Title
Agenda Item:
Parking and Business Improvement Area (PBIA) 2013 Budget
Body
Issue:
With the start of a new year, the PBIA is submitting its recommended budget for review and approval.
Committee Recommendation:
The PBIA Advisory Committee recommends the attached 2013 budget.
City Manager's Recommendation:
Move to approve 2013 PBIA Budget as recommended by the PBIA Advisory Committee.
Staff Contact:
Brian Wilson, Code Enforcement Officer, Community Planning & Development, 360.570.3798
Presenter(s):
Brian Wilson, Code Enforcement Officer, Community Planning & Development
Ken Adney, PBIA Board Chair
Background and Analysis:
In November 2005, the Council established, by Ordinance, a PBIA Assessment District (pursuant to RCW 35.87A.040). The board provides budget recommendations for Council consideration annually. By contract, the Advisory Board receives administrative support from the Olympia Downtown Association. The remainder of the budget is allocated for programs to enhance the downtown business environment. In addition to the items budgeted, the City provides liaison support with City Staff.
The Council has annually reviewed and agreed with preliminary budget recommendations from the PBIA Board for fiscal years 2006-2012.
The estimated annual assessments for 2013 are $114,775. The anticipated collection based on historical compliance rates is $110,000.
Neighborhood/Community Interests (if known):
The PBIA aims to create a better downtown through promoting safety, placemaking, and community events.
Options:
Option 1 - Approve the recommendation of the PBIA
Option 2 - Do not approve one or more of the proposed programs and services; propose alternative programs or services.
Option 3 - Refer the budget back to the PBIA Board to consider alternative programs and services.
Financial Impact:
$110,000 expense budget.