R 5290 RESOLUTION NO. 5290
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARROYO GRANDE ADOPTING THE FISCAL YEAR 2023-
24 BUDGET FOR THE ARROYO GRANDE TOURISM
BUSINESS IMPROVEMENT DISTRICT
WHEREAS, on February 26, 2013, the City Council adopted Resolution No. 4516
establishing the Arroyo Grande Tourism Business Improvement District ("AGTBID" or
"District")Advisory Board ("Advisory Board"); and
WHEREAS, on May 14, 2013, the City Council adopted Ordinance No. 651 establishing
the AGTBID; and
WHEREAS, the purpose of the Advisory Board is to consult with and advise the City
Council on those matters dealing with the method and basis of levying assessments
within the AGTBID; expenditures of revenues derived from such assessments; and
programs, services, improvements, and activities intended to promote lodging
establishments within the District; and
WHEREAS, on April 3, 2023, the Advisory Board approved the FY 2022-23 AGTBID
Annual Report; and
WHEREAS, on April 25, 2023, the City Council approved the Advisory Board's Annual
Report and adopted a Resolution of Intention to levy and collect assessments for the
2023-24 fiscal year and to set a date for a public hearing for May 23, 2023; and
WHEREAS, on May 23, 2023, the City Council adopted a Resolution levying an annual
assessment for the AGTBID for the 2023-24 fiscal year; and
WHEREAS, the budget recommendations are based upon City revenue projections and
will fund a work plan that meets the objectives, goals, and responsibilities of the AGTBID.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Arroyo
Grande, as follows:
1. The foregoing recitals are true and correct and are incorporated herein.
2. The City Council hereby adopts the FY 2023-24 budget for the Arroyo Grande
Tourism Business Improvement District attached hereto as Exhibit A.
RESOLUTION NO. 5290
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On motion of Council Member George, seconded by Council Member Guthrie, and on the
following roll call vote, to wit:
AYES: Council Members George, Guthrie, and Secrest
NOES: None
ABSENT: Council Member Barneich, and Mayor Ray Russom
the foregoing Resolution was passed and adopted this 23rd day of May, 2023.
RESOLUTION NO.
PAGE 3
rig
CAREN RA RUS-OM, MAYOR
ATTEST:
SSICA MATSON, CITY CLERK
APPROVED AS TO CONTENT:
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di
WHITNEY Mc Fla NALD, ` ITY MANAGER
APPROVED AS TO FORM:
ISAAC ROSE 'ff
, ITY ATTORNEY
RESOLUTION NO. 5290
PAGE 4
EXHIBIT A
Beginning Fund Balance $ 383,583
REVENUES
Revenue Source Amount
TBID Assessments $ 309,000
Interest 750
Appropriation from fund balance 15,750
Total Revenue $ 325,500
Activity Amount Activity Amount
Advertising Membership & Subscriptions
Consultant Services $ 110,000 CCTC $ 500
PhotoNideo Assets 15,000 Event Sponsorships 20,000
Promotional Product 5,000 Sub-total Membership & Subs. $ 20,500
Advertising Hard Costs 90,000
Travel and Trade Shows 7,500
Coop Advertising 15,000 Official Arroyo Grande Merchandise
Sub-total Advertising Contest $ 5,000
$ 242,500 Merchandise 5,000
Services & Supplies Sub-Total Official Merchandise $ 10,000
City-administrative $ 45,000
Supplies/Domains 2,500 Total Expenditures $ 325,500
Vacation rental code compliance 5,000
Sub-total Services & Supplies $ 52,500
Ending Fund Balance $ 367,833
OFFICIAL CERTIFICATION
I, JESSICA MATSON, City Clerk of the City of Arroyo Grande, County of San Luis
Obispo, State of California, do hereby certify under penalty of perjury, that the attached
Resolution No. 5290 was passed and adopted at a regular meeting of the City Council
of the City of Arroyo Grande on the 23rd day of May, 2023.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 26th day of
May, 2023.
JESSICA MATSON, CITY CLERK