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HomeMy WebLinkAboutCity Council Committees - Lodging Tax Advisory Committee - 09/28/2006 (2) OFFICE OF THE MAYOR Suzette Cooke, Mayor Phone: 253-856-5700 C • Fax: 253-856-6700 KEN T Address: 220 Fourth Avenue S. W A S H I N G T O N Kent,WA. 98032-5895 AGENDA LODGING TAX ADVISORY BOARD MEETING Thursday,September 28th,2006 2:00pm Kent City Hall,220 41"Avenue South Centennial Building,Room 105 Attendance: Councihnember Tim Clark, Chair_ Ben Wolters, Staff Jacquie Alexander_ Bob Nachlinger, Staff Denise Gray Cliff Craig, Staff Greg Haffner Vickie Molzer Robin Hasbrouck,Guest Andy Wangstad Katherine Kertzman,Guest Kari Gallaway,Guest Ryan Noel, Guest Introductions and Call to order—Councilmember Tim Clark Information Items: l. Update on proposed Kent Events Center, Kent Station opening, 228th Bridge opening (Ben Wolters) 2. Financial Report (Bob Nachlinger) 3. Update from Kent Lodging Association (Robin Hasbrouck, Kent Chamber) 4. Update from Seattle Southside Visitor Services (Katherine Kertzman, SSVS) 5. Maps 6. Discussion with potential candidate for board position—Ryan Noel 7. Potential issues for 2007 Budget Items Requiring Action: 1. Approval of minutes of August 17th, 2006 Next meeting date, time and location Assignments for next meeting c1_2 9-Ck� CURRENT BUDGET ANALYSIS LODGING TAX OPERATING FUND as of August 31,2006 2005 2006 2006 2007 Actual Adj Budget YTD Budget BEGINNING FUND BALANCE 70,496 76,042 108,692 93,085 REVENUES Lodging Tax 138,854 118,069 92,786 145,000 Interest Income 2,790 2,000 2,997 5,000 TOTAL REVENUES 141,644 120,069 95,783 150,000 TOTAL RESOURCES 212,140 196,111 204,475 243,085 EXPENDITURES Strong Local Economy Tourism Marketing Softball 4,167 17,500 10,000 Bike Race Dragon Boat Race 6,000 Tourism Chamber 18,000 18,000 9,000 15,000 Seattle Southside Visitor Services 131,200 100,000 50,000 100,000 Tourism Unallocated 25,000 25,000 Transfer Out-Tourism Destination Reverse.Transfers from projects (55,919) TOTAL EXPENDITURES(TRANSFERS) 103,448 160,500 69,000 140,000 Change in Fund Balance 38,196 (40,431) 26,783 10,000 ENDING FUND BALANCE 108,692 35,611 135,475 103,085 CD dOO (DO "if V Mm CD U-) no 0 n M Lnn nU-1 n LO to MmM mco mco N O 8 o E W O) O CA O O O M "M O) Y) O d1 O) 0 0) O m O O O o O O O O O O O O O Co O N co o E O Oco 0 5 co p' E e e 0) n O, 00 CD CD O N N N N N N N N N N N N N N N N N N v V o to (n O W W W W W O W O W W M O CO 0.0 W W O V 7 @ E E o 0 0 0 0 o rn rn rn rn rn rn rn .rn . . . rn C rn rn -(3 n CQirnrn0)a)Oi00co 000000co roo00000000OD00 00cococo wwwwcocomco < otS G' o (n 3 U) N m r C N y A U rJ O O (o (D (O CD Co to (D (D (D (D co (D co (D (0 coD CD (D CD (O (D O O CD CO O CD (0 (fl c O 0 a` n N o 7 N m� C 3 0) o m M (n r' 1- M N O 1� r m 1- In W 00 M h (0 O (o p- CD M O O D M m W O 00 r E tt L N N N co V O O M 00 (D O M O r r N h I� CO t(') ` 04 r r r r r r r o � 3 _ E C f� O N V Cn O) O v Cn v O N U) v 0 0 1- O O) N r (D (n N (D Co O O) O O O O N o f > O W 00 M O V W <h 0 0 0 O O O 6) (n O N (n L V OD v Cl N 00 u0 V N O a0 N W N N M O V M O r r O O (D Cn r CO V O N M O of Cn O O M I� (n (n O N m r w -� O a' r 1- O 00 oo Of M r O - N O N N M h o � v (n N V r N In W r CD Cn O M m o N V O (o (n (n N N O CD 1- O O (D (n N O) M N V' N (n a1 O M (\ f� r to M m N V O N E >„ Gn M y CO r 0 1� N (O (n O r O N 1� m 0 0 0 O m W I� N O Ln (� N V' r O Cn m In O N _ 0. 0r rrrr• rr r r : N M 0) N N MO0yM N O O 0 0 rM Mr V CrD OrO 0r0 (Dr'-r rMO rm - - r - r mT r U o F U o t � U L d r h cf N co (D N w m r N V vU? 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