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HomeMy WebLinkAbout2023-01-11; Carlsbad Tourism Business Improvement District; ; Finance UpdateDocuSign Envelope ID: C78955BA-DC83-488D-A18E-F4C06O8CE6AA CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT Staff Report Meeting Date: Jan. 11, 2023 Subject: Finance Update Recommended Action Receive an information al report regarding CTBID funds and tourism in Carlsbad, discuss and provide recommendations. Item Explanation This item provides an update on CTBID finances, including the CTBID budget, revenue, and forecast. This report will also include Smith Travel Report data. The CTBID Advisory Board will have an opportunity to discuss, ask questions and provide recommendations regarding CTBID finances. Fiscal Impact None. Environmental Impact This action does not constitute a "project" within the meaning of the California Environmental Quality Act under California Public Resources Code Sect ion 21065 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. Jan. 11,2023 ltem#3 Page 1 of 1