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-_ pM1s��pes.--rp rtiF KITTITAS VALLEY EVENT CENTER <br />Home of the Kittitas County Fair and Ellensburg Rodeo <br />� <br />x}rrrrws S VALLEY ° 901 E. 71 Ave, Suite 1, Ellensburg, WA 98926 <br />� � <br />'I'141i' EventCenter@co.kittitas.wa.us <br />Office (509) 962-7639 <br />�. hlrrIrAS curs r►' Fax (509) 962-7010 <br />STUDY SESSION STAFF REPORT <br />AGENDA DATE: January 26, 2026 <br />AGENDA ITEM: Discussion and Direction on Capital Reserve 309 Fund Structure <br />BACKGROUND: After several years of reviewing Frontier Village operations in <br />collaboration with Matt Martin, Fair Board Frontier Village <br />Director, the Kittitas Valley Event Center (KVEC) has determined <br />that it would be beneficial for all donations received during the <br />Kittitas County Fair to be deposited into the 309 Fund designated <br />for Frontier Village. <br />The current structure of the 309 Fund is outlined below. <br />cM, <br />The proposed change would add a sub -division under Fair Activity, <br />or alternatively create a new division, specifically for Frontier <br />Village. The Event Center Director will work with the Kittitas <br />County Auditor's Office to identify the most appropriate option to <br />ensure clear deposit procedures and accurate tracking. <br />INTERACTION: Kittitas Valley Event Center <br />Kittitas County Fair Board <br />Kittitas County Budget and Finance <br />Board of County Commissioners <br />ACTION REQUESTED: Direction with support to proceed with full proposal on structure <br />change. <br />ATTACHMENT(S): None <br />LEAD STAFF: Kady Porterfield, CFE — Event Center Director <br />