2021-07-12-minutes-public-works-study-session

Home Browse Search

KITTITAS COUNTY DEPARTMENT OF PUBLIC WORKS PUBLIC WORKS — BOARD OF COUNTY COMMISSIONERS STUDY SESSION STAFF REPORT STUDY SESSION DATE: July 12, 2021 TOPIC: REET 2 ACTION REQUESTED: Direct Staff LEAD STAFF: Mark R. Cook RECOMMENDATION: Direct staff prepare enabling documents for Board consideration. BRIEFING SUMMARY: • The Prosecuting Attorney's (PA) Office has confirmed that the County can adopt REET 2 as a councilmatic action. • REET 2 can be used to finance County capital facility projects. • Public Works (PW) is ready to prepare a capital facility plan supporting recreation/tourism implementation. • Defining a sustainable funding source allows PW to develop the recreation/tourism 2022 capital facility budget. BACKGROUND: Several months ago, the PA affirmed that implementing REET 2 can be done by the Board on consent agenda. The recently adopted 2021 Kittitas County Recreation and Tourism Plan contains numerous recommendations for implementation. Projects identified within an adopted County capital facility plan may be funded by REET 2 revenue. DISCUSSION: Recently, the PA's office confirmed that REET 2 cannot be conditioned at some transaction threshold. Implementation of the tax is a yes or no decision. The Treasures' Office estimates potential annual revenue at approximately one million dollars (EXHIBIT 1). PW is prepared to develop a capital facility plan and budget for 2022 consideration. Staff desires knowing the Board's pleasure regarding REET 2 — schedule a public hearing or prepare enabling documents for Board consideration on July 20'', 2021. FISCAL IMPACTS: Supplemental revenues, upon REET 2 adoption, will be available supporting capital facility plan implementation. ATTACHMENTS: Exhibit 1: PW Memorandum dated 02/02/2021 Page 1 of 2 Public Works "Work Session Staff Report", 2021