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College Place LTAC lowers reserve to 15% and recommends $81,600 in grants to City Council
Summary
The College Place Lodging Tax Advisory Committee voted Nov. 6 to reduce its reserve from 20% to 15% and approved a set of recommended grants totaling about $81,600 to forward to City Council.
The College Place Lodging Tax Advisory Committee voted Nov. 6 to reduce its reserve from 20% to 15% and approved a set of 2026 funding recommendations that the City Council will consider as a single package.
The committee moved to lower the reserve — a contingency held against shortfalls in fourth-quarter lodging-tax receipts — after staff said the change would increase available allocations by about $4,800 to roughly $81,595. Committee members noted College Place uses single-year grants (unlike some nearby programs that issue two‑year awards) and framed the reserve as protection against lower-than-forecast revenue during October–December, which staff estimated at about $14,219.
The advisory body approved the following recommended grants to forward to City Council as one package: City of College Place Freedom Festival — $18,000; City event marketing (content…
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