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HomeMy WebLinkAbout2012-06-12; City Council; 20933; Approve Annual Report CTBIDCITY OF CARLSBAD - AGENDA BILL 8 AB# 20,933 APPROVE THE ANNUAL REPORT OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT DEPT. DIRECTOR 3Z^' MTG. 6-12-12 APPROVE THE ANNUAL REPORT OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT CITY ATTY. DEPT. CM APPROVE THE ANNUAL REPORT OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT CITYMGR. lu—^ RECOMMENDED ACTION: Adopt Resolution No. 2012-133 approving the annual report of the Carlsbad Tourisnn Business Improvement District, and continuing the programs and assessments for Fiscal Year 2012-13. ITEM EXPLANATION: On November 15, 2005 the City Council adopted Ordinance No. NS-778 forming the Carlsbad Tourism Business Improvement District (CTBID) pursuant to the Parking and Business Improvement Law of 1989. The ordinance authorized the levying of $1 per-night assessment of each occupied room within the City effective January 1, 2006. The CTBID Board is required to present an annual report for City Council's review and approval for each fiscal year for which assessments are to be levied and collected to pay the costs for the improvements and activities described in the report. This report (Exhibit 1) was approved by the CTBID Board at their May 23, 2012 meeting. Section 36535 (d) of the Streets and Highways Code of the State of California, allows the City Council to "adopt a resolution confirming the report submitted by the advisory [board]", or to "adopt a resolution continuing the program and assessments as levied in the then current year without change, and that resolution shall constitute the levy of an assessment for the fiscal year referred to in the report." If the Council makes no changes to the report or programs, no public hearing is necessary. The CTBID Board is not recommending any changes to the programs and assessments of the CTBID. However, if the Council wishes to make changes to the report, programs or proposed assessments, a public hearing is necessary, and would be scheduled for next available Council meeting following the necessary notice period. Staff is recommending that the Council approve the annual report, and continue the existing programs and assessments of the CTBID by adopting the attached resolution. DEPARTMENT CONTACT: Cheryl Gerhardt, 760-602-2753, chervl.aerhardt(S)carlsbadca.gov FOR CITY CLERKS USE ONLY. COUNCIL ACTION: APPROVED DENIED WITHDRAWN AMENDED CONTINUED TO DATE SPECIFIC • CONTINUED TO DATE UNKNOWN • RETURNED TO STAFF • COUNCIL RECEIVED THE • REPORT/PRESENTATION OTHER - SEE MINUTES • Page 2 FISCAL IMPACT: The CTBID generated approximately $850,000 in revenue in Fiscal Year 2011-2012. The costs incurred by the district during this same period were approximately $797,000. The projected fund balance at the end of Fiscal Year 2011-12 is $123,000. For Fiscal Year 2012-13, the CTBID has estimated revenues of $900,000 and a budget of $885,500 with a projected fund balance of $138,000 at June 30, 2013. ENVIRONMENTAL IMPACT: Pursuant to Public Resources Code section 21065, this action does not constitute a "project" within the meaning of CEQA in that it has no potential to cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, and therefore does not require environmental review. EXHIBITS: 1. CTBID Annual Report. 2. Resolution No. 2012-133 . approving the annual report of the Carlsbad Tourism Business Improvement District, and continuing the programs and assessments for Fiscal Year 2012-13. 9- EXHIBIT 1 Carlsbad Tourism and Business Improvement District (CTBID) Annual Report 2012-2013 Method of Assessment: The CTBID includes all hotel businesses located within the CTBID boundaries. The assessment shall be levied on all hotel businesses, existing and future, within the City of Carisbad based upon a flat fee of $1.00 per occupied room per night for all transient occupancies as defined in section 3.12.020(7) of the Carlsbad Municipal Code. The amount of assessment shall be separately stated from the amount of the rent and other taxes charged, and each transient shall receive a receipt for payment from the operator. The assessment will be remitted monthly, based on $1.00 per occupied room per night in revenues for the previous month. Assessment Funding Purpose: To administer marketing and visitor programs to promote the City of Carisbad as a tourism visitor destination and to fund projects, programs, and activities, including appropriate administrative charges, that benefit hotels within the boundaries of the District. 2012-13 Work Plan: Last fiscal year, the CTBID contracted with Carisbad Convention and Visitors Bureau (dba VisitCarisbad) to provide tourism marketing services for Carisbad. In addition, $19,000 in grants were awarded to fund projects and events to increase the overnight stays in Carisbad hotels. The CTBID 2012-13 budget includes $800,000 in funding for VisitCarisbad. The services provided will focus primarily on driving demand in the leisure market and secondarily in the meetings market. The majority of this will be done by on-line marketing but they will continue to do some print advertising. They will also contract with a public relations firm to work on branding Carisbad. Funding also includes managing the visitor center and publications. The VisitCarisbad Board will review the CTBID grant applicants and make the funding recommendations, for which there is $50,000 allocated this year, to the CTBID Board. Detail of the 2012-13 budget is shown on the following page. 3 2012-13 CTBID Budget Program Areas Description 2010-11 Actuals 2011-12 Budget Current 2011-12 Actuals Projected 2011-12 Actuals Recommended 2012-13 Budget Carryover Fund Balance $65,353 $62,678 62,678 62,678 123,776 Revenues: CTBID Assessment Interest Earnings Prior Year refunds $1 per room night 791,301 761 780,000 0 717,905 404 -12,135 857,880 450 -12,135 900,000 0 Total Estimated Revenues 792,062 780,000 706,174 858,330 900,000 Expenditures: 2% Admin. Fee - City CCVB Payment Staff support CTBID Grants Contingency 2% of CTBID assessment revenue, for collection of CTBID assessment and accounting for CTBID To operate visitor center, market and promote Carlsbad Staff support to the CTBID Grant program established by CTBID Board To be determined by the CTBID Board at a later date 15,820 743,434 15,663 19,820 0 16,500 744,582 16,500 20,000 0 14,230 682,528 12,978 19,000 0 17,157 744,576 16,499 19,000 0 19,000 800,000 16,500 50,000 0 Total Expenses 794,737 797,582 728,736 797,232 885,500 Ending Fund Balance Contingency for Revenue shortfall $62,678 $45,096 $40,116 123,776 138,276 * The Carlsbad Convention and Visitors Bureau is the corporate entity. The Bylaws have been changed during 2009 to an organization that now has seven Board members and the dba "Visit Carlsbad". EXHIBIT 2 1 RESOLUTION NO. 2012-133 2 A RESOLUTION OF THE CITY OF CARLSBAD APPROVING THE CARLSBAD TOURISM BUISINESS IMPROVEMENT DISTRICT (CTBID) ^ ANNUAL REPORT, AND CONTINUING THE CTBID PROGRAMS AND 4 ASSESSMENTS FOR FISCAL YEAR 2012-13 5 WHEREAS, the CTBID was formed in accordance with the California 6 y Government Code Parking and Business Improvement Area Law of 1989 (Sections 8 36500, et. Seq. of the Streets and Highways Code), and 9 WHEREAS, Section 36533 of the Code requires the CTBID Advisory 10 Board to present an annual report to the City Council's for their review and approval for each fiscal year for which assessments are to be levied and collected to pay the cost for the improvements and activities described in the report; and WHEREAS, an Annual Report has been submitted to the City Council for Fiscal Year 2011-12, and 11 12 13 14 15 16 WHEREAS, Section 36535 (d) of the Streets and Highways Code of the 17 State of California, allows the City Council to "...adopt a resolution continuing the program 18 and assessments as levied in the then current year without change, and that resolution 19 shall constitute the levy of an assessment for the fiscal year referred to in the report." 20 21 22 order to levy and assessment for that fiscal year; and 23 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of 24 Carisbad, California, as follows: 25 1. That the above recitations are true and correct. 26 27 28 WHEREAS, the City Council must adopt a new resolution each year in 1 2. That the Annual Report is approved as submitted by the Board of ^ Directors of the Carisbad Tourism Business Improvement District. (Report on file with City Clerk) 3. That the program and assessments as levied in the current fiscal year (2011-12) shall continue without change. 4. That this resolution constitutes the levy of an assessment of $1.00 per 8 room-night, as defined in the formation documents for the CTBID, for the Fiscal Year 9 2012-13. 10 /// /// /// /// /// /// /// /// 11 12 13 14 15 16 17 18 19 /// 20 /// 21 /// 22 23 24 25 26 27 28 /// /// /// /// /// /// -2- ^ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carisbad on the 12*^ day of June 2012, by the following vote to wit: AYES: NOES: Council Members Hall, Kulchin, Blackburn, Douglas and Packard. None. ABSENT: None. MATT HALL, Mayor ATTEST: E M. WOOD, City Cleri< (SEAL)