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Spokane Valley LTAC approves 2026 funding recommendations, transfers $447,000 to capital fund
Summary
The Spokane Valley Lodging Tax Advisory Committee (LTAC) on Oct. 29 approved its recommended 2026 lodging-tax awards and voted unanimously to transfer $447,000 from the 2% operating fund to the capital lodging-tax fund, reducing the pool of operating award money to $483,000.
The Spokane Valley Lodging Tax Advisory Committee (LTAC) on Oct. 29 approved its funding recommendations for the 2026 grant cycle and voted to transfer $447,000 from the city’s 2% operating lodging-tax fund (Fund 105) into the capital lodging-tax fund (Fund 104).
The unanimous transfer vote reduced the pool of 2% operating/marketing funds available for awards to $483,000, staff said. The committee then voted 4–1 to approve the recommended awards as displayed on the LTAC spreadsheet; one member objected to partial allocations and said they would have preferred either full funding or no funding for some applicants.
Why it matters: The transfer preserves additional capital resources for larger-ticket facility projects eligible under state law while ensuring a smaller operating/marketing pool this year. The LTAC makes funding recommendations; the City…
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