City Clerk report relative to the Fiscal Year 2026 Annual Planning Report for the Arts District Los Angeles, Property-Based, Business Improvement District.

This item is a City Clerk report concerning the Fiscal Year 2026 Annual Planning Report for the Arts District Los Angeles Business Improvement District (BID). The report, submitted by the District's owners' association, details the planned improvements and activities for the upcoming fiscal year, including Clean & Safe programs, Communications, and Management/Office/City Fees. The total estimated expenditure for FY 2026 is $2,210,569.84, with 75% allocated to Clean & Safe initiatives. The report confirms no changes to the District's boundaries or benefit zones and that the assessment method remains based on Parcel Square Footage and Building Square Footage. The Arts District LA BID was initially established in 2023 and is operating under a seven-year term ending in 2030. There is no fiscal impact on the City's General Fund.

Residents and businesses within the Arts District LA will continue to benefit from services funded by property assessments, such as enhanced safety patrols, street cleaning, and graffiti removal, as outlined in the district's annual plan.

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