Revenue Tools Which revenue tools are available to fund improved services and capital expenditures in your community?

Revenue Tools Maintenance Assessment Districts: 1972 Act Landscape Maintenance District 1982 Act Benefit Assessment District Street Lighting Act of 1931 Vehicle Parking District Law of 1943 Parking District Law of 1951 Pedestrian Mall Law of 1960 Parking and Business Improvement Area Law of 1989 Property and Business Improvement District Law of 1994 Improvement Act of 1911 Municipal Improvement Act of 1913 Municipal Lighting Maintenance District Act of 1927 Other Options for Charter Cities Multifamily Improvement District

Revenue Tools Facilities Assessment Districts Municipal Improvement Act of 1913 Tree Planting Act of 1931 Vehicle Parking District Law of 1943 Pedestrian Mall Law of Act Landscape Maintenance District Parking and Business Improvement Area Law of 1989 Property and Business Improvement District Law of 1994 Other Options for Charter Cities Multifamily Improvement District

Revenue Tools Special Taxes (Maintenance and/or Facilities) Mello-Roos Community Facilities Act of 1982 Other Options for Charter Cities Parcel Taxes Other Tools

What’s the difference between special assessments and special taxes? Special Assessmentvs. Special Tax Project Description DefinedFlexible BoundariesContiguousNon-Contiguous Special Benefit Finding RequiredNot Required Treatment of Parcels Must Address Public and Residential Can Exempt Approval Process Majority Protest Proceeding (Property) Special Tax Election (Property or Registered Voter) Approval Threshold No Majority Protest2/3 Approval

BID Laws SUBJECT1989 ACT1994 ACT District Term Formed and renewed for a 1 year term Initially formed for up to 5 years; can be renewed for up to 10 years Initiation Process Adoption of a Resolution of Intention by City Council or Board of Supervisors; can adopt this resolution of its own accord Petition drive; petitions must be signed by businesses who will pay at least 50% of proposed assessment Renewal Process Publication in newspaper, two City or County hearings Management plan, petition drive, adoption of resolution by City or County, public meeting and public hearing

BID Laws SUBJECT1989 ACT1994 ACT Governing Body Advisory Board appointed by City Council or Board of Supervisors Corporation chosen and organized by the stakeholders Governance Process Decisions made by Advisory Board and corporation with City or County oversight Decisions made by corporation, guided by a management district plan approved by stakeholders Corporation Public Entity Status City or County may consider corporation to be a public entity for certain laws Express exemption for corporation—not considered a public entity

Formation process Stakeholder research and education Develop service plan and assessment strategy Business plan – Resolution of Intention If ’94 Act, 50% petition 50% protest opportunity Public hearings Approval by City/County

What is a TID? A stable source of funding for tourism promotion A public-private partnership Raises money through special benefit assessments Provides essential supplemental promotions Responds to private sector

Case Studies Sunset Strip BID (John) Downtown Napa PBID (John) LA TMD (John) Downtown Burlingame Avenue (Tim) North Tahoe Business Association (Tim) Long Beach CFD (Tim)

Sunset Strip BID Formed in 2001 Annual budget of $591,000 70% spent on security Additional $251,000 in revenue from banners

Downtown Napa PBID Formed in 2005 Renewed in 2010 Annual budget $375,000 Assessment: $.18 - $.01 per square foot Funds signage, events and marketing

LA TMD Formed in 2010 Includes 165 lodging businesses in City of Los Angeles Only those with fifty rooms or more Assessment rate is 1.5% of gross room rental revenue Total annual $11,500,000 71% to marketing programs 20% to sales programs 3% administration 1% collections 5% contingency

Downtown Burlingame Ave $16MM Streetscape improvement project $5MM Assessment District 50 parcels on Burlingame Avenue

Downtown Burlingame Ave CREPEVINE BEFORECREPEVINE AFTER

Downtown Burlingame Ave PARK RD. BEFOREPARK RD. AFTER

Downtown Burlingame Ave

Kings Beach BAD Original intent – PBID: Now – BAD $44MM revitalization project BAD will fund snow removal, sidewalk cleaning, trash removal, and landscape maintenance $200K annual budget to 300 parcels

Kings Beach BAD BEFORE AFTER

Kings Beach BAD EVENT CENTER BEFOREEVENT CENTER AFTER

Long Beach CFD Original intent – PBID: Used CFD Parking improvements Bonds paid by both parking meter revenue and CFD special taxes Residential use is exempt from CFD tax

Thank you for attending! Questions or Comments? CONTACT INFORMATION: Tim Seufert NBS , John Lambeth, Civitas ,