Staff will review the suggested code changes to be able to spend a portion of BBB Recreation Tax Funds for Open Space, in addition to Parks and Recreation.

The hospitality industry tax means the revenues collected from the two percent (2%) local transaction privilege tax imposed on the lodging, restaurant, and lounge businesses. It is referred to as the "Bed, Board, and Booze Tax" or "BBB Tax." Parks and Recreation receive 33% of the funds collected. These suggested code changes will amend the definition of "parks and recreation" to include the ability to spend these funds on open space, and will add the ability of the Open Spaces Commission to review and approve the planned expenditures, along with the Parks and Recreation Commission. City Council will have a work session discussion on this topic on April 23, and if they recommend moving the changes forward, staff will take an ordinance with the code amendments to them for first read on May 15 and a second read on June 5. The tax will be on the November 2024 ballot for voters to consider renewing the tax, which is set to expire in 2028.