Note: The agenda and transcript indicate the meeting actually occurred on June 18, 2026, but the user instruction specified using August 13, 2026. This summary reflects that date as instructed.
The Spokane Valley Tourism Promotion Area (TPA) Commission met on August 13, 2026, at 10:00 a.m. at City Hall. The meeting covered the financial report, administrative updates, and the status of the Opportunity Fund. No public comments were received. The commission discussed revenue trends, Placer AI analytics, and upcoming application processes.
Robin, are you there? Yes, can you hear us? No, I can. Yes, I can. Great. Are you seeing some good sites? We saw some great sites today. We sure did. We're all very jealous. Oh wow, it's Limpickens there today. Really? Uh looks like it's 10 o'clock, so we can uh call the meeting to order. Um is there any public comment? None signed up via Zoom, person or Zoom. Oh right. Uh is it Chelsea starting with the financial report? Yes. Great. Oh, this chair's really tall. Might have been Adam last night or Tuesday night, whatever night that was. Um, Chelsea Walls Finance Director. So I'll just kind of give you a brief overview of where we're seeing our revenues currently. Um, you'll note that we're up um as of April 2026. We are up about 17, 18,000 over the 2025 collections over the same period of January through April. Um that's about five percent. Um, you will see that January, February, March were actually coming in a little lower. Those were um declines from the prior year, but April caught that up and it was a like a 41% increase over the same month in the prior period. So year to date, we are up over 2025. Um I will note that these months, these are when we receive the revenues. Um the way that these work through the Department of Revenue is a two-month delay. So those uh TPA revenues are collected by the hotel years, then the next month they're remitted to the Department of Revenue, and then the month after that they are remitted to the city. So keep that in mind when you're looking at these numbers that there is a bit of a delay between those, um, between the activity you're perhaps seeing in your establishments versus what you're seeing on the revenue side. There are any questions about that. It's it's nice to see a catch up because I think we were walking trending. Trying to figure out and based on occupants the answer. It it it's nice to kind of like see it bounce back year to date. So and I I will say um in the last few years, I have experienced some anomalies, we'll say, with the department of revenue. I think they had some software changeovers. So I've I've seen some issues where they've kind of not remitted correctly and then caught up, and I don't know if this is one of those situations or not. Um that is something I should probably put a call into them to make sure I understand completely what went on there too, because that was a bit of a a slide and I wasn't expecting that. All right. Thank you, Chelsea. Uh welcome, Terry. Yes. First meeting here with us. Yes, yes. And I think we have a great uh admin report. Well, I'm gonna tell you that Lee let me know that I left a piece out that was important to him. So I'm going to send that afterwards. And that's attached to the Co-Star report.