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9129122, 12:22 PM LTAC Clerk Review <br />Future Plans *we have several cost recovery models in place, some of which are allowing for a <br />greater match in the events and marketing that can provide. For example, the cle <br />Elum Downtown Association has begun developing more opportunities for <br />business sponsorships. As our community grows, we are seeing more corporate <br />businesses, banking institutions, and others who are wanting to be recognized as <br />community partners and sponsors. our sponsorship opportunities have not only <br />grown in the number of sponsors, but also at the sponsorship level. <br />our investor program provides a broader donor opportunity with the intent to <br />encourage businesses, organizations, corporations, and individuals to supporl <br />their association through different donor levels. <br />The recent increase in Main Street Tax lncentive Program funding has enabled the <br />association to designate more funding for much needed increase in staff hours as <br />our events grow. ln turn this will help with in-house programming and marketing. <br />Additionally, the Board of Directors annually review budget to determine if there is <br />potential for increasing the Promotion's Committee budget for contractual support <br />with designing marketing and event informational materials that cannot be <br />completed in-house. <br />Through our collaboration with our partners, we are able to look at ways to co-fund <br />or share costs in producing activities and events. For example, this year <br />combining our needs for portable toilets, our association and the Kittitas County <br />Chamber were able to contract with an agency at a reduced rate, saving both <br />organizations money for this expense during Pioneer Day.This type of cost saving <br />discussions will continue as we co-market events with our partners. <br />2500 character limit <br />Application Questions: Part. 4 <br />6l Additional lnformation <br />Provide any additional information which will assist the Lodging Tax Advisory Committee in evaluating your <br />project and its benefit to tourism. <br />lf-app-16-03.co.kittitas.wa.us/Forms/form/submission/history/77506/85664?hideHeader=true 11t19