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HomeMy WebLinkAboutPED 2020-11-02 Item 2A - Powerpoint Presentation Shown at Meeting - Tourism Funding Allocation Principles / 6-Year Financial PlanPED Meeting November 2,2020 •Tourism Funding Allocation Principles •Six-Year Financial Plan -40) sm huink ng at a U Tukwi Ws tourism is funded by two separate revenue sources —the City's lodging tax and the Tourism Promotion Area (TPA) fee. Jointly, these funds promote our many attractions and help welcome tourists to the City. 701M*171 properties in 2019. 2 f r Tukwila Municipal Code 3.40 1% of eligible stay in all city hotels, motels, and Airbnb's Ex. $100 room rate=$1 charge Interlocal Agreement (ILA) between Tukwila, SeaTac, and Des Moines ROH511NAMPUPUM The City's 101 fund for tourism -related The Seattle Southside Regional Tourism expenditures Authority (SSRTA) which promotes tourism in Tukwila, Seatac, and Des Moines Advisory Committee approval) Yes. The standard process for modifying the Tukwila Municipal Code applies ArmsivkMis .40 0 (ILA) required) Yes. The City can opt out of the Interlocal Agreement (ILA) with one year's notice Promotion and marketing to bring tourists Yes Yes that live greater than 50 miles away? Marketing special events? Operations and expenditures related to facilities owned or operated by a municipality or public facilities district? facilities owned or operated by a nonprofit organization? Examples of how we use the funds: fm SavingLocalKC, Experience Tukwila, Starfire Sports, Museum of Flight, Seattle Southside Regional Tourism Authority, Seattle Seawolves, Tukwila International Food Truck Rally Yes (provided the funds are used to bring in tourist from greater than 50 miles) am M0, Support the Seattle Southside Regional tourms-n iz Tukwo la, SesTac, a -md Des-Afoiies Category Description Geographical Target Entity(es) Performing Services 2019 Funding from Tukwila Lodging Tax 2019 Tukwila TPA Funds 2019 Total Seattle Southside Brand Specifically focused on tourism marketing and sales under the “Seattle Southside” name. Outside 50 miles of the City. •Seattle Southside Regional Tourism Authority (SSRTA) $202,500 100% of all funds collected, minus 1% administration charge by the Department of Revenue for the collection), estimated at $1 million. $1,202,500 Seattle and other brands Promoting the City of Tukwila under different brand names, such as “Seattle” in partnership with Visit Seattle or the “Kent Valley WA” aerospace brand with the cities of Kent, Renton, and Auburn. Outside 50 miles of the City •Visit Seattle Kent Valley Wa None.None.$0.00 Destination Development Focused on investments in the City’s tourism infrastructure, events, and festivals. Sponsorships of small and large events falls into this category. Outside and within 50 miles of the City. •Starfire Sports Museum of Flight City of Tukwila (Tukwila Pond) City of Tukwila (Southcenter Art) $180,000 (approximately). Tukwila Pond and Southcenter Art are 2020 and 2021 projects. None.$180,000 Tukwila Brand Marketing under the “Tukwila” name withing the greater Seattle area such as through Experience Tukwila Within 50 miles of the City •City of Tukwila None None $0.00 1.Need for strategic focus for lodging tax funds and TPA funds. 2.Lack of marketing efforts for Tukwila in the Greater Seattle Area. 3.Tourism Promotion versus Destination Development. 4.Lack of other organizations doing tourism promotion and tourism development activities, such as downtown associations and neighborhood groups. 5.Leveraging Lodging Tax Funds to Obtain Grants. 6.The Need for More Varied Use of Lodging Tax Funds. 7.Using Lodging Tax Funds for Business Attraction. 8.Lack of Metrics to Track Success. 1.The TPA revenues should be used to attract overnight visitors from outside the 50-mile radius using the Seattle Southside brand and focusing on state, national, and global marketing. 2.Lodging tax funds should be used for the following: a.Marketing efforts to attract visitors under other brands (such as Seattle and Kent Valley WA ). b.Marketing to attract day visitors from within the greater Seattle region using the “Tukwila” brand. c.Destination Development i.Tourism infrastructure ii.Events and Festivals 1.Operations 2.Marketing 3.Development 3.The City of Tukwila should control how its brand is used within the region. •Six-Year Financial Plan •Promote Halloween Events in the City, COVID- 19 acceptable •Brand the City •Destination Development