Los Angeles

City Council

February 25, 2026 Item #34

Agenda Item 34

(34)\n08-3292-S1\nCD 6\nBUDGET AND FINANCE COMMITTEE REPORT relative to the\nescheatment of idle funds in the Panorama City Business\nImprovement District (BID), Fund No. 51D.\nRecommendation for Council action:\nREQUEST the City Attorney to draft a Resolution authorizing the\nescheatment of the remaining funds from Panorama City BID,\nAccount No. 51D.\nFiscal Impact Statement: The City Clerk reports that there is no\nimpact to the General Fund associated with the recommended action.