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HomeMy WebLinkAbout2011-07 Setting Grants using TOT Repealing 2010-06 RESOLUTION NO. .)0 l \ - 01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASHLAND REITERATING ITS POLICY RELATING TO THE EXPENDITURE OF MONIES FOR ECONOMIC AND CULTURAL DEVELOPMENT TO THE HOTEL/MOTEL (Transient Occupancy) TAX AND REPEALING RESOLUTION 2010-06. THE CITY OF ASHLAND RESOL YES AS FOLLOWS: SECTION I. Thallhe City Council recognizes lhat lhe source of monies for the Economic and Cultural Development Granl program is lhe Hotel/Motel Tax also known as the Transient occupancy Tax (TOT). SECTION 2. The following are lhe goals which lhe Budget Conimittee is attempting to meel by granling money 10 applicanls for: a) Tourism Promotion: I. Attract someone who lravels to Ashland from more lhan 50 miles away to attend an event. 2. Attracl someone who slays the night in Ashland 10 attend an event. b) Economic Developmenl: I. Promote increased number, variely and size of employers. 2. Encourage wages al or above median wage. 3. Promole businesses lhal employ 5 10 100 people or is locally owned. 4. Encourage use oflocal resources. 5. Work with Soulhern Oregon University, especially for inlernalional commerce. 6. Encourage businesses lhal efficiently use resources and minimize lheir impact on the environment such as water and air pollution or crealion of toxic waste. 7. Promote businesses and instilulions thaI encourage suslainability. c) Cultural Developmenl: I. Increase the number, variely and size of cultural opportunilies in Ashland 2. Support diversification of the local economy 3. Showcases local talenl 4. Work wilh Soulhern Oregon University on cultural programs d) Sustainabilily Wilh a minimum of $12,500 granled, carry oullhe following lypes of projecls: actual work; training; conferences; grant writing; research; fund-raisers; invenlion/developmenl in these calegories, including, but not limited to, the examples lisled: 1. Energy 2. Water 3. Forest Page 1 of4 4. Science 5. Appropriale lechnology 6. Gardening & Agriculture 7. Economics 8. Ecology Applications 9. Community building SECTION 3. The Cily of Ashland has determined lhat as of July I, 2003, $186,657 or 14.23% of tolal HOlel/Motel tax revenues were expended on tourism promolion, as defined in Chapler 818 of lhe 2003 Oregon Laws, and will continue to be spent on tourism promolion increased or decreased annually consistenl with the estimated TOT revenues budgeted. Addilionally, Chapter 818 requires 70% of any increased TOT revenue generaled by a higher tax rate is committed to lourism promotion. Approprialions for tourism are based upon the following percenlages established in FY 2009-10 when lhe rale was increased from 7%-9%: 1. A minimum of 14.23% of lhe eSlimated TOT revenue 10 be generaled by lhe first 7% tax rate for tourism promotion per Chapler 818, 2. A minimum of 70% of the estimated TOT revenue 10 be generated by additional lax rates approved by Council on June 3, 2008 for tourism promolion per Chapter 818. ment Grants - Tourism $293,160 $110,000 $64,423 $14,375 $19,785 Ifthe actual TOT revenue, dedicated for Tourism, is in excess of the above allocations or if actual, qualifying expenditures in the year are less lhan the approprialed amounl, the additional or unused amounl(s) will be reserved for future Tourism relaled projecls or Capital Improvements lhal qualify per the state definilion as determined by Council. The remaining estimated TOT revenue (not reslricled by use) will be appropriated for olher uses lhrough lhe budgel process with the following priorilies and dollar amounts as minimums unless . ffi' II d . ft t" I' . I msu lClen ax procee s remam a er mee mg ounsm reqUlremen s: I sl Priorily General Fund operalions - the greater of 70% of Unrestricted $1,108,522 funds or 2nd Priorily City Economic Development program - the greater of 10% of $150,000 Unrestricted funds or , 3rd Priority City Granl program for FY 2012 $124,335 Economic Developmenl programs or other projecls are Cily activities unless otherwise specified by Council prior to the budget process. Council may delermine that such funds are available for Page 2 of 4 Economic granting purposes and they will then be made available for the coming budget process and allocation. If insufficient TOT revenues are generated for the above allocations, lhe highesl priority uses will receive their full allocalion before a lower priority allocation. Unrestricled TOT revenue unspenl in a budget year becomes part of lhe General Fund unrestricted ending fund balance unless otherwise determined by Cily Council. By January 31 of each year each recipienl of a granl shall submit a report 10 lhe cily council setting forth how the grant funds received were expended in furtherance of lhe goals sel forth in Section 2. ~ SECTION 4. The following requiremenls are established for the Economic and Cultural Development Granls: a) Granlee shall be a 50 I (c) non-profil agency. b) Granlee shall be a non-governmental agency. c) Granlee shall promole livability for lhe citizens of Ashland. d) The minimumgranl proposal will be $2,500. e) The grant will benefil Ashland in lerms of cultural enrichment and/or aClivilies of an economic nalure. f) Granlee shall serve lhe populalion in Ashland bul may encompass other venues in lhe Rogue Valley. Monies granted are inlended 10 be used for programs. or services performed or provided wilhin the Cily of Ashland or immediale areas. g) All Granlees shall provide an annual report 10 be eligible for fulure funding. SECTION 5. Resolulion 2010-06 is repealed upon passage oflhis resolution. SECTION 6. This resolution was duly PASSED and ADOPTED this 4!- / ~ ~W"ff'''"PO" ,i""e, bytl" M.y". Barbara Christensen, Cily Recorder , day of SIGNED and APPROVED this .2 day of !kL ,2011. Attachment: Page 3 of 4 Estimated dollar allocation for FY 2011-2012 only Revenue: Transient Occupancy Tax $ 1,884,600 Expense: Non Tourism: General Fund $ 1,108,522 Economic Development 150,000 Small Grants (minimum $12,500 for Sustainability) 124,335 Total Non Tourism $ 1,382,857 Tourism: Chamber of Commerce VCB $ 293,160 OSF 110,000 Small Grantees 84,423 Public Art 14,375 Qualifying City Projects or FY 2012 Grants 19,785 Total Tourism $ 501,743 Total Economic and Cultural Development Funding $ 1,884,600 Page 4 of 4