Lodging Tax Advisory Committee Meeting

Agenda City of Ocean Shores Lodging Tax Advisory Committee Special Meeting Join Zoom Meeting Online Click Here Join Zoom Meeting by Phone Phone Number: 1.253.215.8782 US Meeting ID: 883 1764 2383 Passcode: 929611 Tuesday Ocean Shores Library April 5, 2023 573 Point Brown Ave NW 12:00 PM Ocean Shores, Washington Page Call to Order 3 1. Notice of Special Meeting 04.05.2023 Roll Call Approval of Meeting Agenda Public Communication - 3 Minutes The Lodging Tax Advisory Committee is accepting written comments to be submitted to the City Clerk at slogan@osgov.com no later than April 5, 2023 New Business 5 2. Request A Request of the Lodging Tax Advisory Committee of the City of Ocean Shores, Washington approving the recommendation of the use of Lodging Tax Funds. • Committee Action 2023 Lodging Tax Use Applications (2022) Surplus Adjourn ________________________________________________________ Page 1 of 5 Page Public Notice: •Persons requiring auxiliary aids or special arrangements in order to participate in meetings should call 360.940.7498 at least two business days prior to the scheduled meeting. Page 2 of 5  CITY OF OCEAN SHORES, WASHINGTON NOTICE OF SPECIAL MEETING LODGING TAX ADVISORY COMMITTEE MEETING Wednesday, April 5, 2023 12:00 PM NOTICE IS HEREBY GIVEN that the Lodging Tax Advisory Committee of the City of Ocean Shores will hold a Special Meeting on Wednesday April 5, 2023 at 12:00 PM at the Ocean Shores Library located at 573 Point Brown Ave NW, Ocean Shores, Washington 98569. Remote attendance is available via Zoom. The Agenda is attached. ____________________________ Sara D. Logan, City Clerk City of Ocean Shores April 3, 2022 Copies: Lodging Tax Advisory Committee Public Postings 1. Notice of Special Meeting 04.05.2023 Page 3 of 5 Page 4 of 5  2023 LTAC Surplus 2023 Beginning Fund Balance $ 812,737 H/M Budgeted Tax Revenue $ 1,001,825 Total funds available $ 1,814,562 Convention Center Awards: CC Debt Payment to 206 Fund $ 50,000 CC Operations $ 808,684 CC Repairs and Maintenance Reserve $ 400,000 Total Convention Center Awards $ 1,258,684 Total Remaining $ 555,878 Other Awards: Hog Wild $ 5,000 Sand & Sawdust $ 25,000 Razor Clam $ 10,000 Beachcombers Heritage $ 4,500 Coastal Interpretive Center $ 150,000 Grays Harbor Youth Athletics $ 10,000 North Beach Community TV $ 2,500 Olympic Culinary Loop $ 5,000 Round Up Square Inc. $ 19,000 Total Other Awards $ 231,000 Total All Awards $ 1,489,684 Projected Ending Fund Balance $ 324,878 Ending Fund Balance Target $ 226,456 Total Surplus $ 98,422 Surplus Funding Requests: VFW $ 5,000 North Beach Community TV $ 5,000 North Beach Independent Media $ 20,000 Associated Arts of Ocean Shores $ 35,000 Ocean Shores Parks and Conservation Foundation $ 37,309 Total Surplus Funding Requests $ 102,309 Amount Remaining After Surplus Funding Requests $ (3,887) 2. Request A Request of the Lodging Tax Advisory Committee of the City o... Page 5 of 5