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San Jose Civic Gallery City Hall agenda intelligence

Matter 26-759

Downtown San José Property-Based Business Improvement District Annual Report for Fiscal Year 2026-2027.

Budget & Finance City Council Agenda Ready Introduced 09 Jun 2026
1 Document on file 174 KB · 1 extracted · 1 AI summary
File
26-759
Type
Consent Agenda
Status
Agenda Ready
Requester
Unknown
Introduced
09 Jun 2026
Last synced
11 Jun 2026 · 20:12

The papers

1 document · 174 KB
01 174 KB

Memorandum

174 KB Extracted AI Summary
file 811be379-423d-4a1a-ad84-57b55c77fc88.pdf sha f141b4472c4f source unavailable

Official source link unavailable. The file was imported, but the current source metadata does not include a public document URL.

Generated summary AI-assisted

The memorandum discusses the Downtown San José Property-Based Business Improvement District (PBID) Annual Report for Fiscal Year 2026-2027. It includes recommendations for adopting a resolution to approve the work plan, confirm assessments, and direct the Director of Public Works to deliver the assessment roll for tax collection. The report outlines a proposed 2.75% increase in assessment rates to maintain services and details the planned activities and budget for the upcoming fiscal year.

Key points
  • The memorandum is addressed to the Mayor and City Council regarding the Downtown San José PBID Annual Report.
  • It recommends adopting a resolution to approve the Fiscal Year 2026-2027 Work Plan.
  • The PBID proposes a 2.75% increase in assessment rates for the upcoming fiscal year.
  • The report includes details on the calculation of assessment rates and justifications for the increase.
  • The City is the largest property owner in the district, with assessments amounting to $847,334.
  • The memorandum has been coordinated with various city departments and will be posted for public review.
Limitations
  • The text does not provide specific dollar amounts for the total assessment levy or the exact details of the proposed activities.
  • There are unresolved placeholders in the text, such as the specific date of the City Council meeting.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

Extracted text preview · 10,692 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/23/26 26-759 2.20 FROM: John Ristow Matt Loesch DATE: June 1, 2026 Date: 6/9/26 COUNCIL DISTRICTS: 3, 6 SUBJECT: Downtown San José Property-Based Business Improvement District Annual Report for Fiscal Year 2026-2027 RECOMMENDATION Adopt a resolution: (a) Approving the Downtown San José Property-Based Improvement District Fiscal Year 2026-2027 Work Plan prepared by the San José Downtown Property Owners’ Association, as filed or modified by City Council; (b) Confirming the individual assessments as proposed by the San José Downtown Property Owners’ Association, or as modified by City Council; and (c) Directing the Director of Public Works to deliver the assessment roll to the County of Santa Clara for collection with the property taxes. SUMMARY AND OUTCOME The Downtown San José Property-Based Improvement District Fiscal Year (FY) 20262027 Work Plan (Annual Report) describes the operations and outcomes of activities for the upcoming fiscal year. The Annual Report also details how the Downtown San José Property-Based Business Improvement District (PBID) assessment rate is calculated, the...