HomeMy WebLinkAbout10/15/2024 Item 6a, Hermann, Cano, Clark-Charlesworth - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum
City of San Luis Obispo
Council Agenda Correspondence
DATE: October 15, 2024
TO: Mayor and Council
FROM: Greg Hermann, Deputy City Manager
Prepared By: Jacqui Clark-Charlesworth, Tourism & Community Promotions Manager;
Molly Cano, Economic Development & Tourism Manager
VIA: Whitney McDonald, City Manager
SUBJECT: ITEM 6A. ANNUAL PUBLIC HEARING FOR THE TOURISM BUSINESS
IMPROVEMENT DISTRICT
Staff received the following questions, regarding the Annual Public Hearing for the
Tourism Business Improvement District. The questions are below with staff’s response
shown in italics:
1. “Can you please clarify what the sentence below is saying (from the TBID
staff report, page 496):”
This should read:
Following the Public Hearing, should a sufficient written or oral protest from hotel
businesses in the district which pay fifty percent or more of the assessment not be
received, a continuation of the assessment will be levied for the TBID which shall
be used to promote lodging at the hotels within the district and administer
marketing programs that increase overnight lodging.
2. “Can you please clarify what the highlighted sentence is saying (from the
TBID staff report, page 506):”
Item 6a. Annual Public Hearing for the TBID Page 2
This should read:
Any written protest shall contain a description of the business. If the person signing
the protest is not shown on the official records of the City of San Luis Obispo as
the owner of the business, then the protest shall contain or be accompanied by the
written evidence from the owner that the person is the authorized representative
of the business.
3. “On page 497 of the packet, in the fiscal section of the TBID staff report it
states the following: Can you explain why a reduction in TOT required the
use of TBID fund balance? Does TOT usually cover a percentage of TBID
costs?”
The TBID’s Assessment follows the projections of the Transient Occupancy Tax
(TOT). After the TBID adopted their FY24-25 budget, updated figures showed a
3% reduction in projected revenue for the Transient Occupancy Tax collection by
the City. The TBID had already entered into contracts for FY2024-25 based on the
original projection. In order to continue with those commitments and carry out their
planned work scope, the TBID recommended at their June 13, 2024, meeting to
transfer $66,500 from their un-assigned fund balance into the FY24-25 TBID
program budget. This action was authorized by City Council on July 2, 2024.