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128 County. The LTAC issues an annual call for competitive applications for the disbursement of funds for each year’s lodging tax revenue. The LTAC scores project applications based on established tourism- benefit scoring criteria, then ranks all submittals and submits funding recommendations with supporting information to the Kittitas County Board of Commissioners (BOCC). The BOCC may request additional information and presentations from the applicants before making a final decision on fund allocations for which the BOCC has final approval authority. § REET (Real Estate Excise Tax) – RCW 82.46 authorizes local governments to enact up to 0.25% of the annual sales for real estate for capital facilities. The Growth Management Act (GMA) authorizes another 0.25% for capital facilities. Revenues must be used solely for financing new capital facilities, or maintenance and operations at existing facilities, as specified in the capital facilities element of the adopted comprehensive plan or supplemental PROS Plan or this Yakima River Public Access Plan. The first and second REET may be used for: § The planning, construction, repair, rehabilitation, or improvement of parks and recreational facilities. In addition, the second REET may be used for: § The acquisition of parks and recreational facilities, or § The planning, acquisition, construction, repair, replacement, rehabilitation, or improvement of trails and river and/or floodway/flood control projects subject to certain limitations. § CF (Conservation Futures) - under provisions provided in recent state legislation, counties can elect to levy up to $0.065 per $1,000 of assessed valuation of all county properties to acquire shoreline and other open space lands. The monies can be used to acquire, but not develop or maintain open space conservation lands that are acquired using Conservation Futures funds. Conservation Futures revenues can be a major source of project monies for the acquisition of wildlife habitat, resource conservancies, portions of resource activity lands, and possibly portions of linear trail corridors. § LLL (Levy Lid Lift) – Proposition 747, the statutory provision limiting the growth of regular property taxes to 1.0% per year, can be waived by referendum approval of a simple (50%) majority of the county’s registered voters. Voters can approve a resetting of the property tax levy rate or of approving a special purpose limited duration (typically 6-9 years) dedicated property tax levy that adjusts the amount of revenue the county can generate. The new total revenue that can be generated by a resetting of the rate or of approving a special dedicated and limited duration levy will be subject to the 1.0% limitation, however, and the total amount of revenue and the resulting property tax rate will start to decline again in accordance with the Proposition. However, the adjusted rate and revenue can finance specific capital improvement projects – or programs that involve construction, maintenance, and operations aspects that a majority of the voters are willing to pay for under the adjusted rate or a specially approved levy. The resetting of the rate can be permanent, subject to the provisions of Proposition 747, or temporary, where the rate is adjusted until a specific amount of revenue has been generated to finance a project or program – whereupon the rate reverts to the original or a specified amount defined in the referendum. § LOSTax (Local Option Sales Tax) – may be levied up to 1% of all retail sales and uses to be used for new capital facilities, or maintenance and operations at existing facilities. Local governments that levy the second 0.5% may participate in the state’s sales tax equalization fund. The option sales tax assessment requires voter approval. § LOVLFee (Local Option Vehicle License Fee) - the Transportation Improvement Act (ESSB 6358 – RCW 82.80) authorizes countywide (no county levy) local option fees up to $15.00 maximum per vehicle registered in the county. Revenues are