Loading...
01/15/2019 11 Other Business Distributed at the . Meeting /—i Lodging Tax Advisory Committee January 10, 2019 City of Yakima City Council 129 North 2nd Street Yakima, Washington 98901 Dear Council, On November 28, 2018, the Lodging Tax Advisory Committee (LTAC) met. Several options for different ways to structure funding for the SunDome were discussed, including phasing out lodging tax funding gradually and/or partnering to match the level of support on an even basis between City and County. The committee recognized the City's already-tight budget as foundational to the discussion, noting the City is supporting SOZO and YMCA pool with debt issuances, and the city does support the Fairground SunDome in several other ways, including an annual $150,000 payment for SunDome debt service. The committee ultimately decided to recommend that the City Council honor the original 2019 LTAC recommendation of $75,000 in lodging tax funds for the SunDome. In addition, the committee suggests that council engage in an annual re-evaluation of the level of lodging tax support of SunDome operations. Finally, the LTAC also suggests that Council engage in discussions with the County on future funding options for the SunDome. Respectfully, Kathy Co fey Chair, Lodging Tax Advisory Committee