HomeMy WebLinkAbout08/19/2025 06.A. Lodging Tax Advisory Committee (LTAC) Report r:-
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 6.A.
For Meeting of: August 19, 2025
ITEM TITLE: Lodging Tax Advisory Committee (LTAC) Report
SUBMITTED BY: *Patricia Byers, Chair, LTAC Committee
Craig Warner, Director of Finance and Budget
Gary Bellew, Assistant City Manager
SUMMARY EXPLANATION:
The Lodging Tax Advisory Committee (LTAC) met on August 14th to deliberate on the 2026 Budget,
review Lodging Tax grant applications, and propose an allocation recommendation. LTAC recommended
a revenue forecast of$1,800,000. Of the revenue $490,000 is designated for debt service, $3,274 for
administration, with the remaining $1,306,726 allocated per committee's recommendation. Council
approving the recommendations will be reflected in the 2026 budget and staff will prepare funding
agreements with the recipients.
ITEM BUDGETED: N/A
STRATEGIC PRIORITY 24-25: A Resilient Yakima
RECOMMENDATION: Approve LTAC recommendations as outlined.
ATTACHMENTS:
LTAC memo to Council
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Lodging Tax Advisory Committee
August 15, 2025
City of Yakima City Council
129 North 2nd Street,
Yakima, Washington 98901
Dear Council,
On August 14th,the Lodging Tax Advisory Committee (LTAC)convened to review applications for
the Lodging Tax. The committee received several applications during the publicly announced
application period, which ran from May 13th to July 12th.
The committee's recommendations were based on a forecast of Lodging Tax revenue for 2026,
estimated at $1,800,000. This forecast was derived from actual revenue figures through July
2025. The debt service for the convention center expansion was treated as a fixed allocation,
along with $3,274 designated for City of Yakima administrative fees related to the Lodging Tax
program.All other allocations were adjusted according to the committee's judgment to maximize
the resulting tourism benefits for the City of Yakima.
The committee's budgetary recommendation is as follows:
LTAC
Recommendation
LTAC Revenue Projections $ 1,800,000
Debt Service $ 490,000
COY Admin Fee $ 3,274
Subtotal $ 1,306,726
Recipients-Historic and Existing
Convention Ctr-Capital $ 300,000
Convention Ctr-Operations $ 641,226
Visitor Services $ 60,000
Sports Commission Operations $ 95,500
Capitol Theatre Operations $ 150,000
Sundome $ 60,000
City of Yakima $ -
Total awarded funds $ 1,306,726
Revenue avail less award variance $ -
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Respectfully,
r
Patricia Byers
Chair, Lodging Tax A.visory Committee
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