Reso 2020-152 West SL Shuttle Bus Improv Dist Annual Report

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WEST SAN LEANDRO SHUTTLE BUSINESS IMPROVEMENT DISTRICT ANNUAL REPORT FY2020-21 Business Improvement District (BID) The 2020 BID revenue declined significantly year over year in 2020. The collections were made before Covid was a factor. The SLTMO analyzed the data and we have been working with City staff to get clarification. To recognize the decline in BID revenue between 2020 and 2019 and possible impact of Covid-19 on businesses, we have used a conservative estimate for the 2021 BID revenue. LINKS funding is stable thanks to the Measure BB grant. Funding challenges for the coming year include unpredictable grant funding, cash flow which is impacted by the grant reimbursement process, annual transportation cost increases and possible impacts from Covid-19. The LINKS budget can be found in Exhibit C. Business Imorovement 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 —2021 Business Imurovement District Assessment In order to ensure that funding for LINKS stays current with operating costs, it is recommended that the 2021 BID rate be adjusted by the applicable Consumer Price Index (CPT). Per the approved Ordinance, the BID per employee rate may be increased annually by the increase in the Consumer Price Index (CPI). For 2021 the applicable CPI factor is 1.6 percent. This would result in the BID per employee rate increasing from $24.68 to $2507. Businesses with three or fewer owner/employees, landlords, and non -profits will continue to be exempt from the BID assessment. The CPI adjustment will raise approximately $6,000 which is less than 1 % of the total LINKS budget. EXHIBIT A — Ridership Statistics EXHIBIT B — Brochure EXHIBIT C — Budget 61