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College Place panel sees roughly $68,546 available for 2026 LTAC awards; 20% reserve practice discussed
Summary
Commissioners reviewed early estimates of lodging-tax revenue for the 2026 award cycle ($68,546.11) and discussed a standing practice of maintaining a rolling 20% reserve, with staff to verify whether that reserve level is an internal policy or a statutory requirement.
Commissioners of the College Place Lodging Tax Advisory Commission reviewed early estimates of lodging-tax revenue for the 2026 award cycle and discussed how the commission manages reserves.
Staff reported the commission's estimated funding availability for 2026 at $68,546.11. "Our estimated amount for funding for the 20 26 LTAC funds are $68,546.11," a staff presenter said during the meeting. Commissioners…
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