HomeMy Public PortalAboutAB 23-153 FY24 LOT Funding AdoptionMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 23-153
Meeting Date July 21, 2023
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the FY24 Tourism Local Option Tax Funding Priorities
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Originator
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$1,450,000
Parks and Recreation
FUNDING SOURCE:
Tourism LOT Revenue
Airport
Library
TIMELINE:
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
At the June 30, 2023 Council Budget Work Session, the Local Option Tax (LOT) Commission Chair presented the Commission’s recommended funding priorities for the FY24 LOT revenues. Council
discussed the housing priorities with staff at their July 13, 2023 City Council Meeting. Attached are the following:
LOT Commission’s Recommended Funding Summary,
Scenario #1 which shows housing related projects moved to the top of the FY24 Funding Summary
Scenario #2 which shows housing related projects and the Library request moved to the top of the FY24 Funding Summary
LOT Meeting Minutes
Local Option Tax Commission Guidance
the FY24 LOT Applications Packet.
RECOMMENDED ACTION:
Adopt the FY24 LOT Funding Priorities with the following changes_____ and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION