Title:
Title
Fiscal Year (FY) 2020/21 Property and Business Improvement District (PBID) Annual Proceedings
End
FileID
File ID: 2020-00102
Location
Location: Districts 2, 3, 4, 5, 6, 7, and 8
Recommendation:
Recommendation
Adopt: 1) a Resolution approving the Del Paso Boulevard PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 2) a Resolution approving the Downtown Sacramento PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 3) a Resolution approving the Greater Broadway PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 4) a Resolution approving the Mack Road PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 5) a Resolution approving the Midtown Sacramento PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 6) a Resolution approving the North Franklin PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 7) a Resolution approving the Oak Park PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 8) a Resolution approving the Power Inn Area PBID Annual Report, and confirming the annual budget and assessment for FY2020/21; 9) a Resolution approving the River District PBID Annual Report, and confirming the annual budget assessment for FY2020/21; and 10) a Resolution approving the Stockton Boulevard PBID Annual Report, and confirming the annual budget and assessment for FY2020/21.
Contact: Sini Makasini, Administrative Analyst, (916) 808-7967; Sheri Smith, Special Districts Manager, (916) 808-7204, Department of Finance
Body
Presenter: None
Attachments:
01-Description Analysis
02-Schedule of Proceedings
03-Resolution, Del Paso Blvd. PBID
04-Exhibit A, Map Del Paso Blvd. PBID
05-Exhibit B, Budget Del Paso Blvd. PBID
06-Resolution, Downtown Sacramento PBID
07-Exhibit A, Map Downtown Sacramento PBID
08-Exhibit B, Budget Downtown Sacramento PBID
09-Resolution, Greater Broadway PBID
10-Exhibit A, Map Greater Broadway PBID
11-Exhibit B, Budget Greater Broadway PBID
12-Resolution, Mack Road PBID
13-Exhibit A, Map Mack Road PBID
14-Exhibit B, Budget Mack Road PBID
15-Resolution, Midtown Sacramento PBID
16-Exhibit A, Map Midtown Sacramento PBID
17-Exhibit B, Budget Midtown Sacramento PBID
18-Resolution, North Franklin PBID
19-Exhibit A, Map North Franklin PBID
20-Exhibit B, Budget North Franklin PBID
21-Resoultion, Oak Park PBID
22-Exhibit A, Map Oak Park PBID
23-Exhibit B, Budget Oak Park PBID
24-Resolution, Power Inn Area PBID
25-Exhibit A, Map Power Inn Area PBID
26-Exhibit B, Budget Power Inn Area PBID
27-Resolution, River District PBID
28-Exhibit A, Map River District PBID
29-Exhibit B, Budget River District PBID
30-Resolution, Stockton Blvd. PBID
31-Exhibit A, Map Stockton Blvd. PBID
32-Exhibit B, Budget Stockton Blvd. PBID
Description/Analysis
Issue Detail: Annually, each Property and Business Improvement District (District) is required to file an Annual Report (Report) with the City Clerk for Council approval. The Owners’ Associations of the ten Districts have prepared Reports for their respective Districts for fiscal year (FY) 2020/21 detailing the proposed budgets, assessments, and services to be provided.
Reports are on file with the Infrastructure Finance Division of the Department of Finance, which the City Clerk has designated as the custodian of such records. A summary of proposed assessments and fund budgets for each District is attached as the respective Exhibit B and incorporated into the respective Resolution adopting the Report for each District. Approval is recommended for the following Districts: Del Paso Blvd, Downtown Sacramento, Greater Broadway, Mack Road, Midtown Sacramento, North Franklin, Oak Park, Power Inn Area, River District and Stockton Boulevard.
The Reports do not change the scope of services or any other aspect of a District’s legal structure as established in the Management District Plans (MDPs) approved at the formation of each District. Approval of the attached Resolutions will confirm the associated budgets and assessments.
Policy Considerations: The goal of the Districts is to provide services supplemental to those provided by the city including event promotion, music in public spaces, marketing and economic development, security, street and sidewalk cleaning, and other services required by the MDPs.
Economic Impacts: Not applicable.
Environmental Considerations:
California Environmental Quality Act (CEQA): Under CEQA Guidelines, administration of assessment districts does not create any additional impact on the environment and therefore, does not constitute a project and is thereby exempt from review [14 Cal. Code Regs. §15378(b)(2) & (5))].
Sustainability: Not applicable.
Commission/Committee Action: None.
Rationale for Recommendation: The actions in the recommended resolutions are required by the California Streets and Highways Code Part 7, (beginning with Section 36600) of Division 18.
Financial Considerations: Financing of the Districts is provided by the levy of assessments upon real property that benefits from improvements and activities of the District. The Districts have not and will not issue bonds.
Assessment increases are governed, standardized and limited by the MDPs. Allowable increases are based on actual costs which may vary by District. Some Districts have a fixed maximum allowed increase between 3% to 5%. Others limit increases to the Consumer Price Index. The specific limits by District are included in each of the attached Resolutions along with the proposed increase.
The City and Redevelopment Agency Successor Agency (RASA) participate as property owners within the 10 Districts. City-owned properties will have a total annual assessment of approximately $912,506. The City will also pay an additional $5,956 for RASA properties. Funding to pay the City’s assessment is included in the FY2020/21 Budget. The annual operating budget for each District will be adjusted to reflect the Council approved assessments and expenditure plans.
Individual budgets showing District assessments and expenditures are attached as exhibits to the respective resolutions. The expenditures are summarized as follows:
|
District Name |
Expenditures |
|
Del Paso Blvd. |
485,423 |
|
Downtown Sacramento |
3,481,606 |
|
Greater Broadway |
320,979 |
|
Mack Road |
688,614 |
|
Midtown Sacramento |
1,688,260 |
|
North Franklin |
148,830 |
|
Oak Park |
324,893 |
|
Power Inn Area |
547,399 |
|
River District |
604,111 |
|
Stockton Blvd. |
361,902 |
|
Total |
$8,652,017 |
Detailed budgets for services and programs are included in the Reports submitted by each of the Owners’ Associations.
Local Business Enterprise (LBE): Not applicable.