Los Angeles
City Council
Agenda Item 19
(19) 240568 COMMUNICATION FROM THE BUREAU OF STREET LIGHTING (BSL) and ORDINANCE OF INTENTION FIRST CONSIDERATION relative to establishing a hearing date for the Annual Assessment for Street Lighting Maintenance and Operation for Fiscal Year 202425 Los Angeles City Lighting District. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. ADOPT the report of the Director, BSL, dated May 15, 2024. 2. PRESENT and ADOPT the accompanying ORDINANCE OF INTENTION, dated April 17, 2024, setting the date of June 18, 2024 as the hearing date for the Los Angeles City Street Lighting Maintenance Assessment District. Fiscal Impact Statement: The BSL reports that approval will result in assessment revenue of $42,300,000 to the Street Lighting Maintenance Assessment Fund for 202425 street lighting operations, slightly less than Tuesday in 202324. An- amount May 28, of 2024 - $2,600,000 PAGE is budgeted from the21Water and 2. PRESENT and ADOPT the accompanying ORDINANCE OF INTENTION, dated April 17, 2024, setting the date of June 18, 2024 as the hearing date for the Los Angeles City Street Lighting Maintenance Assessment District. Fiscal Impact Statement: The BSL reports that approval will result in assessment revenue of $42,300,000 to the Street Lighting Maintenance Assessment Fund for 202425 street lighting operations, slightly less than in 202324. An amount of $2,600,000 is budgeted from the Water and Electricity Fund for the City's share of the public property assessments. About 510,000 parcels are included in this assessment district. (Board of Public Works Hearing Date: June 12, 2024)