to collect an excise tax on lodging, which tax is to be used for tourist promotion; and, WHEREAS, Council established a Lodging Tax Advisory Committee in Chapter 2.74 to make recommendations to the Council for expenditure of the funds; and, and, WHEREAS, on January 9, 2018, the Committee adopted its recommendations for 2018; WHEREAS, having reviewed the recommendations of the Committee; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend as follows: Section 1. Council adopts the 2018 recommendations for recipients and expenditures of lodging tax revenues in substantially the same form as at Exhibit A. Section 2. The City Manager is authorized to enter into agreements with the recipients of these revenues up to the amounts authorized by this Resolution. Section 3. This Resolution takes effect on its adoption. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 16th day of January 2018. Attest: Joanna Sanders, MMC City Clerk t 1' e orate - � S. St jos r� Mayor Approved as to form: teven L. Ca - City Attorney Resolution 18-001 ExhihitA EXHIBIT A 2018 Port Townsend Lodging Tax Advisory Committee Budget Recommendations Beginning Fund Reserves $208,915 Estimated 2018 Lodging Tax $500,000 Total Income $708,915 Ending Fund Reserves $151,577 Recommended Recipient Purpose Expenditure City of Port Townsend General Marketing & Promotion Transitional $158,500 Services 2018 City of Port Townsend Gen. Fund Administrative Services $12,838 Jefferson County Contract for Visitor Info Center Operations $176,000 Chamber of Commerce (incl. rent) City of Port Townsend Lodging Study(HVS) and Arts Study (KO $20,000 Projects) Port Townsend Main Winter Marketing Campaign $20,000 Street Fort Worden Fort Worden PDA Tourism Infrastructure $25,000 (multi-year) City of Port Townsend Facilities Rental - Special Events for City $10,000 Facilities NW Maritime Center Facilities Rental - Wooden Boat Festival Point $10,000 Hudson Fees City of Port Townsend City Debt Service (tourism infrastructure) $125,000 Total budgeted lodging tax expenditures $557,338 Beginning Fund Reserves $208,915 Estimated 2018 Lodging Tax $500,000 Total Income $708,915 Ending Fund Reserves $151,577