Brief

The City Clerk submitted the 2026 fiscal year annual planning report for the San Pedro Historic Waterfront Business Improvement District (BID), a property-based assessment district serving the 2018-2027 term. The report details the district's operations, finances, and planned activities for the fiscal year. It was referred to the Economic Development and Jobs Committee on September 10, 2026, and remains pending committee review.

Full summary

The San Pedro Historic Waterfront Business Improvement District is a property-based assessment district established to fund improvements and services in the San Pedro waterfront area. This file contains the mandatory annual planning report required for fiscal year 2026, which covers the district's operational activities, budget execution, and plans for the coming year. Business Improvement Districts in Los Angeles are financed through assessments levied on property owners within the district boundary. The annual planning report is a standard requirement that documents how the district has spent its funds and what projects or services it has completed or plans to undertake. These reports are typically used by the City Council to monitor district performance and ensure compliance with the district's formation documents. The report was submitted by the City Clerk on May 4, 2026, and formally referred to the Economic Development and Jobs Committee on September 10, 2026. The file is currently pending in committee and has not yet been scheduled for a vote or public hearing. Given the routine nature of annual BID reports, the file will likely be approved by the committee and Council unless there are specific concerns about district operations or finances raised during review.

Activity (2)

• 2026-09-10 City Clerk document(s) referred to Economic Development and Jobs Committee.
• 2026-09-10 Document submitted by City Clerk, dated May 4, 2026.

Documents (1)

• 2026-09-04 Report from City Clerk · report