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Downtown Burbank Property Based Business Improvement District (PBID) Annual Report Fiscal Year 2023
Pursuant to Section 36650 of Streets and Highways Code
Section One
Proposed Boundary Changes: Any proposed changes in the boundaries of the property and business improvement district or in any benefit zones or classification of property or businesses within the district.
Response: In Fiscal Year (FY) 2023, there will be no changes to the boundaries of the PBID or classifications of property within the PBID.
Section Two
Programs and Services for FY 2023: The following are improvements and programs to be provided for FY 2023 which runs from January 1 to December 31.
Response:
A. Capital Improvements and Maintenance -
• Maintain w eekly porter services including trash pickup and sidewalk sweeping, doubled on high-traffic days Thursday-Sunday; • Maintain sidewalk power washing three times a month;
• Installation of district-wide holiday décor, and year-round ambient lighting, and
• Build-out new, semi-permanent, dining decks in communal dining parklets.
B. Marketing and Events - Maintain a marketing firm to create an updated comprehensive marketing prog ram including social media marketing, branding and advertising campaign s, new wayfinding signage , and updated broker marketing materials. Sponsor the co-production of local events to attract visitors to
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the area, for example , the Downtown Burban k Arts Festival and Burbank Winter Wine Walk.
C. Economic Enhancements - Maintain Hospitality and Social Outreach Services through StreetPlus to encompass homelessness assistance and street performer management, parklet maintenance, daily business outreach, safety, maintenance support, and reporting of public health and safety and trash concerns.
D. Administration – Maintain funding of staff salaries, retain insurance for the Board of Directors and Downtown Burbank Partnership Liability, prepare taxes and financial statements , and attend local and regional conferences related to the operation and evolution of the PBID.
E. Contingency - Maintain contingency for unf oreseen expenses incurred in 202 3, and for future renewal costs.
F. Contractual Obligations with the City - Credit to the City for costs related to collection and disbursement of PBID assessments and operational costs for general office expenses.
Please note, programs and services may be subject to change based on marketing performance and Board priorities.
Section Three
Approved Budget for FY 2023: An estimate of the cost of providing the improvements and the activities for that fiscal year.
Response: The estimated budget for implementing improvements and activities for FY 2023 is $1,277,966.55.
Section Four
Assessment Rates: The method and basis of levying the assessment in sufficient detail to allow each real property or business owner, as appropriate, to estimate the amount of the assessment to be levied against his or her property or business for that fiscal year.
Response: The assessment rate for each parcel is based on parcel type, parcel square footage, and frontage along San Fernando Boulevard between Magnolia Boulevard and Budget Category Amount Percent
Capital Improvements and Maintenance $529,305.00 41%
Marketing and Events $260,150.00 20%
Economic Enhancements $190,000.00 15%
Administration $208,772.00 16%
Contingency $19,428.14 2%
Contractual Obligations with City $70,311.41 6%
Total Assessment Funding $1,277,966.55 100%
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Alameda Avenue. The initial annual assessment rate to each parcel is shown in the table below. Parcels with residential uses and residential portions of mixed-use parcels are not assessed.
Initial Parcel Assessment Rates
Zone 1 Zone 2 Zone 3
Parcel Type
Parcel Size
(sq. ft.)
Parcel Size
(sq. ft.)
Parcel
Frontage Along
San Fernando
Blvd (In ft.)
Parcel Size
(sq. ft.)
Parcel
Frontage Along
San Fernando
Blvd (In ft.)
Commercial $0.1700 $0.2080 $2.60 $0.1600 $2.00
Government $0.1190 $0.1456 $1.82 $0.1120 $1.40
Industrial $0.0850 $0.1040 $1.30 $0.0800 $1.00
Section Five
Carryover Dollars from Fiscal Year 2022: The amount of any surplus or deficit revenues to be carried over from a previous fiscal year.
Response: The total carryover from December 31, 2022, is $588,910.41.
Section Six
Estimated Contributions: The amount of any contributions to be made from sources other than assessments levied pursuant to th e Property and Business Improvement District Law.
Response: The estimated amount of all projected contributions made from other sources is estimated at $6,000. These contributions are generated from interest income.