HomeMy Public PortalAboutAB 17-093 Council Review of City LOT Apps McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 17-93
Meeting Date May 11, 2017
AGENDA ITEM INFORMATION
SUBJECT:
Council Review of FY18 Local Option Tax Applications – Direction to Local Option Tax Commission
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Originator
Treasurer
/
Supporter
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$288,795
Parks and Recreation
FUNDING SOURCE:
LOT
Airport
Library
TIMELINE:
FY18
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
There are a total of 16 City Local Option Tax (LOT) Applications for consideration of funding in FY18. Two of the applications for LOT funding are direct cost and event recovery totaling
$48,295; which in previous years the Council indicated that these two items should always be funded by the Tourism LOT as these costs are directly related to the administration of the
Tourism LOT and the cost of recovery from 4th of July and Winter Carnival. The City Manager and City Treasurer reviewed all the applications for City Projects eligible for LOT Dollars
and then prioritized the other 14 projects submitted and determined the top 10 that should be presented to the LOT Commission for priority consideration totaling $288,795. The projects
that were also identified on the Capital Improvement Plan for the City are recommended for the City’s top priority for LOT Funding. There were an additional 6 and 1 partial projects
that have LOT Applications for FY18 totaling $331,986.
In FY17 the Council and LOT Commission approved $228,650 in priority funding for City projects which was 57% of the total priority budget of $399,210. The request for FY18 is 58% of
the total priority budget of $500,000 for FY18.
The LOT Commission Chair will be present to receive the general direction of the Council of priority funding for all of the applications for the FY18 LOT funds.
Documents attached are:
Allowable Uses for Local Option Tax Funding
List of FY18 LOT City projects and priority list
List of all FY18 LOT requested projects
List of all FY17 LOT Funded Projects
All submitted FY18 LOT Applications
RECOMMENDED ACTION:
Staff requests that Council review the City LOT Applications and concur with the prioritized LOT projects to be presented to the LOT Commission and give the LOT Commission direction
as far as priority funding for all submitted projects for FY18
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION