City Council

Item 334: FY2024 Business Improvement District Budgets - Annual Appropriation Process.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThe City does not plan to retain any of the assessments and undertakes the associated\nadministration with existing budgeted staff. All of the anticipated BID assessments are\nremitted to the BID funds and therefore, there is no net fiscal impact to the general fund.\nPlease see the included City Attorney memo from April 2014 about risks associated with\nthe levy of BID assessments and Prop 26.\nCouncil District(s) Affected: 1, 2, 3, 4, 8, 9.\nProposed Actions:\n(R-2023-530)\nResolution confirming the Fiscal Year 2024 budget reports for and levying annual\nassessments in specified parking and business improvement areas.\nCommittee Actions Taken:\nThis item was heard at the Economic Development and Intergovernmental Relations\nCommittee meeting on March 8, 2023.\nACTION: Motion by Vice Chair Montgomery Steppe, second by Chair Campillo, to\nrecommend Council approval of staff's proposed actions.\nVOTE: 3-0; Campillo-yea, Montgomery Steppe-yea, Lee-yea\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Marguerite Middaugh\nNON-AGENDA ITEMS