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County weighs TLT allocation changes after state law shift; staff to propose repayment plan for $8M Hops payment
Summary
County staff briefed commissioners on how House Bill 4148’s move to a potential 50/50 tourism/non‑tourism split affects transient lodging tax (TLT) allocations and presented options to cover an $8 million Explore Tualatin Valley (ETV)/Hops stadium payment. The board signaled preference for adjusting an interfund‑loan repayment plan and asked staff for cash‑flow and legal analysis.
Washington County financial staff told commissioners that a recent state law change — House Bill 4148 — gives counties more flexibility in using transient lodging tax (TLT) revenue but that the practical effect depends on earlier, grandfathered TLT increments and existing contracts.
"House Bill 4148 changed the revenue usage ratios, allowing tourism going from a seventythirty to a fiftyfifty split," John Steiner, the county chief financial officer, said. Staff explained that some TLT amounts adopted before 2003 remain grandfathered and therefore are not entirely subject to…
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