Reso 2016-165 - Laserfiche WebLink

Home

WEST SAN LEANDRO SHUTTLE BUSINESS IMPROVEMENT DISTRICT ANNUAL REPORT FY 2016-17 Business Improvement District Authorization The BID is a levied benefit assessment on businesses within the BID Area, the proceeds of which shall be used for the public purposes benefits the businesses in the BID, pursuant to the Parking and Business Improvement Area Law of 1989 Section 36500 et seq. of Division 18 of the California Streets and Highways Code. All of the assessments imposed by the BID Ordinance shall be reviewed by the City Council annually based upon the annual report prepared by the advisory board appointed pursuant to Sections 36530 and 36533 of the California Streets and Highways Code. Pursuant to Section 36533(c), the City Council may approve the report as filed by the advisory board or may modify any particular contained in the report and approve it as modified. The ordinance defines the boundaries of the BID, the amount of the annual assessment, the approved use of the assessment funds, and the effective period of the assessment. The Ordinance requires that an Advisory Board annually review the performance of LINKS for submission to the City Council. In addition, the Ordinance provides that the City Council may increase the annual assessment in an amount not to exceed the increase of the Consumer Price Index (San Francisco, Oakland, San Jose), as part of its review of the annual report. Annual BID Rate Recommendation — 2016 Business Improvement District Assessment Proactive measures taken to generate new revenue and secure grants have helped to stabilize funding for LINKS. The cash flow gap resulting from the grant reimbursement process will continue to pose a challenge for LINKS. If approved, the Measure BB grant will help to further stabilize LINKS funding but must be reauthorized every two years. In order to ensure that funding for LINKS stays current with operating costs, it is recommended that the BID rate be adjusted by the Consumer Price Index. Per the approved Ordinance, the BID may be increased annually by the Consumer Price Index (CPI). For FY 2016-17 the applicable CPI factor is 3.0 percent. This would result in the BID per employee rate increasing from $21.55 to $22.20. Businesses with three or fewer owner/employees, landlords, and non -profits will continue to be exempt from the BID assessment. With respect to the BID assessment for FY 2017, the Advisory Board recommends that the San Leandro City Council adopt a BID assessment which is adjusted by the applicable Consumer Price Index (CPI), 3.0 percent. EXHIBIT A — Ridership Statistics EXHIBIT B — Brochure EXHIBIT C — Budget 71Pa<