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LTAC 2018-07-24 Minutes
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LTAC 2018-07-24 Minutes
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11/26/2018 9:03:57 AM
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Boards and Commissions
Date (mm/dd/yy)
07/24/18
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Lodging Tax Advisory Committee
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Minutes
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<br />Jeff Bauknecht, Museum of <br />Flight, provided an overview of <br />the proposed application for <br />$30,000. The application will <br />support the Museum of Fright, <br />Veteran’s Day, and Santa Fly In. <br /> <br />Chair Hougardy asked about <br />how the Tukwila name would <br />be used and hoped it could be <br />used better in the Museum’s <br />operations. <br /> <br />Motion made to approve the <br />application. Motion carried 5- <br />0-1. Due to conflict of interest <br />A. Messmer abstained from the <br />vote. <br />2019/2020 Workplan and B. Miles provided an overview Staff is going to <br />Goals of the proposed revenue and <br />research a wayfinding <br />likely expenditures for <br />and signage program <br />2019/2020. It is estimated that <br />for the City. <br />the City will generate about <br /> Discussion on creating a <br />$800,000 in 2019 in lodging tax <br />reserve policy for the <br />revenue. There was some <br />ending fund balance. <br />initial discussion if that <br /> <br />estimate for revenue was too <br />low. Ending fund balance at the <br /> <br />end of 2020 is forecasted to be <br />over $1.5 million. <br /> <br />LTAC and staff had a robust <br />discussion regarding initiatives <br />for the upcoming year and <br />what to look at spending the <br />reserves on. Discussion on <br />completing the branding <br />process, specifically with <br />regards to wayfinding and new <br />city signage. <br />City of Tukwila <br />6200 Southcenter Blvd. <br />Tukwila, WA 98188 <br /> <br />
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