2016 LIFT Report

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Community Economic Revitalization Board Acknowledgments Steve Anderson, Chair David Rhoden, Vice Chair Randy Asplund Richard Bogert Ken Casavant Senator Maralyn Chase Ollie Garrett Nicole Grant Randy Hayden Representative David Hayes James Jaime Commissioner Michael Karnofski Councilwoman Candace Mumm Daniel J. Seydel Senator Judy Warnick House Majority Caucus Member, VACANT Ex-Officio Members Allison Clark, Department of Commerce Elizabeth Robbins, Department of Transportation Paul Turek, Employment Security Department Patti Wilson, Department of Revenue Washington State Department of Revenue Locke Craig-Mickel, Tax Administration Manager Chip Wilson, Senior Excise Tax Examiner Washington State Department of Commerce Mark Barkley, Assistant Director, Local Government Division Cecilia Gardener, Executive Director, Boards Unit Janea Eddy, Program Manager, Community Economic Revitalization Board Washington State Department of Commerce Community Economic Revitalization Board (CERB) Boards Unit, Local Government Division 1011 Plum St. SE P.O. Box 42525 Olympia, WA 98504-2525 www.commerce.wa.gov/CERB For people with disabilities, this report is available on request in other formats. To submit a request, please call 360-725-4000 (TTY 360-586-0772). 2 Cover photos provided by (starting at top left, rotating to the bottom left): City of Bothell, City of Federal Way, Spokane County, and City of Puyallup.
Table of Contents Introduction......................................................................................................................... 5 The LIFT Program................................................................................................................. 7 Table 1: Annual State Contributions................................................................................ 8 Project Profile: City of Bellingham New Whatcom Revenue Development Area................ 9 Project Profile: City of Bothell Revenue Development Area............................................. 12 Project Profile: City of Everett Riverfront Revenue Development Area............................ 14 Project Profile: City of Federal Way City Center Revenue Development Area.................. 15 Project Profile: City of Mount Vernon Downtown Revenue Development Area............... 17 Project Profile: City of Puyallup Revenue Development Area........................................... 19 Project Profile: Spokane County River District Revenue Development Area..................... 22 Project Profile: City of Vancouver Riverwest Revenue Development Area....................... 25 Project Profile: City of Yakima Revenue Development Area.............................................. 26 Project Revenue................................................................................................................ 27 Table 2: 2014-15 Estimated Property Tax Allocation Revenues..................................... 27 Table3: 2014-15 Excise Tax Allocation Revenues........................................................... 27 Table 4: 2014-15 Local Revenue Generated and Funds Expended................................ 28 Public Improvements........................................................................................................ 29 Business Activity................................................................................................................ 32 Appendix A: Sample Reporting Form................................................................................ 38 Appendix B: Required Reporting Elements....................................................................... 43 3
Page 1: Local Infrastructure Financing Tool
Page 5 and 6: Introduction Background The Communi
Page 7 and 8: The LIFT Program What is LIFT? Crea
Page 9 and 10: Project Profile: City of Bellingham
Page 11 and 12: Project: ASB Interim Trail The City
Page 13 and 14: 2012-2016 - The Village at Beardsle
Page 15 and 16: Project Profile: City of Federal Wa
Page 17 and 18: Project Profile: City of Mount Vern
Page 19 and 20: Project Profile: City of Puyallup P
Page 21 and 22: Examples of other current/recent RD
Page 23 and 24: Table 2 lists the annual River Dist
Page 25 and 26: Project Profile: City of Vancouver
Page 27 and 28: Project Revenue The following table
Page 29 and 30: Public Improvements The nine jurisd
Page 31 and 32: 2015 • SR 161 Safety Improvements
Page 33 and 34: • Merl Publications • The Third
Page 35 and 36: • Latino Advocacy LLC • New Yor
Page 37 and 38: • JM Puyallup Inc • A Lianeva I
Page 39 and 40: Appendix A: Sample Reporting Form 3
Page 41 and 42: 41
Page 43: Appendix B: Required Reporting Elem

2016 LIFT Report

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