City Council

Item 202: FY2025 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 are 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-2024-447)\nResolution confirming the Fiscal Year 2025 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 13, 2024.\nACTION: Motion by Chair Campillo, second by Committee Member Campbell, to\nrecommend Council approval of staff’s proposed actions.\nVOTE: 3-0; Campillo-yea, Lee-yea, Campbell-yea.\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Marguerite Middaugh