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HomeMy WebLinkAboutR 2025-028RESOLUTION NO. 2025-028 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2025-26 BUDGET FOR THE ARROYO GRANDE TOURISM BUSINESS IMPROVEMENT DISTRICT WHEREAS, on February 26, 2013, the City Council adopted Resolution No. 4516 establishing the Advisory Board (“Advisory Board”) to the Arroyo Grande Tourism Business Improvement District (“AGTBID” or “District”); 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 March 13, 2025, the Advisory Board approved the FY 2025-26 AGTBID annual report (the “Annual Report”); and WHEREAS, on March 25, 2025, the City Council approved the Advisory Board’s Annual Report and adopted a Resolution of Intention to levy and collect assessments for the 2025-26 fiscal year and to set a date for a public hearing for May 13, 2025; and WHEREAS, on May 13, 2025, the City Council adopted a Resolution confirming the Annual Report and levying an annual assessment for the AGTBID for the 2025-26 fiscal year; and WHEREAS, the budget recommendations attached hereto as Exhibit A 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 2025-26 budget for the Arroyo Grande Tourism Business Improvement District attached hereto as Exhibit A. RESOLUTION NO. 2025-028 PAGE 2 On motion of Council Member Maraviglia, seconded by Council Member Secrest, and on the following roll call vote, to wit: AYES: Council Members Maraviglia, Secrest, Guthrie, and Loe NOES: None ABSENT: Mayor Ray Russom the foregoing Resolution was passed and adopted this 13rd day of May, 2025. CAREN RAY RUSSOM, MAYOR ATTEST: JESSICA MATSON, CITY CLERK APPROVED AS TO CONTENT: MATTHEW DOWNING, CITY MANAGER APPROVED AS TO FORM: ISAAC ROSEN, CITY ATTORNEY RESOLUTION NO. 2025-028 PAGE 3 RESOLUTION NO. 2025-028 PAGE 4 EXHIBIT A Beginning Fund Balance 328,350$ 405,833$ 436,489$ 438,185$ 295,355$ FY 2021-22 Actuals FY 2022-23 Actuals FY 2023-24 Actuals FY 2024-25 Adopted Budget FY 2025-26 Proposed Budget TBID Assessments 295,271$ 303,626$ 281,764$ 318,270$ 298,700$ Interest (5,257) 4,078 17,990 750 750 Total Revenue 290,014$ 307,704$ 299,754$ 319,020$ 299,450$ Expenditures FY 2021-22 Actuals FY 2022-23 Actuals FY 2023-24 Actuals FY 2024-25 Adopted Budget FY 2025-26 Proposed Budget Advertising Marketing Services 144,762$ 196,254$ 218,340$ 250,000$ 250,000$ Photo/Video Assets 10,000 11,595 1,890 25,000 25,000 Promotional Product - - 600 5,000 5,000 Website 7,765 16,695 - - - Travel and Trade Shows - - - 7,500 7,500 Coop Advertising - - 14,400 50,000 50,000 Sub-total Advertising 162,527$ 224,544$ 235,230$ 337,500$ 337,500$ Contractual Services Short-term compliance -$ -$ 11,350$ 11,350$ 11,350$ Chamber - Contract admin. 42,000 44,500 - - - Sub-total Contractual Services 42,000$ 44,500$ 11,350$ 11,350$ 11,350$ Membership & Subscriptions CCTC -$ -$ 475$ 500$ 500$ Sub-total Membership & Subs.-$ -$ 475$ 500$ 500$ Public Relations Event Sponsorships - - 1,000 50,000 50,000 Influencers - - - 10,000 10,000 Sub-total Public Relations -$ -$ 1,000$ 60,000$ 60,000$ Services & Supplies City - administrative 3,000$ 3,000$ 45,000$ 45,000$ 45,000$ Supplies/Domains - - - 2,500 2,500 Vacation rental code compliance 5,004 5,004 5,004 5,000 5,000 Sub-total Services & Supplies 8,004$ 8,004$ 50,004$ 52,500$ 52,500$ Total Expenditures 212,531$ 277,048$ 298,059$ 461,850$ 461,850$ Ending Fund Balance 405,833$ 436,489$ 438,185$ 295,355$ 132,955$ Revenue 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. 2025-028 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 13th day of May, 2025. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 20th day of May, 2025. JESSICA MATSON, CITY CLERK