018-12 - Resolution - Distribution of Lodging Tax Carryover RevenueRequested by: Councilmember Chang
Introduced by: City Attorney
Drafted by: City Attorney
Reviewed by: City Attorney
Introduced: June 26, 2012
Adopted: June 26, 2012
RESOLUTION NO. 018-12
A RESOLUTION OF THE CITY OF PORT ORCHARD,
WASHINGTON, REGARDING THE DISTRIBUTION OF FISCAL
YEAR 2011 LODGING TAX CASH CARRYOVER REVENUE IN
THE AMOUNT OF $2,700
WHEREAS, in accord with the procedures set forth in Chapter 67.28 RCW, the
City collects lodging tax revenue and, after considering the recommendations of the
City's lodging tax advisory committee, the City Council annually distributes said funds
to eligible projects, festivals, and events; and
WHEREAS, the initial awards of lodging tax revenue are based on projected tax
receipts, which sometimes results in the accumulation of unallocated cash carryover tax
revenue; and
WHEREAS, in fiscal year 2011 the City accumulated the sum of $16,324 in
lodging tax cash carryover revenue; and
WHEREAS, in accordance with Resolution No. 027-11 and RCW 67.28.1817, the
lodging tax advisory committee received applications from eight interested parties and
has submitted its recommendation to the City Council concerning the distribution of the
fiscal year 2011 lodging tax cash carryover revenue; and
WHEREAS, the City Council has considered the recommendations of the
lodging tax advisory committee and has determined to make limited use of the funds at
this time and reserve the balance for future qualified projects; now, therefore;
THE CITY COUNCIL OF THE CITY OF PORT ORCHARD,
WASHINGTON, HEREBY RESOLVES AS FOLLOWS:
THAT: The Cruz is awarded $2,700.00 from fiscal year 2011 lodging
tax cash carryover revenue; and
FURTHER THAT: The balance of the fiscal year 2011 lodging tax cash
carryover revenue is reserved for such eligible projects and events as the
City Council may approve in the future.
Resolution No. 018-12
Page 2 of 2
PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and
attested by the City Clerk in authentication of such passage this 26th day of June 2012 .
"~d~ Timothy C. M tthes, Mayor
ATTEST: B~~lerk