Departments of Communications and Engagement, and Finance
Reference: Lodging Tax Carryover Request
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Kristen Chernosky, Communications and Engagement Director
Catrina Asher, Finance Director
Date Prepared: February 20, 2024
PURPOSE
To have City Council vote on a resolution extending the timeframe for 12 months for Brighton Cultural Arts Commission’s use of the 2022 and 2023 grant allocations from the Lodging Tax Funds. The new deadline for use of these previously awarded amounts will be December 31, 2024.
BACKGROUND
On November 8, 2011, the voters of the City approved the imposition of a Lodging Tax to be effective January 1, 2012, in the amount of three percent on short term lodging of less than 30 consecutive days. The revenue from this tax can be used for the purpose approved by the voters for "economic development, special events, cultural arts facilities, advertising and marketing, and promoting tourism and other activities which utilize public accommodations within the City," as stated in Resolution 2011-89 and in Ordinance 2121.
In March 2022, the Council approved funding of $100,000 of grants to the Brighton Cultural Arts Commission (BCAC) with Lodging Tax Funds through Resolution 2022-24. In February 2023, the Council approved funding $120,000 worth of grants to Brighton Cultural Arts Commission with Lodging Tax Funds through Resolution 2023-19.
The Brighton Cultural Arts Commission is requesting to carryover $47,122 from their 2022 allocation to complete their H&R Block Mural which is already under contract and in progress as well as permanently place “Bobcat” sculpture in a city park. This sculpture was purchased by BCAC in December 2022. Additionally, the Brighton Cultural Arts Commission is requesting to carryover $30,00 from their 2023 allocation to complete a sculpture commemorating volunteers which will be placed in a City park in 2024. BCAC was awarded 2024 SCFD funding to complete this project, with the $30,000 designated as their match in the grant application.
Extending the timeframe on the use of the Lodging Tax Funds awarded in 2022 and 2023 another 12 months will allow the grantees more time to expend the unused funding awarded to them on the previously approved activities. All unused funds will expire on December 31, 2024.
FINANCIAL IMPACT
Extension of the timeframe on the use of the grants from the Lodging Tax Fund will only allow the grantees more time to expend the funding awarded through Resolution 2022-24 and Resolution 2023.19. The original funding amounts approved by Council through that resolution remain the same. If the proposed Resolution before Council is approved, the timeframe for use of the funds previously awarded will be extended to December 31, 2024, and all funds not expended by this new deadline will return to the Lodging Tax Funds account.
OPTIONS FOR COUNCIL CONSIDERATION
• Approve as presented
• Amend and approve as directed
• Deny
ATTACHMENTS
• Resolution Extending the timeframe for use of the 2022 and 2023 Lodging Tax Grants