City of San José
Downtown San José PBID Renewal
Downtown San José
PBID Renewal
City of San José
1 PBID - Proposed Changes
• Add more resources to safe and clean,
including new social impact program
• Move toward a single premium level of
service throughout the district
• Add capacity in areas of activation, business
support, communication and service
innovation/special projects
• Build flexibility into the design of the PBID
City of San José
Downtown San José PBID Renewal
2 PBID - Proposed Boundary
City of San José
Downtown San José PBID Renewal
3 PBID – Expansion vs. Existing
City of San José
Downtown San José PBID Renewal
4 PBID - Budget
City of San José
Downtown San José PBID Renewal
Service Area Current Budget
(2021-22)
Year 1 New
PBID
(2022-23)
% of
Total
Environment:
Clean, Safe, Social Impact & Beautification
$ 3,155,000 $4,110,000 77.8
Economic Vitality:
Business Development, Communications, Service
Innovation, Special Projects
$ 150,000 $ 570,000 10.8
Management, Advocacy & Reserve $ 520,000 $ 600,000 11.4 TOTAL $ 3,825,000 $ 5,280,000 100.0
Revenues
Assessments $3,279,128 $ 4,685,540 88.7
Other: General Benefit Adjustment $0 $ 92,747 1.8
Other: Base Level of Services Agreement $395,000 $ 501,713 9.5 TOTAL $3,674,128 $ 5,280,000 100.0
Other: Contracts $150,872
TOTAL $3,825,000
5 PBID - Assessments
City of San José
Downtown San José PBID Renewal
Existing vs. Proposed Assessment Rates (lot + building square footage) Existing:
Basic
Existing:
Premium
New District:
Premium
% change
Basic/Prem
Commercial 0.0801 0.1342 0.1339 67.2/0.0
Non-Commercial 0.0541 0.1081 0.1083 100.2/0.0
6 PBID - Schedule
• Petition Drive – January to April
• Resolution of Intention – April 19, 2022
• Notice and Ballots Mailed – On or before
April 22, 2022
• Public Hearing – June 7, 2022
• Election – June 7, 2022
– Note: Ballots must be received before close of
Public Hearing on June 7, 2022
City of San José
Downtown San José PBID Renewal
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