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This memorandum discusses the approval of the San Jose Hotel Business Improvement District (SJHBID) Annual Report for Fiscal Year 2026-2027 and the levy of assessments. It recommends adopting a resolution to approve the report and confirm the individual assessments. The report outlines planned activities, an assessment increase of $0.50 per zone, and the benefits of the SJHBID in promoting tourism and supporting lodging businesses in San José. The SJHBID was formed to fund marketing and sales promotion efforts for lodging businesses with 80 rooms or more. The memorandum also details the assessment rates for different benefit zones and the management of funds collected from the assessments.
Key points
The SJHBID Annual Report outlines planned activities for FY 2026-2027 and proposes an assessment increase of $0.50 per zone.
The SJHBID supports lodging businesses with 80 rooms or more in San José.
The report includes a detailed analysis of the benefits of the SJHBID, including increased tourism and marketing efforts.
The SJHBID was originally formed in 2006 and has undergone renewals as required by law.
The City is responsible for collecting assessment revenue, which is forwarded to San Jose Hotels Inc. for program management.
Limitations
The document includes placeholders and incomplete sections, particularly in the administrative expenses section.
The text appears to be truncated, missing some details about the administrative expenses and other activities.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 21,578 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/16/26 26-697 2.9 FROM: Jen Baker DATE: May 26, 2026 Date: 6/1/26 COUNCIL DISTRICT: Citywide SUBJECT: Actions Related to the Approval of the San Jose Hotel Business Improvement District Annual Report for Fiscal Year 2026-2027 and Levy of Assessments RECOMMENDATION Adopt a resolution approving the San Jose Hotel Business Improvement District Annual Report prepared by San Jose Hotels Inc. for Fiscal Year 2026-2027 as filed or modified by the City Council and confirming and levying the individual assessments as filed or modified by the City Council. SUMMARY AND OUTCOME The San Jose Hotel Business Improvement District (SJHBID) Annual Report (Attachment) describes the planned activities for the district in Fiscal Year (FY) 20262027 and explains how assessments are calculated, the proposed increase in the assessment rate, and justification for the increase. The SJHBID Board of Directors recommends an assessment increase of $0.50 per zone for FY 2026-2027 to support further investments in the listed sales, marketing, and public relations activities, thereby increasing awareness of San José as...
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Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
This document is a draft resolution from the City Council of San Jose, approving the San Jose Hotel Business Improvement District Annual Report for Fiscal Year 2026-2027 and confirming the assessments proposed by San Jose Hotels, Inc. The resolution outlines the history of the Hotel Business Improvement District, its renewal, and the proposed assessment rate increase for the upcoming fiscal year.
Key points
The resolution approves the San Jose Hotel Business Improvement District Annual Report for Fiscal Year 2026-2027.
The resolution confirms assessments proposed by San Jose Hotels, Inc.
The Hotel Business Improvement District was established in 2006 and renewed in 2018 and 2022.
The annual assessment rate may be increased by a maximum of $1.50 per paid occupied room per night over the ten-year term.
The SJHI Board of Directors recommends a $0.50 increase in the assessment rate for Fiscal Year 2026-2027.
The total budgeted revenue for Fiscal Year 2026-2027 is projected to be approximately $4,164,327.
Limitations
The document is a draft and contains placeholders for adoption dates and voting results.
Specific details regarding the final adoption date and voting outcomes are not provided.
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Extracted text preview · 3,941 chars
SAW:KMM:KMF 06/01/2026 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE (1) APPROVING THE SAN JOSE HOTEL BUSINESS IMPROVEMENT DISTRICT ANNUAL REPORT PREPARED BY SAN JOSE HOTELS, INC. FOR FISCAL YEAR 2026-2027 AS FILED OR MODIFIED BY COUNCIL; AND (2) CONFIRMING THE SAN JOSE HOTEL BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS AS PROPOSED BY SAN JOSE HOTELS, INC., OR AS MODIFIED BY COUNCIL WHEREAS, in 2006, the Hotel Business Improvement District (“HBID”) was approved by property owners and adopted by the City Council of the City of San José (“City”) pursuant to Streets and Highways Code Section 36500 et seq, commonly referred to as the Property and Business Improvement Area Law of 1989 (“’89 Law”) to provide revenues for marketing efforts and event opportunities for hotels located in San José; and WHEREAS, the ’89 Law required the HBID to be renewed annually, and, in an effort to implement long-range and larger-scale marketing and visitor attraction programs, on April 24, 2018, the City Council adopted Resolution No. 78561 establishing a new San José Hotel Business Improvement District (“SJHBID”) pursuant to Streets and Highways Code Section 36600 et....