REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Travis Hopkins, City Manager
VIA: Jennifer Villasenor, Director of Community Development
PREPARED BY: Christopher Kennedy, Economic Development Project Manager
Subject:
title
Approve the Annual Report and Budget for the Huntington Beach Downtown Business Improvement District (District) for Fiscal Year 2025-2026 and adopt Resolution No. 2025-51 to continue collecting an annual fee from businesses in the District, with a public hearing scheduled for October 7, 2025
body
Statement of Issue:
The Huntington Beach Downtown Business Improvement District was established by the City Council in 2004 to fund services and improvements that support businesses in the Downtown area. Each year, the City Council is required to approve the District's Annual Report and Budget and adopt a resolution declaring its intent to levy annual assessments on businesses within the District. This action also sets a public hearing to allow business owners to comment on or protest the assessment.
Financial Impact:
The District's proposed Fiscal Year 2025-2026 assessment budget totals approximately $115,000, which is expected to be collected from business assessments. The City's FY 2025-2026 Operating Budget (Fund 710) includes $125,000 in related revenue and matching expenditures.
Although the nonprofit organization that operates the District, Downtown HB, has a total organizational budget of approximately $972,445 for FY 2025-2026, the City Council's authority is limited to reviewing and approving the portion of the budget funded by business assessments. The remaining revenue comes from other sources, including vendor fees, sponsorships, donations, and event income from Surf City Nights, the Surf City Artisan Fair, and other programs.
Recommended Action:
recommendation
A) Approve the Huntington Beach Downtown Business Improvement District Annual Report and Budget for FY 2025...
Click here for full text