Los Angeles
City Council
Agenda Item 40
(40)\n22-0058\nCD 13\nECONOMIC DEVELOPMENT AND JOBS COMMITTEE REPORT\nrelative to Fiscal Year (FY) 2026 Annual Planning Report (APR) for the\nLarchmont Village Property, Property-Based, Business Improvement\nDistrict (BID).\nRecommendations for Council action:\n1. FIND that the APR for the Larchmont Village Property 2023-\n2032 BID's 2026 FY attached to the City Clerk report dated\nDecember 22, 2025, attached to the Council file, complies with\nthe requirements of the State Law.\n2. FIND that the increase in the 2026 budget concurs with the\nintentions of the Larchmont Village Property 2023-2032 BID’s\nManagement District Plan and does not adversely impact the\nbenefits received by assessed property owners.\n3. ADOPT said APR for the Larchmont Village Property 2023-2032\nBID’s 2026 FY, pursuant to the State Law.\nFiscal Impact Statement: The City Clerk reports that there is no\nimpact to the General Fund associated with this action.