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Proposed Funding
<br />pursuant to RCW 36.100.025, this independent financial feasibility review must examtne
<br />potential costs to be incurred by PFD and the adequacy of revenues or expected revenues to
<br />support project costs.
<br />Taxable Retail Sales
<br />ln 2024, which is the most current data available, Regular and Optional sales tax distributions
<br />throughout Kittitas County, including the cities of Cle Elum, Ellensburg, Kittitas, Roslyn, South
<br />Cle Elum and unincorporated Kittitas County, totaled close to $19'4M.14
<br />Utilizing applicable tax rates 'for 2024, taxable retail sales are estimated to have totaled $1.18.
<br />Overall, between 2O1g and 2024, estimated taxable retail sales grew at a compounded
<br />average annual rate of 7.46 percent.
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<br />2019 2020 2021
<br />$8,257,775
<br />1,337,737
<br />5,77 4,585
<br />182,478
<br />237,985
<br />53.O12
<br />$550,5 1 8,360
<br />89,1 82,469
<br />320,810,269
<br />12,165,183
<br />1 5,865,690
<br />3,534,1 1 5
<br />$992,0?6,086
<br />1. Regutar & Optional Sates Tax; Sourced from Kiftitas County Treasurer Office
<br />g Estjmated based on quarterty sales tax rates; Sourced from Washington State Deparlment of Revenue
<br />10. Kittitas County lJnicorporated Areas Q1 2019 - 2022 Local Rate.0.015; Q2 2022 - 2024 Local Rate 0 016
<br />1 1 Cle Etu m Q1 20 1 9 - 2a22 Local Rate: 0.01 5, Q2 2022 - 2024 Local Rate : 0 01 6
<br />t2 Elensburg Q1 2O1g - 2022 Locat Rate 0 018, Q2 2022 - 2024 Local Rate:0 419
<br />1 3 Kittitas Ql 201 9 - 2022 Local Rate 0 01 5; Q2 2022 - 2024 Local Rate: 0 01 6
<br />14. Roslyn Q1 2O1g - 2022 Local Rate;0 015; Q2 2022 - 2024 Local Rate 0 016
<br />1 5. South Cle Elum Q1 201 g - 2022 Local Rate. 0.01 5: Q2 2022 - 2A24 Lacal Rate 0.01 6
<br />*Compounded Annual Growlh Rale (2019-2024)
<br />Source: Kittitas County Treasurer Office, Washington State Departrent of Revenue, Johnson Consulting
<br />t16;843,5?2 t18,300,9s3 s'18,918,319 $19J372r483
<br />Sales Tax Distribution
<br />Kittitas County
<br />Cle Eium
<br />Ellensburg
<br />Kittitas
<br />Roslyn
<br />South Cle Elum
<br />Total Tax Distfibution
<br />Estimated Taxable Retail Sales
<br />Kittltas County
<br />Cle Elum
<br />Ellensbu rg
<br />Kittitas
<br />Roslyn
<br />South Cle Elum
<br />Estimat€d ?axable Retall Sslcs
<br />$6,332,144
<br />1,043,842
<br />5,105,787
<br />101,505
<br />199,344
<br />a) aqa
<br />$12,p15,576
<br />$422,142,933
<br />69,589,467
<br />283,654,833
<br />6,767,000
<br />1 3,289,600
<br />2 199 e33
<br />$797,6d0,7€7
<br />$6,546,5 1 9
<br />1 ,148,326
<br />5,07 4,277
<br />11 1 ,094
<br />185,139
<br />361 5.15
<br />s13,10'1,870
<br />$436,434,600
<br />76,555,067
<br />281,904,278
<br />7,406,267
<br />12,342,600
<br />2,434,333
<br />$817!0?7,'!'14
<br />2022
<br />$ 1 0,088,932
<br />1,451,s68
<br />6,242,500
<br />213,681
<br />252,670
<br />51 502
<br />2023
<br />$1 0,678,631
<br />'1,553,s09
<br />6,218,912
<br />158,317
<br />262,817
<br />43, 1 33
<br />2024
<br />$ 1 0,383,837
<br />1,628,425
<br />6,883,268
<br />1 62,569
<br />265,517
<br />49.261
<br />CAGR'
<br />t.4st^
<br />$641,067,554 $667,414,438 $648,989,813
<br />92,235,050 97,094,313 101,751,563
<br />333,1'15,863 327,311,158 362,277,263
<br />13.577,647 9,894,813 10,160,s63
<br />16,055,073 16,426,063 16,594,813
<br />3,272,523 ..2,695,813 3,079,188
<br />$1,0s9,323,709 s1,120,838,596 81,144863,201
<br />lJistoric Sales TaxGolleclions & Estirnated Taxable Retail Sales'
<br />Klttitas Gounty, WA (201'940241
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