Los Angeles
City Council
(32) 23-0460
CD 14 ECONOMIC DEVELOPMENT AND JOBS COMMITTEES REPORT
relative to Fiscal Year (FY) 2026 Annual Planning Report (APR) for the
Historic Core, Property-Based, Business Improvement District (BID).
Recommendations for Council action:
1. FIND that the APR for the Historic Core 2024-2028 BID's 2026
FY attached to the City Clerk report dated December 10, 2025,
attached to the Council file, complies with the requirements of
the State Law.
2. FIND that the increase in the 2026 budget concurs with the
intentions of the Historic Core 2024-2028 BID’s Management
District Plan and does not adversely impact the benefits
received by assessed property owners.
3. ADOPT said APR for the Historic Core 2024-2028 BID’s 2026
FY, pursuant to the State Law.
Fiscal Impact Statement: The City Clerk reports that there is no
impact to the General Fund associated with this action.