CC 2021-05-25_09a AGTBID Annual Assessment_PP Presentation
Public Hearing to Discuss and Consider a Resolution Levying an Annual Assessment for the Arroyo Grande Business Improvement District and Adoption of Resolution Adopting the Fiscal Year
2021-22 Budget
5/25/2021
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Background
Arroyo Grande Tourism Business Improvement District (AGTBID) created in 2013
Purpose
Revenue to defray costs of services, activities, and programs promoting lodging businesses in the AGTBID through the promotion of scenic, recreational, cultural, and other attractions
in the AGTBID as a tourist destination
2% assessment on the amount charged per occupied room per night for all transient occupancies
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Annual Hearing
Assessment reviewed annually
AGTBID Advisory Board Annual Report
2020 Annual Report presented to and approved by Council on April 27, 2021
Streets and Highways Code 36534 process followed
Adopt resolution of intention to levy annual assessment for upcoming fiscal year – completed on April 27, 2021
Conduct hearing to receive any written or oral protests against continuation of the AGTBID – today’s hearing
5/25/2021
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Proposed Budget
AGTBID Advisory Board proposed budget for Fiscal Year 2021-22
Based on the anticipated year-end results for FY 2020-21, expect to collect $136,000 in FY 2021-22
Projections are lower than previous years due to COVID-19’s impact on tourism, but with 9% increase compared to FY 2020-21
Includes $5,000 to the City for vacation rental code compliance services
Proposes appropriation of $92,750 from the fund balance
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5/25/2021
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Recommendation
It is recommended the City Council: 1) Conduct a public hearing to receive testimony regarding the City Council’s intention to continue the AGTBID and levy an annual assessment for Fiscal
Year 2021-22; 2) Determine whether a legally sufficient number of protests have been made; 3) If a legally sufficient protest is not made, adopt a Resolution confirming the Advisory
Board’s report and levying an annual assessment for the AGTBID for the FY 2021-22; and 4) Adopt a Resolution approving the FY 2021-22 budget for the AGTBID.
5/25/2021
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Questions?
Jocelyn Brennan, South County Chambers of Commerce
5/25/2021
Grant Review Panelists:
Mayor Ray Russom
Council Member George
Erika Bylund – Point Sur Advisors
Ron Reily – Garing Taylor & Associates
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