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HomeMy WebLinkAbout2025, 11-05 Special Meeting PacketAGENDA SPOKANE VALLEY CITY COUNCIL SPECIAL MEETING Tuesday, November 5, 2025 5:00 P.M. Remotely via ZOOMMeeting and In Person at Spokane Valley City Hall, Council Chambers 10210 E. Sprague Ave. Spokane Valley, WA 99206 Council Requests Please Silence Your Cell Phones During Council Meeting NOTE: Members of the public may attend Spokane Valley Council meetings in -person at the address provided above, or via Zoom at the link below. Members of the public will be allowed to comment in -person or via Zoom as described below. Public comments will only be accepted for those items noted on the agenda as "public comment opportunity." Citizens must register by 4 p.m. the day of the meeting to provide comment by Zoom. Please use the links below to register to provide verbal or written comment. • Sign W to Provide Verbal Public Comment at the Meeting via Calling -In • Submit Written Public Comment Prior to the Meeting • Join the Zoom WEB Meeting ---------------------------------------------------------------------------------------------------------- CALL TO ORDER EXECUTIVE SESSION Review of a Public Employee [RCW 42.30. 1 10(l)(g)]. (Proposed motion: I move Council adjourn into executive session for approximately one hour to discuss the review of a public employee, and that no action will be taken upon return to open session.) INVOCATION PLEDGE OF ALLEGIANCE ROLL CALL APPROVAL OF AGENDA SPECIAL GUESTS/PRESENTATIONS: PROCLAMATIONS: GENERAL PUBLIC COMMENT OPPORTUNITY: This is an opportunity for the public to speak on any subject except agenda action items, as public comments will be taken on those items where indicated. Please keep comments to matters within the jurisdiction of the City Government. This is not an opportunity for questions or discussion. Diverse points of view are welcome but please keep remarks civil. Remarks will be limited to three minutes per person. If a person engages in disruptive behavior or makes individual personal attacks regarding matters unrelated to City business, then the Council and/or Mayor may end that person's public comment time before the three -minute mark. To comment via zoom: use the link above for oral or written comments as per those directions. To comment at the meeting in person: speakers may sign in to speak but it is not required. A sign -in sheet will be provided at the meeting. ACTION ITEMS: Council Agenda November 5, 2025 Page 1 of 2 1. Ordinance 25-016: First Read Property Tax Ordinance — Chelsie Walls 2. Motion Consideration: 2026 TPA Budget Proposal — Lesli Brassfield [public comment opportunity] NON -ACTION ITEMS: 3. Admin Report: Private Development Report — Jenny Nickerson 4. Admin Report: Legal Newspaper Discussion — Kelly Konkright, Marci Patterson 5. Admin Report: LTAC Application request — John Hohman 6. Admin Report: Fund 312 Discussion — Chelsie Walls INFORMATION ONLY (will not be reported or discussed): GENERAL PUBLIC COMMENT OPPORTUNITY: General public comment rules apply. COUNCIL COMMENTS MAYOR'S COMMENTS CITY MANAGER COMMENTS ADJOURNMENT Opm* :fPP X-LO U; . RLMOR Scan to access the meeting materials Council Agenda November 5, 2025 Page 2 of 2 CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: November 5, 2025 Department Director Approval: Check all that apply: ❑ consent ❑ old business ® new business ❑ public hearing ❑ information ❑ admin. report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: First reading of Ordinance #25-016 levying 2026 regular property taxes GOVERNING LEGISLATION: State law. PREVIOUS COUNCIL ACTION TAKEN: Through the 2026 Budget development process there have been discussions regarding the 2026 property tax levy including a public hearing that was held on September 23rd. This topic was also addressed on October 21 st through an administrative report on this single topic. BACKGROUND: Washington State Property Taxes Overview Taxing jurisdictions in Washington set a total levy amount through the budget process. Increases to this levy amount are generally limited by state law to 1 %. State law also sets maximum levy rates for each type of taxing jurisdiction. The levy rate is determined by dividing the total levy by the total assessed value of the taxing jurisdiction and then multiplying by 1,000. The assessed value is calculated at the county level, with Spokane County calculating the value for the City of Spokane Valley. As there are many different taxing jurisdictions, such as county, city, fire district, or library district, the county divides parcels into separate tax code areas (TCAs). TCAs are unique combinations of overlapping taxing district. The City of Spokane Valley includes six difference TCAs. Below is an example of the TCA that covers the largest area in the City based on the 2025 levy: TCA - 144 - Largest area in City Tax on Home Jurisdiction Rate $439, 000 Spokane County City of Spokane Valley Spokane Valley Fire District No. 01 Spokane Valley Fire District No. 01- Voted Spokane County Library District State School Central Valley School District -Voted Total 0.73476583 $322.56 $322.56 7.0% 0.78701234 $345.50 $345.50 7.5% 1.49971897 $658.38 $1,093.37 23.9% 0.99086577 $434.99 J- 0.33404453 $146.65 $146.65 3.2% 2.29326517 $1,006.74 $1,006.74 22.0% 3.79543760 $1,666.20 $1,666.20 36.4% 10.43511021 $4, 581.01 $4, 581.01 Senior and Disabled Property Tax Exemption Program State law allows for certain property tax exemptions for senior citizens and people with disabilities. There are various conditions that need to be met to qualify for the exemption, including age and/or disability, home ownership, home occupancy, and income thresholds. The attached Washington State Department of Revenue brochure has additional details regarding this program. The application for the exemption in Spokane County can be found on the County's website at https://www.spokanecounty.org/281/SeniorDisabled-Person-Tax-Exemption. The City of Spokane Valley has 2,694 parcels that qualify for this exemption in 2025, which result in a decrease to property taxes collected in the City of $388,057. 2026 Levy and Estimated Rate per $1,000 of Assessed Value • State law requires that the City pass an ordinance that establishes a property tax levy and per our 2026 Budget calendar, we are scheduled to adopt this legislation on November 18, 2025. • State law limits the increase in the property tax levy to the lesser of the increase in the Implicit Price Deflator (IPD), which is the specific measure of inflation used by the State for property tax increases, or 1%. The IPD rate for the 2026 tax year was just issued on September 26, 2025, and it is 2.44%, meaning that the City's allowed increase is limited to 1 % for 2026. • Our proposed 2026 property tax levy does not include the 1% increase allowed by State law which is equal to $$141,098. The levy will include property taxes on new construction. • With the passage of this ordinance, we estimate the City will collect between $14,269,387 (based upon the most recent Spokane County estimate) and $14,309,818 (based upon the City estimate). These estimates are computed as follows: Spokane County Update as of City Estimate 9/30/2025 Difference 2025 Actual Levy 14,109,818 14,109,818 0 + 0% Increase 0 0 0 2026 Levy after increase 14,109,818 14,109,818 0 + Estimated new construction 200,000 159,569 40,431 Total estimated 2026 Levy 14,309,8181 14,269,387 40,431 • The $40,431 difference between the two revenue figures is a result of the differences in the estimated new construction. • Because Spokane County figures are still preliminary and don't include administrative refunds and other adjustments, I recommend we stay with the City of Spokane Valley estimate. • The levy is based upon a September 30, 2025, preliminary estimate of assessed property values provided to the City by the Spokane County Assessor of $18,225,395,001. Historically about 33% of the City's assessed value is for commercial properties. • Total property tax revenue of $14,309,800 on preliminary assessed values of $18,225,395,001 will produce a levy of approximately $0.785157 per $1,000 of assessed value in 2026 ($14,309,800 / ($18,225,395,001 / 1,000) = $0.785157). • The 2026 estimated levy rate of $0.785157 per $1,000 is $0.001855 less than the 2025 levy rate of $0.787012. • It is important to note that this estimate is based upon the Assessor's latest preliminary projections of assessed value as of September 30, 2025. A change in any of the elements including assessed value, new construction estimate and/or a change in the amount of our proposed levy will change the levy rate per $1,000. Banked Capacity Banked capacity is the difference between what the City could levy (the Highest Lawful Levy) and what it actually does. In any case, the City of Spokane Valley's maximum levy rate is $1.60 per $1,000 of assessed value. Any amount levied that is less than the Highest Lawful Levy represents "banked capacity." Included in the analysis below is history of Spokane Valley levies including seven years of actual figures (2019 through 2025) and a preliminary estimate for 2026: A B C D E F G H I Highest Maximum Banked Levy Taxable Lawful Actual Total Levy Rate Levy Rate Levy Rate Banked Year Value Levy Levy Refund Le er $1,000 per$1,000 er$1,000 Capacity (= C + D) (= E/(A/1,000)) (=I/(A/1,000)) (= B - C) 2025 assessment for 2026 $18,225,395,001 $15,648,827 $14,309,800 $0 $14,309,800 $0.785157 $1.60 $0.814843 $1,339,027 2024 assessment for 2025 $17,928,330,843 $15,335,899 $14,031,079 $78,739 $14,109,818 $0.787012 $1.60 $0.812988 $1,304,820 2023 assessment for 2024 $17,533,706,897 $14,961,210 $13,763,703 $42,299 $13,806,002 $0.787398 $1.60 $0.812602 $1,197,507 2022 assessment for 2023 $16,292,740,920 $14,594,457 $13,499,669 $43,226 $13,542,895 $0.831223 $1.60 $0.768777 $1,094,788 2021 assessment for 2022 $12,919,694,944 $14,122,703 $13,124,140 $45,001 $13,169,141 $1.019307 $1.60 $0.580693 $998,563 2020 assessment for 2021 $11,553,065,482 $13,587,607 $12,709,175 $15,745 $12,724,920 $1.101432 $1.60 $0.498568 $878,432 2019 assessment for 2020 $10,200,357,539 $13,146,196 $12,382,505 $16,721 $12,399,226 $1.215568 $1.60 $0.384432 $763,691 2018 assessment for 2019 $9,351,389,045 $12,817,947 $12,051,459 $130,977 $12,182,436 $1.302741 $1.60 $0.297259 $766,488 Note: Figures reflected for the 2026 levy are preliminary and subject to change. The taxable value is the prelminary estimate provided by the Spokane County Assessor as of September 30, 2025. We have estimated the highest lawful levy and banked capactiy based on prior year. Generally speaking, there is a direct relationship between the Taxable Value listed in column A, and the Banked Capacity in columns H and I. In other words, as the Taxable Value increases the Banked Capacity also increases. Alternatively, though, there is an inverse relationship between the directions of the Taxable Value in column A and the Levy Rate per $1,000 in column F. In other words, as the Taxable Value increases (as is the case in 2026) the Levy Rate per $1,000 decreases. Essentially what occurs in this case is that even though the Levy Rate per $1,000 may decrease, the actual amount paid by a property owner may not change significantly because the value of the property has increased. By the same token, as the economy declines and Taxable Values decrease, the Levy Rate per $1,000 will likely increase. In the years the City does not levy the increase in property tax revenue that is allowed by State law (the lesser of the increase in the IPD or 1%), that potential increase is "banked" for potential future use. The banked capacity can be accessed by the City through the annual property tax levy ordinance adopted by the Council. However, the City may only take the banked capacity up to a level where the levy rate per $1,000 of assessed value does not exceed $1.60. Accessing the banked capacity does not mean we can go back in time and collect the property taxes we've left behind. It simply means we can reset the base upon which the calculation is made. OPTIONS: Passage of an ordinance is required by law to levy 2025 property taxes; proceed to second reading of ordinance with or without modifications. RECOMMENDED ACTION OR MOTION: Move to advance Ordinance #25-016 levying regular property taxes for 2026, to a second reading. BUDGET/FINANCIAL IMPACTS: This ordinance levies property taxes for the City's 2026 Budget where we anticipate property tax revenues to be approximately $14,309,800 or 20.86% of total General Fund recurring revenues of $68,586,300. STAFF CONTACT: Chelsie Walls, Finance Director ATTACHMENTS: Proposed Ordinance No. 25-016 Levying 202 Regular Property Taxes Property Tax Exemption Brochure — Washington State Department of Revenue DRAFT CITY OF SPOKANE VALLEY SPOKANE COUNTY, WASHINGTON ORDINANCE NO.25-016 AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY, WASHINGTON, LEVYING THE REGULAR PROPERTY TAXES FOR THE CITY OF SPOKANE VALLEY, WASHINGTON FOR THE YEAR COMMENCING JANUARY 1, 2026, TO PROVIDE REVENUE FOR CITY SERVICES AS SET FORTH IN THE CITY BUDGET, AND OTHER MATTERS RELATING THERETO. WHEREAS, the City Council of the City of Spokane Valley has met and considered its budget for the calendar year 2025; and WHEREAS, the City's actual levy amount from the previous year was $14,109,817.60; and WHEREAS, the population of the City is more than 10,000. NOW, THEREFORE, the City Council of the City of Spokane Valley, do ordain as follows: Section 1. Property Tax Levy - An increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2026 tax year. The dollar amount of the increase over the actual levy amount from the previous year shall be $0.00 which is a percentage increase of 0.0% from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, solar, biomass, and geothermal facilities, any increase in the value of state assessed property, increment value, any annexations that have occurred, and refunds made. Section 2. Transmittal of Budget. A complete copy of the budget as adopted, together with a copy of this Ordinance, shall be transmitted by the City Clerk to the Division of Municipal Corporations in the Office of the State Auditor, and to the Association of Washington Cities. Section 3. Severability. If any section, sentence, clause or phrase of this Ordinance shall be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause, or phase of this Ordinance. Section 4. Effective Date. This Ordinance shall be in full force and effect five days after the date of publication of this Ordinance or a summary thereof in the official newspaper of the City. PASSED by the City Council this day of 12025. ATTEST: Marci Patterson, City Clerk Approved As To Form: Office of the City Attorney Pam Haley, Mayor Date of Publication: Effective Date: Ordinance 25-016 Levying 2026 Property Taxes Page 1 of 1 Property Tax Exemption for Senior Citizens and People with Disabilities Washington state has two property tax relief programs for senior citizens and people with disabilities. This brochure provides information for the property tax exemption program. For information about the property tax deferral program, see the Property Tax Deferral for Senior Citizens and People with Disabilities brochure. Overview The property tax exemption program benefits you in two ways. First, it reduces the amount of property taxes you are responsible for paying. You will not pay excess levies or Part 2 of the state school levy. In addition, depending on your income, you may not need to pay a portion of the regular levies. Second, it freezes the taxable value of the residence the first year you qualify. This means that the levies you pay will be based on the frozen value not the market value. The property tax exemption program is based on a rolling two-year cycle. Year one is the assessment year. Year two is the following year and is called the tax year. As examples, 2019 is the assessment year and 2020 is the r Arm 7 tax year. 2020 is the assessment year and 2021 is the tax year. An applicant must meet all qualifications in the assessment year to receive property tax relief in the tax year. Qualifications The exemption program qualifications are based off of age or disability, ownership, occupancy, and income. Details of each qualification follows. Age or disability By December 31 of the assessment year, you must be any of the following: • At least 61 years of age. • At least 57 years of age and the surviving spouse or domestic partner of a person who was an exemption participant at the time of their death. • Unable to work because of a disability. g A disabled veteran with a service -connected evaluation of at least 80% or receiving compensation from the United States Department of Veterans Affairs at the 100% rate for a service -connected disability. Ownership You must own your home by December 31 of the assessment year. Qualifying types of ownership are in fee, as a life estate (including a lease for life), or by contract purchase. If you own a share in a cooperative housing association or if a government entity owns your residence and/or land, it may also qualify. The exemption is limited to the residence, which may include one accessory dwelling unit, and one acre of land. Certain zoning or land -use regulations may allow additional acreage. A home jointly owned by a married couple, registered domestic partners, or co -tenants is considered wholly owned by each joint owner. A co -tenant is a person who has an ownership interest in your home and lives in the home. Only one joint owner needs to meet the age or disability qualification. Occupancy You must occupy your home for more than six months in the assessment year. You may continue to qualify even if you spend time in a hospital, nursing home, boarding home, adult family home, or home of a relative. However, a residence used as a vacation home is not eligible. Income Thresholds The income threshold to qualify for this exemption is the greater of the previous year's threshold or 70% of the county median household income. County specific thresholds can be found at dor.wa.gov/incomethresholds. Combined disposable income includes your disposable income plus the disposable income of your spouse or domestic partner and any co -tenants. Combined disposable income does not include income of a person who: • Lives in your home but does not have ownership interest (except for a spouse or domestic partner). However, you must include any money that person contributes to the household expenses. • Does not live in the home but has ownership interest. If another person(s) has ownership interest, but does not live in the home, only your percentage of interest will qualify for the exemption. Calculating disposable income Disposable income includes income from all sources, even if the income is not taxable for federal income tax purposes. Some of the most common sources of income include: • Social Security and Railroad Retirement benefits. • Military pay and benefits. • Veterans benefits except attendant -care payments, medical -aid payments, veteran's disability compensation, and dependency and indemnity compensation. • Pension receipts. Include distributions from retirement bonds and Keogh plans. Include only the taxable portion of Individual Retirement Accounts (IRA's). • Business or rental income. You cannot deduct depreciation. • Capital gains other than the gain from the sale of your residence that was reinvested in another residence within one year. • Capital, business, or rental losses cannot be deducted or used to offset gains or other income. • Annuity receipts. • Interest and dividend receipts. If you have questions about your sources of income, contact your county assessor. Deductions from disposable income After combining the disposable income of yourself, your spouse/domestic partner, and any co -tenants, deduct non -reimbursed amounts paid by you or your spouse/ domestic partner for: • Living in a nursing home, assisted living facility, or adult family home. • Prescription drugs. • In -home care that is similar to the care you would receive in a nursing home. In -home care includes: • Medical treatment. • Physical therapy. • Household care. • Personal care. Personal care includes assistance with: • Preparing meals. • Getting dressed. • Eating. • Taking medications. • Personal hygiene. • Premiums for Medicare Parts A, B, C, and D. • Premiums for Medicare supplemental policies (Medigap). • Durable medical and mobility enhancing equipment. • Prosthetic devices. • Medically prescribed oxygen. • Long-term care insurance. • Cost -sharing amounts (amounts applied to your health plans out of pocket maximum amount). • Medicines of mineral, animal, and botanical origin if prescribed, administered, dispensed, or used in the treatment of an individual by a naturopath licensed in Washington. • Cstomic items. • Insulin for human use. • Disposable devices used to deliver drugs for human use. 19 Property tax levies eligible for exemption There are three levels of exemption depending on your final calculated combined disposable income. Level 3 - You are exempt from paying excess levies and Part 2 of the state school levy. Generally speaking, excess levies are the voter -approved levies. Level 2 - You are exempt from paying excess levies, Part 2 of the state school levy, and regular levies on $50,000 or 35% of the assessed taxable value, whichever is greater (but not more than $70,000 of the taxable value). * Level 1 - You are exempt from paying excess levies, Part 2 of the state school levy, and regular levies on $60,000 or 60% of the assessed taxable value, whichever is greater. Applying for the exemption Your county assessor administers the exemption program and is responsible for determining if you meet the qualifications. Applications and supporting documents for each qualification are due by December 31 of the assessment year. The county assessor may accept late applications. If your county assessor approves your application, they will notify you when it is time to submit a renewal application. However, if you have a change in your qualifications before a renewal application, you need to notify your county assessor. If your county assessor denies your application, they will notify you in writing. You may appeal the assessor's decision to the county Board of Equalization. The county Board of Equalization must receive your appeal by July 1, or within 30 days of when the denial was mailed, whichever date is later. Refunds for prior years If you paid prior years' taxes because of a mistake, oversight, or a lack of knowledge about this program, you may be eligible for a refund. You must meet all of the qualifications for the exemption as if you had applied at the time the application was due. You must submit separate applications for each of the tax years. In order to receive a refund, you must file the applications within three years of the date the taxes were due. Refunds will not be made beyond the three year period. Laws and rules Revised Code of Washington (RCW Chapter 84.36.379- 389—Exemptions (Property Tax). Washington Administrative Code (WAC) Chapter 458- 16A-100 through 150—Senior Citizen/Disabled Persons Property, Tax Exemptions. Questions, more information, request an application If you have questions regarding the property tax exemption program, application form, or the application process, contact your local county assessor's office. 01A0* Department of Revenue �- Woshington State dor.wa.eov This material is intended for general information purposes and does not alter or supersede any administrative regulations or rulings issued by the Department of Revenue. To request this document in an alternate format, please complete the Accessibility Request Form or call 360-705-6705. Teletype (TTY) users please dial 711. PT0017 09/23/2024 CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: Nov. 5, 2025 Department Director Approval: Check all that apply: ❑ consent ❑ old business ® new business ❑ public hearing ❑ information ❑ admin. report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: 2026 TPA Budget & Work Plan — Expenditure Proposals GOVERNING LEGISLATION: Chapter 3.21 SVMC, RCW 35.101 PREVIOUS COUNCIL ACTION TAKEN: • On Oct. 29, 2024, staff provided an administrative report to Council requesting to utilize 2025 TPA revenue up to $875,000 for 116 & West to provide destination marketing services, and up to $400,000 for Spokane Sports to provide sports recruitment and marketing services. By consensus, Council requested that city staff bring forth a motion to authorize the City Manager or his designee to amend the existing contracts with 116 & West and Spokane Sports to reflect these 2025 services. • On Nov. 12, 2024, Council approved a motion to utilize 2025 TPA revenue up to $875,000 for 116 & West to provide destination marketing services, and up to $400,000 for Spokane Sports to provide sports recruitment and marketing services. • On Aug. 21, 2025, the TPA Hotel Commission approved a recommendation to City Council to commit $1,325,000 in 2026 TPA funds for destination marketing and event recruitment services. This budget is based on projected tourism travel and historical revenue generation. In addition, the Commission recommended that $450,000 in carryover TPA funds from 2025 be added to 2026 funds, resulting in a total 2026 budget of $1,775,000. The Commission also recommended that the 2026 Work Plan include: o Agreements with 116 & West and Spokane Sports be amended to extend their services into 2026. o Utilize a portion of TPA revenue in 2026 to establish and implement an "Opportunity Fund" to support marketing of event and venues in the City. o Utilize a portion of funding to support the purchase of technology services to support tourism initiatives. • On Sept. 9, 2025, City Council heard a presentation regarding the proposed 2026 TPA Budget of $1,775,000 and 2026 Work Plan to utilize current contracted consultants for destination marketing and sports marketing and recruitment; develop an Opportunity Fund to help market events and venues in the City; and purchase technology services to research and provide data regarding events and tourism initiatives. Council recommended by consensus that staff bring forth a motion to approve the 2026 TPA Budget and Work Plan as presented. • On Sept. 16, 2025, Council approved a motion to approve the 2026 TPA Budget of $1,775,000 and a Work Plan that outlined the intent to utilize current contracted consultants for destination marketing and sports recruitment and marketing services; develop an Opportunity Fund; and purchase technology services to support tourism initiatives in 2026. • On Sept. 25, 2025, the TPA Hotel Commission, by consensus, recommended that city staff develop a budget that utilizes $250,000 of 2026 TPA revenue to establish the Opportunity Fund; up to $30,000 to purchase technology services; and the remaining 2026 TPA revenue support destination marketing and sports recruitment and marketing services. On Oct. 16, 2025, the TPA Commission heard 2026 marketing proposals from consultants 116 & West and Spokane Sports, and updated information from city staff regarding development of the Opportunity Fund. The Commission, by motion, unanimously recommended that City Council approve the following distribution of 2026 TPA revenue: $170,000 to establish the Opportunity Fund and allow the TPA Commission to have authority to administer those funds; up to $30,000 to purchase technology services; $875,000 to 116 & West for destination marketing; and $700,000 to Spokane Sports for sports recruitment and marketing services. On Oct. 28, 2025, city staff provided an administrative report to Council regarding the recommended 2026 work plan to use TPA revenue up to $30,000 to purchase place - based and visitor spend technology services; $170,000 to develop an Opportunity Fund, and grant the TPA Hotel Commission administrative authority to review applications and award these funds; $875,000 for 116 & West to provide destination marketing services; and $700,000 for Spokane Sports to provide sports recruitment and marketing services. By consensus, Council requested that city staff bring forth a motion to authorize these recommended expenditures. BACKGROUND: City Council approved the 2026 TPA Budget of $1,775,000 and a Work Plan on Sept. 16, 2025. The Work Plan identified these intended strategies: ■ Develop an Opportunity Fund that will drive overnight lodging in Spokane Valley hotels; leverage proven events as demand generators; focus on specific target markets (sports, small conventions, etc.); support events that occur in the `shoulder' or off season ■ Purchase geo-location (place -based) and visitor spending technology services to support tourism marketing in 2026 ■ Extend existing service agreements with consultants to provide 2026 destination marketing services and sports recruitment and marketing services. On Sept. 25, 2025, city staff met with the TPA Hotel Commission to discuss in more detail the division of the 2026 TPA budget. City staff led commissioners through a process to establish consensus regarding funding to establish the Opportunity Fund, and core eligibility criteria for applications and awarding of funding. By consensus, the Commission approved placing $250,000 into the Opportunity Fund. Staff also sought consensus from the commission regarding the purchase of technology services. The Commission, by consensus, approved allocating up to $30,000 to purchase technology services. In addition, commissioners discussed a staff proposal to divide consulting funds by a defined percentage in 2026 and/or into the future, but commissioners expressed a preference to maintain flexibility each year to modify consultant expenditures based on tourism needs and marketing presentations. Commissioners recommended that the consultants develop proposals for 2026 revenue using their 2025 TPA award as a baseline for services. City staff informed commissioners that consultants 116 & West and Spokane Sports would provide 2026 funding proposals at the October commission meeting, and staff would return with more detail regarding the implementation of the Opportunity Fund. On Oct. 16, 2025, city staff reviewed the Opportunity Fund core eligibility criteria that commissioners outlined in September, as well as additional application procedures and contractual procedures that applicants would need to meet per city requirements, such as liability insurance coverage. Commissioners and city staff discussed the need to have eligibility criteria defined in city code, and to follow existing city procedures for administering opportunity funds, awarding funding and developing contracts. City staff proposed that the Commission be allowed to administer the Opportunity Fund — which would provide a nimbler response to time - sensitive applications for funding — and commissioners indicated approval for that approach. City staff clarified that the Council would need to grant the Commission administrative authority to review Opportunity Fund applications and make awards based on specific criteria, and the criteria would need to be outlined in the Spokane Valley Municipal Code (SVMC) through a code text amendment approved by City Council. Commissioners also heard proposals from 116 & West and Spokane Sports to utilize TPA revenue in 2026. Each scope and fee proposal outlined detailed marketing services based on tiered funding levels. After Q & A with the consultants, commissioners unanimously approved the following recommended expenditures for 2026 TPA revenue to City Council: • Recommend that City Council place $170,000 of 2026 TPA revenue into an Opportunity Fund to distribute funding to destination events and venues based on the recommended criteria, and grant the Hotel Commission administrative authority to review applications and award funding. • Recommend that Council approve up to $30,000 in 2026 TPA revenue to purchase technology services to assess tourism initiatives as presented, and • Recommend that City Council authorize the City Manager or his designee to utilize 2026 TPA revenue to execute a contract amendment up to $700,000 with Spokane Sports for sports recruitment and marketing services, and a contract amendment up to $875,000 with 116 and West for destination marketing services. Staff provided an administrative report to Council on Oct. 28, 2025, to use TPA revenue up to $30,000 to purchase place -based and visitor spend technology services; $170,000 to develop an Opportunity Fund, and grant the TPA Hotel Commission administrative authority to review applications and award these funds; $875,000 for 116 & West to provide destination marketing services; and $700,000 for Spokane Sports to provide sports recruitment and marketing services. By consensus, Council requested that city staff bring forth motions to authorize these recommended expenditures. OPTIONS: • Motion to authorize that $170,000 of 2026 TPA revenue be placed into an Opportunity Fund to distribute to destination venues and events based on presented criteria that will be approved by City Council and adopted in the SVMC; and grant the Spokane Valley TPA Hotel Commission administrative authority to review Opportunity Fund applications and award funding, or take other action. • Motion to authorize the City Manager or his designee to utilize 2026 TPA revenue to execute 1) a contract up to $30,000 to purchase geo-location and visitor spending technology services 2a) a contract amendment up to $700,000 with Spokane Sports for 2026 sports recruitment and marketing services and 2b) a contract amendment up to $875,000 with 116 & West for 2026 destination marketing services, or take other action. RECOMMENDED ACTION OR MOTION: • Motion to authorize that $170,000 of 2026 TPA revenue be placed into an Opportunity Fund to distribute to destination venues and events based on presented criteria that will be approved by City Council and adopted in the SVMC; and grant the Spokane Valley TPA Hotel Commission administrative authority to review Opportunity Fund applications and award funding. Motion to authorize the City Manager or his designee to utilize 2026 TPA revenue to execute 1) a contract up to $30,000 to purchase geo-location and visitor spending technology services 2a) a contract amendment up to $700,000 with Spokane Sports for 2026 sports recruitment and marketing services and 2b) a contract amendment up to $875,000 with 116 & West for 2026 destination marketing services. BUDGET/FINANCIAL IMPACTS: Expenditures of $1,775,000 to support TPA programs will come from Fund 109 — Tourism Promotion Area Fund. The city's Finance Department is projecting TPA revenues of about $1,300,000 in 2026, and approximately $450,000 in in reserve funds will be carried over into the 2026 budget due to excess revenues over budgeted amounts collected in prior years. STAFF CONTACT: Lesli Brassfield, MPA, Tourism and Marketing Manager Community and Economic Development Department ATTACHMENTS: None CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: November 5, 2025 Department Director Approval: ❑ Check all that apply: ❑ consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: Building Construction & Development; 2025 construction season recap GOVERNING LEGISLATION: N/A PREVIOUS COUNCIL ACTION TAKEN: N/A BACKGROUND: Building Official Jenny Nickerson will be presenting a brief review of construction and development projects of note throughout the City of Spokane Valley. OPTIONS: N/A; info -only report RECOMMENDED ACTION OR MOTION: N/A; info -only report BUDGET/FINANCIAL IMPACTS: N/A STAFF CONTACT: Jenny Nickerson, Building Official ATTACHMENTS: PowerPoint Presentation a L Q x N A A A A A O O a=+ 1 -O O O O � i 1 U O + co a=+ N CL O i d O cc 0L cn cn U O cc LO LL bA O 2 N U O Q N U O O U O _O N (6 N ti N (.0 U LO M O Q lao in O O co O cl E Co cc cn_ cc 0 I` 7 v cc N cc bA O O N cc I O O O O Y U U) r-I N ■ IN O O 4ma IN MINIM 1 JI c 1 (6 cc � U ■ _C1 C ct a� a� cc 0 O Q tivo U � O co cn O c = O co U U cc Q � O cc L -1 N =3 c cB -0 tiiA N � � O cc N � A +� Q Q } Cc 0 o (B m I � CaA ate-+ a� 00 c_n cc W Q a— H J Q cI co m (D C � U O N � E U) N � 0 � U I (B � ay-+ cn ��-1 O CaA Cc o m Cc cc N y I N i Cl O cc -0 _ +� cn co � N co (� (� c I a Q L L a> c U) U) E U (D U) co O I- co (D c U) 4--1 O X (D Q D 00 m I U) X Q U LU m m U) 0 cB i c O 4 U) E wa) o U) U co +�-1 co 4--1 O N I O U) D ■ w O s 3 O 0 U) 0 � o O o U co O U N CO :Lj � O U i U O O C6 cn O Q i (n D 0 U �+ m `(D cB 4-j E ( F4-j � �A - O m O � �O 1�A C6 70 Q ) C U N a� U)� o o x 0 o ri CO 4 o O E a� � 70 -j cn Q � U)CL v (D M o }, coc� U i Q m 4-j U) 70 — � O w = Q can U U U 1aA O C6 Q i Q O � O 4o O U co Q _0 a--+ c c co U O N co 4-jcB w I-.- � Q co X 4-1 U O U i ate_ � N o O a� o U o � o O 0 U o o � U � � O O � o O U � O_ o *� co U �O Q Q O d) N Z3 Ln Q z a=+ Q )OLO E L � Q Q U) C 06 O o U) �_ 0 C CL- � O O O _0 L _0 c N O Z i E O O a- w W Q Q) o U) 0 � o � s I- o Q � O 0 U) O a) coo u ) z Z ■ ■ 00"M**s cz O ■ _ �J muftft i ■I O L Oft �J muftft O (1) LO Oft 4ma LO N O N O U O O L c� CD PI U O U — U J J o U J U CD 4-0 cn C: U O cn U O cn U J U 2 E E E N Lq N N (B c m75 : m W W Z IT— m CO N O IT- m N O M M IT- IT- IT- C L Q x E c/ U W }' cu O Q. cn > � O U (U) 4-0 c m 06 > cu cu ' (1) Z:) 0 00 W O N It L V L O N (B U U) CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: November 5, 2025 Department Director Approval: Check all that apply: ❑ consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. report ❑ pending legislation ❑ executive session AGENDA TITLE: Official Newspaper for Spokane Valley. GOVERNING LEGISLATION: RCW 65.16.020 Qualifications of legal newspaper: PREVIOUS COUNCIL ACTION TAKEN: December, 2002, Council approved Resolution No. 02-11 designating the Spokesman Review as the City's official newspaper, and authorized the City Manager to execute a one-year contract with The Spokesman Review for legal advertising services. March 16, 2004 study session: the differences between the Valley News Herald and Spokesman Review were discussed. At the March 23, 2004 regular meeting, Council approved Resolution 04-006 designating the Valley News Herald as the official newspaper; and there was Council consensus to bring this matter back for discussion in a year. December 7, 2004 study session: It was Council consensus to stay with the Valley News Herald and review the issue again the following year, and at the December 6, 2005 meeting, Council determined there was no need to continue the annual review. October 31, 2017 study session: After The Exchange qualified as a legal newspaper, staff provided an administrative report to Council comparing The Exchange to the Valley News Herald and Spokesman Review. Council consensus at the time was to keep the Valley News Herald as the official newspaper of the City. BACKGROUND: Council's last review of the official newspaper designation was 8 years ago. Staff are providing updated information regarding the current circulation rates, cost, and other details regarding each newspaper for Council to consider whether to keep the Valley News Herald or designate either the Spokesman -Review or The Exchange as the City's official newspaper moving forward. Newspaper Options: Spokesman Review (Spokesman): since the paper publishes daily, there are more options for publication dates thus making it easier to meet deadlines and continue departmental efficiency for projects. They also have a much greater circulation than the other local newspapers. It costs slightly more to publish in the Spokesman than the smaller circulations, however the number of subscriptions for the Spokesman each day is roughly 44,000 compared to the Herald at 650 weekly readers. The Spokesman previously had special "Valley View editions" with reduced publication rates on Thursdays and Saturdays but has since reduced that to Thursdays only. Legal notices must be received at least two days prior to publication if publishing on Monday through Saturday, or Friday by 5 pm for the Sunday edition. The Spokesman was the City's official newspaper from the date of incorporation (March 31, 2003) until March 23, 2004 when the City switched to the Valley News Herald as its official newspaper. The Spokesman's normal course of action is to have contracts executed with local jurisdictions that select them as their official newspaper. The Spokesman is offered both electronically and in print for Sunday — Friday (the Saturday paper is only offered electronically). Our Legal notices would be generated in both the print and electronic versions of the newspaper to allow for more views at no additional cost. Valley News Herald (Herald): the Herald publishes weekly on Fridays, (although we generally get our copies on Thursday afternoons), often forcing staff to schedule deadlines further out than otherwise necessary in order to meet publication deadlines. The Herald has far less of a circulation than the Spokesman, but does cost slightly less. Notices must be received by the Herald by Tuesday noon of the same week. The paper is mailed to subscribers, with rack copies also available at various locations throughout the City. The Herald has been the City's official newspaper since March 23, 2004. Until August 2025, the Herald was only available in a printed format. In August an electronic option for legal notices was provided in the Cheney Free Press online for an additional cost of $5 per notice. The Exchange: is an independently owned company that distributes Spokane Exchange, Eastern Washington's free weekly classified newspaper distributed regionally throughout northeastern Washington and north Idaho. The paper publishes weekly on Thursdays and notices must be received by the newspaper by noon Wednesday. Other than our legal publications, most legal notices published in the Exchange are from law firms advertising estate and probate notices, or notices to creditors. They do not have subscribers as their distribution is demand distribution on racks. OPTIONS: Discussion: (1) Advise staff to draft a resolution changing the official newspaper to The Spokesman Review and to include that resolution on an upcoming Council agenda; or (2) take other action as appropriate. RECOMMENDED ACTION OR MOTION: Discussion; consensus to (1) Advise staff to draft a resolution changing the official newspaper to The Spokesman Review and to include that resolution on an upcoming Council agenda. BUDGET/FINANCIAL IMPACTS: SPOKESMAN REVIEW: NON Contracted Rates: Daily Line rate for 1st run: $4.21 daily; $4.66 Saturday/Sunday Column inch 1st run: $58.94 Column inch additional run: $58.94 City of Spokane and Spokane County contracted rates: Print Rates (MID = multiple insertion discount) 1st Insertion ................... Earned Rate ............... $1.57 per line 2nd Insertion .................. 20% MID ................... $1.26 per line 3" Insertion ................... 30% MID ................... $1.10 per line 4t1' Insertion ................... 50% MID ................... $0.79 per line 5' Insertion ................... Earned Rate................. $1.57 per line First affidavit is free. Each additional affidavit is $2.00. Electronic notification included in insertion rates. SPOKANE EXCHANGE: Daily Line rate for 1st run: 1.05¢ per line week one; .99¢ per line weeks two and more Affidavits are not requested from the Exchange VALLEY NEWS HERALD: Daily Line rate for I't run: (measured by agate line*) .900 for I't line; .85¢ subsequent lines Affidavits $5.00 & Electronic (Online viewing) Fee $5.00 for each insertion Staff made numerous attempts to get a contracted rate from the Herald and were never provided with contracted rates. Currently, there is not a contract for services or for a rate reduction with the Herald. STAFF CONTACT: Kelly Konkright, City Attorney; Marci Patterson, City Clerk ATTACHMENTS: List of Official Publications (from Spokane County's Website) List of Official Publications In the Matter of Approving Legal Newspapers - Official Papers for Publication RCW 65.16.020 Name of Paper Address Date of Date Notices Must Be Publication Received Cheney Free Press 1616 W 1st Street Thursday Tues - 10 a.m. (Times Publishing Company) Cheney, WA 99004 509-235-6184 Spokesman -review 999 W Riverside Daily Sam - 5pm. Spokane, WA 99201 Sunday Friday - 5pm 509-459-5000 The Tribune 104 N Main Wednesday Friday Case #2-107003 Deer Park, WA 99006 509-276-5043 Official Gazette of the City of 808 W Spokane Falls Wednesday Thursday - Noon Spokane Spokane, WA 99201 509-625-6350 Valley News Herald 523 N Pines Friday Tuesday - Noon Spokane, WA 99206 509-924-2440 Liberty Lake Splash 23515 E Maxwell Court Wednesday Unknown Liberty Lake, WA 99019 North Palouse Journal 33 W Emma Street Unknown Unknown P.O. Box 289 Rockford, WA 99030-0289 The Exchange 5111 E. Trent Avenue Thursday Wednesday - Noon Spokane, WA 99212 509-922-3456 The Inlander 1227 W Summit Parkway Thursday Unknown Spokane, WA 99201 (https: //www. spokanecounty. orgl2l28/List-of-Of cial-Publications) CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: November 5, 2025 Department Director Approval: Check all that apply: ❑ consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: LTAC Applications for proposed ice sports facility GOVERNING LEGISLATION: N/A PREVIOUS COUNCIL ACTION TAKEN: Council heard administrative reports on the Innovia Foundation Ice Sports Facility Proposal on August 19, 2025, and September 23, 2025. Council again heard a presentation on the Facility and held a public input session on September 30, 2025, and subsequently approved a motion to authorize the City Manager to negotiate all relevant agreements subject to further Council approval and appropriation of applicable funding. BACKGROUND: The Lodging Tax Advisory Committee (LTAC) held a meeting on October 29, 2025, to hear presentations and make recommendations for lodging tax grant awards for the 2026 fiscal year. At the end of that meeting the LTAC unanimously approved a motion to hold another special meeting to consider applications related to the Innovia Foundation Ice Sports Facility Proposal that has been discussed by Council on multiple occasions. After the meeting, staff discussed the motion with LTAC members to clarify why the motion was made. The committee members, on behalf of the City's hoteliers, desire the Ice Sports Facility to move forward as quickly as possible to construction without waiting for the hotel and/or commercial pads to develop. They felt the lodging tax funds should be used to fund the majority of the City's potential infrastructure costs up to the projected available balance of about $2 million in capital funds from the Hotel/Motel Tourism Facilities Fund #104 and to fund the operational losses of the facility into the foreseeable future from 2% portion of lodging tax in the Hotel/Motel Tax Fund #105. The members cited the direct positive impact on hotel room night stays by the new facility as the reason for the request in conformance with the City's tourism planning efforts. Pursuant to the proposal submitted by Innovia and discussed with City Council on September 30, 2025, Innovia is requesting that the City pay for and construct certain infrastructure improvements. The infrastructure improvements include two access driveways from Sullivan Road to the ice sports facility and a sewer lift station. Estimated costs for the access driveways are approximately $1.78 million. Estimated costs for the sewer lift station and hook-up fees are approximately $1.25 million. Total costs for the requested infrastructure improvements are approximately $3.03 million. See the RCA from September 30, 2025, for further information about the needs and costs for associated infrastructure improvements. Staff is seeking Council approval to submit an application to the LTAC for $2 million of the City costs to support the proposed facility. According to the Five Year Operating Pro Forma: Ice Model prepared by The Sports Facilities Advisory, the ice sports facility is expected to have expenses exceeding revenues by about $445,000 in the first year of operations. While the revenues come close to covering all expenses by year five, the Pro Forma showed it would continue at a very small loss after the first five years of operations. This Pro Forma was included in the materials presented at the September 30, 2025 Council meeting. In order to cover the additional expenses, Innovia proposed the hotel and commercial sites in its original proposal. Under the information provided by the Lodging Tax Committee members representing area hoteliers, as stated above they are interested in considering an application to cover the excess operating expenses. This would simplify the ground lease and eliminate the need for additional commercial development as part of the ice sports facility development. Note that operating expenses would not need to be covered until the facility is open which is anticipated in 2027, but that Innovia would need clarity on whether lodging tax funding is available and dedicated prior to entering into any ground lease and beginning construction of the ice sports facility. OPTIONS: Consensus to authorize staff to prepare and submit an application for lodging tax funds for partial funding of infrastructure costs related to the Innovia Foundation Ice Sports Facility Proposal and to authorize staff to work with Innovia for an application to be submitted for lodging tax funds to reimburse operating losses once the facility is operational, or other action as deemed appropriate. RECOMMENDED ACTION OR MOTION: Consensus to authorize staff to prepare and submit applications for lodging tax funds for $2 million of infrastructure costs related to the Innovia Foundation Ice Sports Facility Proposal from the Hotel/Motel Tourism Facilities Fund #104 and to authorize staff to work with Innovia for an application to be submitted for lodging tax funds to reimburse operating losses once the facility is operational from the 2% portion of the lodging tax in the Hotel/Motel Tax Fund #105. BUDGET/FINANCIAL IMPACTS: Funding for any future applications would be awarded from lodging tax funds in the Hotel/Motel Tourism Facilities Fund #104 and/or the Hotel/Motel Tax Fund #105. The estimated fund balance of Fund #104 at the end of 2026 is about $2 million, after including a proposed transfer from Fund #105 that is being recommended by the LTAC. Any future award would come forward to Council as a recommendation from the LTAC subsequent to the next LTAC special meeting. STAFF CONTACT: John Hohman, City Manager ATTACHMENTS: None CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: November 5, 2025 Department Director Approval: Check all that apply: ❑ consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: Review of Potential and Pending Projects Worksheet and allocation of Capital Reserve Fund #312 reserves. GOVERNING LEGISLATION: n/a PREVIOUS COUNCIL ACTION TAKEN: Council last discussed the Potential and Pending Projects Worksheet at the September 17, 2024 Council meeting. BACKGROUND: In the 2026 Budget development cycle, Council is scheduled to discuss the budget on eight separate occasions beginning with the June 10, 2025 Budget Workshop and ending with the December 9, 2025 budget adoption. As part of this process Council discusses the Potential and Pending Projects worksheet and prioritizes how money in Capital Reserve Fund #312 should be allocated. The last formal discussion on this topic occurred at the September 17, 2024 Council meeting; however, this funding has also been referenced during Council conversations on other topics since that time. OPTIONS: Council discretion. RECOMMENDED ACTION OR MOTION: Consensus from Council on how Capital Reserve Fund #312 reserves should be allocated. BUDGET/FINANCIAL IMPACTS: Allocations for projects will be incorporated into future budgets based on project timelines and actual expenditures. STAFF CONTACT: John Hohman, City Manager, and Chelsie Walls, Finance Director ATTACHMENTS: • PowerPoint Presentation Allocation Worksheet for Capital Reserve Fund #312 Potential and Pending Projects Worksheet 1 CN M o 0 0 () I— O In cl CO O N O O O CL ai0 (co 0 (D 0 O - - � a) co co O L p C p C p o NIA — _ v N IT 00 N O O CO (D (D N O ? — L° O V V EF3 N M 0 II 0 II 0 II � II II II CL � u �/ N N N a) O O W >— t (n E E N 7 7 N 7 ('') a?i N 'p a-0 N O U a) � (D cr N W X cr LLI X � LLI X (0 � (n `(D (D N � N -p L C L_�C C L_�C C 0 m (ten C -0 o o LLI c m v m y m y LO 0 ^♦ N N N N i a) (D C (D C (D(6 C Q .Q U ■ %4-- O LL LL LL O O (6 (6 Jul H a- O m M a) O O O\ 0 LO r yam-+ O 0 V (� � U Li U C C E .� O a) d O 0 � U U x O N O ^� A a N O O E N Q O N O N U O O O O O 0 0 0 0 0 N LO I0 LL L O O X X O In O K �( O V I- V In ao N cl O — N 0) O V O N O O C I� O O� G O 0 O 000 LN (� L LO N co fn N N � (o ` NO 0 w (� O (Ni �» �» �» O �» Gq Gq Gq Gq Gq U c II II II II c E E LL o _ C .0 N 7 (n 70 = (6 $ a) N L M M (n (n co (6 c 2 ^% � ULL v U (D .(D co: V E X E Acn N N N N U N U p (n (5 ~ C N ♦�.+ 0 co co co Q' N N i N i U Ca � o N o 0 0 0 0 N N O — LD ' — LD Lo N co Ln — '� T� `J II II II II II OO OC O V) IT IT V V V 70 cl x CO CO CO CO CO 0 0 o� o ) o� 00(D � o U � co L6 I� cl l0 T co � Gq Gq Gq Gq Gq o II II II II m LO c O E O N N x Q co �^1 ' /1 2 O U) Q U m U o C) o C Q ca70 N O a- N m co Of OU i Q m O Q m N N O /�111 (�6 U (�6 U 0 !Wn V L � V i U O Q l� T Q V O U) CD 0 L ui U Cam• O -� = CO E E O F a -0 N c N O O LO U N ♦.., O Cv Mm � U N can70 N p LL U U) O O E EO Ca .� •� i N A O a)O Oui U ■� N •� N � � =3 U H CL O LL U) U) 4) 0 x W M N O N L U) 0 cc L LO N O N ALI%] cu U N C: a) cu 7C)-0 a) -a cu 4— >1 U Cl) -1�-, Cl) cu cu U N CL a O .E ce LO O L N w L M N O N M }, N U O by N 70 (1) 70 w U 70 70 � U � U _0 U U 0) _ U U E U p X U U C_- X — CU a -- a— cn cn � U U C6 a-- N m o q CO c o S S o S o c S q CN o (D LO / 2 R � CO ƒ k m _ 0 § ® M M @ CY) b E 0 @ CN @ Q 0 k o _0 q h d / \ k / } E k £ _ � 0 _ E LL .E k o o CNE @ m E m - @ $, 2 2 0 @ m § \ L ± 2 D -00 m 2 2 = ® § § @ - @ LO \ (Da)c 0 C) CN E 3 k m 7cu 2 D ® _ 2 I � 2 0 _ 0 0 0 % 0 0 k 7 k 0 a_ _ k m E 2 � q 0 m q � + o I- o 0 0 0 0 0 0 CN o c o 0 0 0 0 0 0 V o� o C C C C C C CN o N o 0 0 0 0 0 0 3�� g R q q 9 k _ E % 0 v E k E 0 3 m 0 Cl) LL C � � k (D(D@ E 2§ w= @ _ 2c,5 E o _ m C) LL G 7/ o m% (D%_ t @ o a- A M @ E 0 q 3 2 % 7 @ £ = ± U -E0 t @ @ _® 0 T.- E (Dm m o@ L. a. 70 $m = @ a- U @ £ $ m t m U) 3>N� E 0 o = � a / -0 @ o t o ® ± am �E @ Q� a_ ® § § § 7 .k 0 / D k k (Dm a_-i ma- m 2 a- m ma- m $ m� O R o CN m ƒ 7 0 w 2 7 0 0 k _ 0 �7 .m E _ 0� m \\svfsl\Public Folders\City Clerk\Agenda Packets for Web\2025\2025, 11-05 Special Mtg\Item 6 allocation of 2025 transfer to Fund 312 CITY OF SPOKANE VALLEY, WA Allocation of 2025 General Fund Transfer to Capital Reserve Fund #312 New 2025 Sources of Funds: General Fund - 2025 transfer of 2023 fund balance >50% State funding to reimburse Flora Park purchase Net proceeds on sale Best Rd property Unallocated Balance from 2024 transfer Total additional sources Potential Allocation Concepts to be Discussed by Council - Pavement Preservation Fund #311 - Local Access Street Program Fund #101 - Sullivan Rd Interchange at Trent - Local Match - Planning for Barker/1-90 Interchange - Plante's Ferry Park Improvements - Balfour Park Sport Courts & Audio System Improvements - Summerfield Park Improvements - Public Safety Campus - Sullivan Rd Property Development - Sullivan Park Improvements - Reserve for needs at The Course - Other? Total Remaining to be Allocated 11 /5/2025 5,562,685 1,000,000 316,861 985,662 7,865,208 1,042,421 1,750,000 672,787 400,000 500,000 300,000 + $250k ask from state 1,100,000 1,100,000 500,000 500,000 7,865,208 0 m � o a 00 O ............... ... .......... N �z mn 000 Om0 ............... OOm000..... 00 U......... OOOo ....... OOOOOOOOOOOOOOOo O w. ......... ............... O O O O O O O O O O O O O O O O O. u w O� OOOOo O 00 ............ OOo ........ 0 � m N N ..Nm.. ......... ............... O O O O O O O O O O O O O O Oo S u 2 N o 0 0 0 0 0 0 0 0 o......... ................. 0 0 0 0 0 0 o O m ............... .................. N li N ......... ...... ........ ............. .... Q yO - mmm E oaU N --W lq cD. 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