Los Angeles

City Council

April 26, 2024 Item #25

Agenda Item 25

(25) 24­0429 assessments for the first operating year. Proposition 218 requires the separation of general benefits from the special benefits. The general benefit portion for the Highland Park BID is $22,679 for the first year. However, funds other than assessment revenue must be budgeted annually for the general benefit expense for the remaining years of the District’s ten­year term.