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HomeMy WebLinkAboutCity Council Committees - Lodging Tax Advisory Committee - 08/08/2018 (2) Unless other noted, the Lodging Tax Advisory Committee meets every other month on the fourth Monday at 4 p.m. in Centennial North and South Conference Rooms, 400 West Gowe Street, Kent, WA 98032. For additional information please contact Rhonda Bylin at 253-856-5457 or via email at RBylin@KentWA.gov. Any person requiring a disability accommodation should contact the City Clerk’s Office at 253-856-5725 in advance. For TDD relay service all Washington Telecommunications Relay Service at 7-1-1. Lodging Tax Advisory Committee Agenda Committee Members: Bill Boyce, Chair Erin Buck - John Casey - Tim Higgins - David Kwok - Bryan Powell City Staff: Kurt Hanson – Rhonday Bylin – Michelle Wimot Wednesday, August 8, 2018 2:30 p.m. Item Description Action Speaker Time 1. Call to Order Chair 01 MIN. 2. Roll Call Chair 01 MIN. 3. Changes to the Agenda Chair 01 MIN. 4. Committee Operations & Grant Ward Funding Cycle YES Michelle Wilmot 15 MIN. 5. Adjournment Chair 01 MIN. ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE Kurt Hanson, Economic and Community Development Director 220 Fourth Avenue S, Kent, WA 98032 253-856-5454 DATE: August 8, 2018 TO: Lodging Tax Advisory Committee FROM: ECD - Economic Development SUBJECT: Formalize Lodging Tax Committee OperationsStructure & Grant Award Funding Cycle MOTION: Implement Operations Structure and Biannual Funding Cycle as outlined in the attached Proposal. SUMMARY: With direction by the City Council’s Economic and Community Development Committee, City staff proposes the establishment of more structured operations to include a biannual funding cycle, tighter controls on dispersal of funds to award recipients, and increased reporting requirements of same. BUDGET IMPACT: None SUPPORTS STRATEGIC PLAN GOAL: Innovative Government, Sustainable Services RECOMMENDED BY: Kurt Hanson ATTACHMENTS: 1. Special Meeting Notice LTAC Restructuring Proposal (PDF) 2. 3rd DRAFT LTAC Proposal_ (PDF) 4 Packet Pg. 2 City of Kent NOTICE OF SPECIAL MEETING Lodging Tax Advisory Committee VOTE ON PROPOSED CHANGES TO LTAC OPERATIONS STRUCTURE & GRANT AWARD FUNDING CYCLE NOTICE IS HEREBY GIVEN that the Lodging Tax Advisory Committee will hold a special meeting for the purpose of voting on formalizing the operations and funding cycle of the committee. The meeting will be held in the Economic and Community Development Large Conference Room, Centennial Center Building 3rd floor, 400 West Gowe Street, Kent, Washington on Wednesday, August 8 at 2:30 p.m. Members will vote by phon e and no other committee business will be discussed at this meeting. Members of the public are welcome to attend the meeting or join the conference call using the instructions posted below: Participant - Join an On-Demand Plus Conference Call: 1 - Dial the toll-free On-Demand Plus Number: 1-800-406-9170 2 - Enter the Room number: 1868359 and press # 3 - You will be placed directly into the meeting if the moderator has already joined. If the moderator hasn't joined, you will be placed on hold for up to 10 minutes. Any person requiring a disability accommodation should contact Rhonda Bylin in advance at 253-856-5457. For TTD relay service, call the Washington Telecommunications Relay Service at 800-833-6388. 4.a Packet Pg. 3 At t a c h m e n t : S p e c i a l M e e t i n g N o t i c e L T A C R e s t r u c t u r i n g P r o p o s a l ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e ) 1 To: Councilmember Bill Boyce, Chair, Lodging Tax Advisory Committee and Lodging Tax Advisory Committee Members From: Michelle Wilmot, Economic Development Manager (x5709) Bill Ellis, Chief Economic Development Officer (x5707) Date: August 7, 2018 Subject: Third DRAFT proposal to formalize Lodging Tax Committee operations structure and grant award funding cycle With direction by the City Council’s Economic and Community Development Committee, City staff proposes the establishment of a more structured operation and formal grant funding process for the Lodging Tax Advisory Committee (LTAC). This proposal offers several benefits including: • Increased publicity about the LTAC grant program, thus opening the opportunity to a broader pool of applicants • Transparency about the use of lodging tax revenue; exceptionally important in today’s political environment • The ability to play a role in defining the character and trajectory of Kent’s economic growth by promoting Kent as a place with an attractive economic climate, welcoming new business opportunities, building on Kent’s local assets, resources and innovation • Opportunity for the pro-active recruitment of business events and conferences related to the Kent Industrial Valley’s concentration of advanced manufacturing companies, with emphasis on the aero and outer space sectors • Ability to acquire electronic business promotion and recruitment tools to reinforce Kent’s position as a center of advanced manufacturing and aero and outer space innovation • Provides a more strategic role for committee members; with a well-publicized grant application cycle, LTAC members will assess and select awards from among multiple applicants, making it a competitive, rather than an ad hoc selection process • Provides greater visibility for Kent City Councilmembers who typically approve grant applications via the Council’s Consent Calendar; having a broad array of projects to approve aligns with state law requirements for the LTAC committee to advise the Council on how lodging tax money is spent 4.b Packet Pg. 4 At t a c h m e n t : 3 r d D R A F T L T A C P r o p o s a l _ ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e ) 2 • Allows for accurate and timely reporting of results as required by state law. Proposed Changes 1. Establish a Biannual Funding Cycle a. A twice-yearly funding cycle provides better visibility of the grant opportunities available over the course of a year, allowing a competitive, rather than ad-hoc process, and strategic decision-making by LTAC members b. By better publicizing of the grant opportunity, the City, and its LTAC members will generate positive awareness of the innovative companies doing business in Kent (with the goal of attracting more of the same) while also supporting valuable community activities/events c. Incentivizes committee member participation with more impactful decision- making and influence on lodging tax expenditures d. Provides intensive, but strategic work for committee members during the funding cycles and grant selection process; no additional meetings would be necessary unless emergent opportunities arise e. Allows better coordination of publicity efforts among stakeholders and partners with advance knowledge of funded projects and/or activities f. Provides predictability of expenditures from a financial planning and budgetary perspective and allows alignment with the City’s budget process g. The LTAC may opt to move to an annual funding cycle in 2020 depending on response after the grant process is restructured. i. First funding cycle for 2018-2019 - Because applications have been received for funding in 2018, the cycle outlined below will make current the awards process for 2018 and establish the first funding cycle for 2019: 1. September 1, 2018 – Make Lodging Tax fund applications available a. Promote via newspaper, website, social media, and written notification to previous grant recipients 2. September 30, 2018 – Lodging Tax fund applications due 3. October 2018 – LTAC review and recommendations 4. November 2018 – City Council approval of recommendations 5. December 2018 – Contracts prepared, finalized, approved ii. Second funding cycle for 2019 1. March 1, 2019 – Make Lodging Tax fund applications available a. Promote via newspaper, website, social media, and written notification to previous grant recipients 2. April 30, 2019 – Lodging Tax fund applications due 3. May 2019 – LTAC review and recommendations 4. June 2019 – City Council approval of recommendations 5. July 2019 – Contracts prepared, finalized, approved 4.b Packet Pg. 5 At t a c h m e n t : 3 r d D R A F T L T A C P r o p o s a l _ ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e ) 3 2. Set a Target Grant Award Budget Based on Forecast a. Setting a target budget for award allocations allows better publication of the opportunity available and incentivizes a broad array of applicants b. Ensures that Lodging Tax Funds are spent and used to promote Kent while also allowing committee members flexibility to consider previously unforeseen grant opportunities i. To allow flexibility, and provide opportunity to support emergent opportunities, the committee will set aside half of its target grant budget for the first funding cycle, 30 percent for the second funding cycle, and 20 percent for unforeseen opportunities outside of the grant cycles. c. Proposed grant budget for first funding cycle 2018-19 - $320,000 i. The LTAC grant for the 2018-19 cycle is substantial given the lack of previous applications and rollover of remaining funds from previous years d. Proposed grant budget for second funding cycle 2019 - $192,000 i. This grant budget aligns with average annual projected revenues of $290,000 while still leaving funds approximately $128,000 in place for emergent opportunities 1. This figure has potential to be higher pending roll-over of unallocated funds. e. Establish annual $5000 Seed Fund for small non-profit grant requests for eligible activities/events i. Setting aside funds for requests (under the $3000 minimum) by non- profit entities with limited budgets will help support the potential growth of activities/events in the future. ii. Provides LTAC members visibility of requests and activities undertaken by non-profits who want financial support. 3. Establish Project Evaluation Criteria State law defines promoting tourism as: “activities, operations, and expenditures designed to increase tourism, including, but not limited to advertising, publicizing, or otherwise distributing information for attracting and welcoming tourists; developing strategies to expand tourism; operating tourism promotion agencies; and funding the marketing of, or the operation of special events, conferences and festivals designed to attract tourists.” a. Proposed Grant Funding Criteria – 1. Leisure and Business Tourism Promotion - Does the project/event meet the basic state requirements for tourism promotion? Promote a positive image for the City, both as a leisure and business destination? Attract visitors, build new audiences, and encourage tourist or business expansion? Does the project increase awareness of the City’s amenities, business attributes, its workforce, history, facilities and natural environment? Does is support regional business development and tourism planning? 4.b Packet Pg. 6 At t a c h m e n t : 3 r d D R A F T L T A C P r o p o s a l _ ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e ) 4 2. Benefit to the community - How will this project/event benefit Kent? Does this project benefit the overall economics of the community, rather than specific segment or interest? 3. Innovation - Is this project unusual or unique? Does it promote Kent as an innovation hub from a business standpoint and reinforce Kent’s positive attributes? Does it move an existing program in a new direction? 4. Community support - Does the project/event have broad-based community appeal or support? What is the evidence of need for this project/event in the city? 5. Evidence of partnerships - What kind and degree of partnership does the project/event exhibit? Volunteer involvement, interjurisdictional, corporate, business and/or civic organization support? 6. Other funding sources - What other revenue sources will be used to support this project/event? 7. Previous and replacement funding - Is this funding request for a new project/event or is to continue or expand an on-going project/event? 8. Scale of project - Is the project of a scale suitable for this funding program? 4. Establish Grant Funding Guidelines Establishing guidelines for grant funding in advance takes the guesswork out of the decision-making process. Guidelines include the following: a. Organizations may submit more than one application each year, but there must be a separate application form for each project or activity. b. Grants application requests are suggested to be no less than $3,000 and not constitute more than half of the overall project/activity budget. A higher application amount elevates the scale, and impact of the grant expenditure and results, while also minimizing the paperwork required to contract, track and report results. c. Requests for capital projects or facilities requesting operating funds must be located inside the City limits. This restriction does not apply to destination marketing proposals. d. Special events/conferences/festivals: i. Must be sponsored by a non-profit or the City of Kent ii. Grant funds can be used for operational expenses, including marketing and promotion, except for salaries and/or benefits for event organizers, or other key staff and insurance. Funds may be used for security staff, traffic control, etc. iii. Grant funds must be spent within the calendar year. iv. For existing events or conferences previously funded with LTAC dollars (in operation for more than three years), proposals must be for expansion or enhancements to the event or conference and must be clearly defined and measurable. e. All events and activities funded with City of Kent LTAC funds must list the City of Kent as a sponsor 4.b Packet Pg. 7 At t a c h m e n t : 3 r d D R A F T L T A C P r o p o s a l _ ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e ) 5 f. All grant recipients will feature the Kent marketing logo and web address (Visit Kent, VisitKent.com) for leisure and entertainment projects or the City of Kent logo and web address (KentWA.gov) for business-related event marketing and promotional materials. 5. Establish Contracting Requirements Given the mandatory reporting requirements by the state, the City puts itself at risk from an auditing perspective. Organizations receiving Lodging Tax funds, apart from the City itself, are required to enter into a contract with the City of Kent. The contract will cover project or activity goals, definition of eligible costs, specification of payment procedures, limits of City liability and legal requirements. a. Half of the grant funds will be provided once the contract is executed. The remaining half will be reimbursed after the activity/event. Grantees must provide a reimbursement invoice, copies of receipts over $100, and a final results report. b. Reimbursements will be made within approximately 30-days. c. Costs incurred prior to the grants being approved by the City Council and execution of the contract are not eligible for reimbursement. d. The applicant must have liability insurance, in an amount commensurate with the risk of exposure of the project, and which names the City of Kent as an additional insured. e. Funds awarded for year-round operation of a program or facility will be disbursed quarterly. 6. Require Reporting as a Contractual Condition Each funded applicant must submit a final report and invoice with backup receipts at the end of the project/activity/event. While LTAC members may allocate funds to activities that do not generate overnight stays, grantees are required to report the actual number of people travelling for business or pleasure in any of the following situations: a. Travel away from residence or business and staying overnight in paid accommodations b. Travel 50 miles or more one way from their residence or business for the day or overnight c. Travel from another country or state outside of their residence or business. 4.b Packet Pg. 8 At t a c h m e n t : 3 r d D R A F T L T A C P r o p o s a l _ ( 1 3 3 8 : C o m m i t t e e O p e r a t i o n s & G r a n t W a r d F u n d i n g C y c l e )