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HomeMy WebLinkAbout2020.10.20 LTAC MinutesC'ty°J Pasco LODGING TAX ADVISORY COMMITTEE OCTOBER 9, 2020 MINUTES CALL TO ORDER: The meeting was called to order at 8:36 a.m., by Saul Martinez via GoToWebinar. ROLL CALL: Board Members Present: Saul Martinez (City Council); Colin Hastings (Chamber of Commerce); Hector Cruz (Visit Tri-Cities); Monica Hammerberg (Hampton Inn); and Taran Patel (A-1 Hospitability) Guests: Angela Pashon, Senior Management Analyst; Griselda Garcia, Lead Accountant - Governmental, Darcy Buckley, Finance Manager BUSINESS: Saul Martinez presented the October 21, 2019 minutes of the Lodging Tax Advisory_ Committee. Motion was made by Monica HammerbeM, seconded by Taran Patel, to approve the October 21 2019 minutes as submitted. Motion carried unanimously. Angela Pashon reviewed the following: 2016-2020 lodging tax summary and 2014-2020 lodging tax reporting (JLARC). Staff reviewed 2020 estimates and expenses. Due to the decrease in tourism from the COVID-19 pandemic, fund balance will be utilized to cover drop in revenue from previously established revenue estimate. Staff reviewed expenses paid year-to-date and stated only long-term commitments have been incurred. Griselda Garcia stated the 2021 estimated revenue is conservative and the City has seen 2020 revenue steadily increase in recent months. Angela Pashon reviewed 2021 tax allocation requests. Due to COVID-19, three 2020 applicants (Arc of Tri-Cities, Water Follies, and Franklin County Historic Society) requested their applications be reconsidered for 2021 tax allocation. Staff reviewed its recommendation to approve all 2021 requests totaling $586,900. Although the recommendation exceeds estimated revenue for 2021, the fund has a healthy fund balance as a result of increased tourism in the region and expenses routinely coming in less than expected over recent years. With several long-term commitments (TRAC/Napo interlocal agreement, stadium improvement debt service, Visitor & Convention Bureau, and Pasco Chamber of Commerce) staff recommended approval of the three additional applications to lend support to agencies already hit hard by the pandemic. A motion was made by Taran Patel. seconded by Monica Hammerber . to recommend 2021 allocation estimates as outlined below. Motion carried unanimously. Organization Amount TRAC/HAPO Center $250,000 Stadium Improvements Debt Service $130,000 Tri-Cities Visitor & Convention $148,000 Bureau Fund Administration & Expenses $3,900 Pasco Chamber of Commerce $20,000 Arc of Tri-Cities $5,000 Franklin County Historic Society $20,000 Water Follies $10,000 Contingency NA . . NA NA NA NA NA Demonstrate correlation to overnight accommodations in Pasco and is highly encouraged to work with hotel industry representatives to provide reporting data NA Angela Pashon stated the committee's recommendation for 2021 will be presented to the City Council at either the October 19 or November 2 meeting. ADJOURNMENT: Committee meeting adjourned at 8:58 a.m. Angela Pashon, Senior Management Analyst