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2016 LIFT Report

The Community Economic Revitalization Board (CERB) and the Department of Revenue (DOR) are authorized to administer the Local Infrastructure Financing Tool (LIFT) Program created in Chapter 39.102 Revised Code of Washington (RCW). LIFT allows selected local governments to use tax revenue generated by private business activity within a designated Revenue Development Area (RDA) to help finance public infrastructure improvements.

The Community Economic Revitalization Board (CERB) and the Department of Revenue (DOR) are authorized to administer the Local Infrastructure Financing Tool (LIFT) Program created in Chapter 39.102 Revised Code of Washington (RCW).

LIFT allows selected local governments to use tax revenue generated by private business activity within a designated Revenue Development Area (RDA) to help finance public infrastructure improvements.

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Spokane County<br />

Total Number of Permanent Jobs Created in the RDA<br />

Averages Wages in the RDA<br />

5.5 $30,000<br />

Names of Businesses Locating within RDA<br />

2014 Bitterroot Apartments & Courtyard Townhouses<br />

2015 None<br />

City of Vancouver<br />

<strong>LIFT</strong> TAX NOT YET IMPOSED<br />

City of Yakima<br />

Total Number of Permanent Jobs Created in the RDA<br />

Averages Wages in the RDA<br />

30 Not <strong>Report</strong>ed<br />

Names of Businesses Locating within RDA<br />

2014 None<br />

2015 Get Air Yakima<br />

38

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