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Presentation

Riverside City Council
October 3, 2023

Document
Presentation
Meeting
October 3, 2023
Body
Riverside City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

9/21/2023
1 RiversideCA.gov
1 RiversideCA.gov

ARLINGTON BUSINESS IMPROVEMENT

DISTRICT ANNUAL ASSESSMENT
City Council
October 3, 2023
Finance Department
RiversideCA.gov
2 • The Arlington Business Improvement District (Arlington BID) was formed in 2002
• California Streets and Highways Code Section 36500
requires that the BID assessment be approved by the City Council annually
– Adoption of a Resolution of Intention, September 19, 2023 – Public Hearing to hear and rule on any protests to Arlington BID assessments and projects

BACKGROUND
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9/21/2023
2 RiversideCA.gov
3 ARLINGTON BID LOCATION
RiversideCA.gov
4 • BID Assessment
– Collected through the annual Business Tax process
– Rate of 90% of the non-discounted business tax charge, not to exceed $400 per business
• No changes proposed for the coming year
FISCAL YEAR 2023/24
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3 RiversideCA.gov
5 • ABP recommends continuation/advancement of the
following improvements and activities:
– General and Administration
– Beautification Grants and Projects
– Marketing, Events, and Activities
FISCAL YEAR 2023/24
RiversideCA.gov
6 Strategic Priority 3 – Economic Opportunity
Goal 3.1 – Facilitate partnerships and programs to develop, attract and retain innovative business sectors.

Cross-Cutting Threads

STRATEGIC PLAN ALIGNMENT
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4 RiversideCA.gov
7 That the City Council:

1. Conduct a public hearing to hear and rule on any protests to the annual assessment proposed for the Arlington
Business Improvement District for Fiscal Year 2023/24; and

2. Adopt a Resolution confirming the annual report of the Arlington Business Partnership, acting as the advisory board to the Arlington Business Improvement District, and levying assessments for Fiscal Year 2023/24.

RECOMMENDATIONS
7

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