Fairs support rural economic
development by giving small businesses an opportunity to showcase their
wares. In addition, numerous artists and entertainers get their start
at fairs. The more fairs do to support and encourage small businesses,
the more revenue would be generated for the fund.
In 1998, the Fair Fund was set in
statute at $2 million per year (RCW 15.76.115). Prior to that time, it
had fluctuated according to revenue from horse racing. In recent prior
years, it had been nearly $3 million per year.
The current source of revenue for the
Fair Fund is a transfer from the general fund. The bill would divert
sales tax revenue generated on fairgrounds from the general fund to the
Fair Fund, replacing the existing transfer. If more revenue
is generated than the existing $2 million, the Fair Fund would
increase.
The fairs that depend the most on the Fair Fund are youth shows and the most rural counties.
To find their email addresses, click here: http://app.leg.wa.gov/MemberEmail
You may also leave a message via telephone at: 1.800.562.6000.