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HomeMy WebLinkAbout2023-04-26; Carlsbad Tourism Business Improvement District; ; Finance UpdateCARLSBAD TOURI SM BUSINESS IMPROVEMENT DISTRICT Staff Report Meeting Date: April 26, 2023 To: Carlsbad Tourism Business Improvement District From: Matt Sanford, Economic Development Manager Staff Contact: Jason Rosado, Finance Manager Subject: Jason.Rosado@carlsbadca.gov, 442-339-2473 Finance Update Recommended Action Receive an informational report regarding CTBID funds, 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 Cal ifornia Environmental Quality Act under California Public Resources Code Section 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. Exhibits None. April 26, 2023 Item 1 Page 1 of 1