Title
Overview of City Council actions concerning the 2018 Downtown Development Authority budget, Business Improvement District (BID) operating plans and budgets, General Improvement District (GID) budgets, Special Improvement Maintenance District (SIMD) budgets, and related matters
Presenter:
Carl Schueler, Comprehensive Planning Manager
Charae McDaniel, Acting Budget Director
Body
Summary:
This briefing provides background on the upcoming annual actions City Council must take regarding the 2018 operating plans, budgets and related matters for various City-related districts and authorities.
Previous Council Action:
In October and November of prior years, Council has approved the operating plans and budgets for Business Improvement Districts (BIDs), the budget for the Colorado Springs Downtown Development Authority (DDA), and budgets and mill levies for its General Improvement Districts (GIDs) and Special Improvement Maintenance Districts (SIMDs). In August 2014, Council adopted a standard template for BID operating plans and budgets.
Background:
Each year City Council must undertake a variety of primarily budget-related actions concerning the districts it either controls or has a statutory role in. These actions and anticipated dates include the following:
Council Work Session - Oct. 9th
* BIDs (11): At the first work session in October, BID operating plans and budgets and DDA budget are initially provided to City Council and summarized.
Regular Council Meeting - Oct. 10th
* GIDs (3): At the first meeting in October, City Council (as the GID Boards) sets the Public Hearings for the second meeting in November (preliminary budgets are submitted). As the GID Boards, the requests to set the Public Hearings are approved by motion (no resolution or ordinance).
Regular Council Meeting - Oct. 24th
* BIDs (11): At the second meeting in October, BID operating plans and budgets are presented to City Council for approval (by memo and motion -...
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