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RiversideCA.gov
ARLINGTON BUSINESS IMPROVEMENT DISTRICT ANNUAL ASSESSMENT City CouncilOctober 8, 2024Finance Department RiversideCA.gov2
•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 17, 2024–Public Hearing to hear and rule on any protests to Arlington BID assessments and projects BACKGROUND1 2 9/25/2024
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ARLINGTON BID LOCATION
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•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 yearFISCAL YEAR 2024-20253 4 9/25/2024
3 RiversideCA.gov5
•ABP recommends continuation of the following improvements and activities:–General and Administrative Expenses–Beautification Grants and Projects–Marketing, Events, and ActivitiesFISCAL YEAR 2024-2025 RiversideCA.gov6
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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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 2024-2025; 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 2024-2025.RECOMMENDATIONS7