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There are 878 parcels owned by 389 stakeholders in the Industrial District. The total District budget is currently $1,835,612 per year (as of 2010) and is composed of the following elements:
Enhanced Safety Programs:
• Downtown Industrial District Business Improvement District patrol to address crime prevention/suppression in the District.
• Bicycle Patrol (7 days: 7:00am-5:30pm)
• Vehicle Patrol (7 days: 7:00am-9:00pm)
Dispatch Center- 7:00am to 9:00pm 213-228-8484 ext. 210
Maintenance Programs:
• Illegal Dumping
• Trash Removal
• Graffiti Removal
• Sidewalk Cleaning
Special Programs:
• Trash containers and banners
• Work with non-profits to develop community generated projects
• Business Trade Directory
• Assist in promoting local events
Budget:
BIDs are financed through special assessments upon real estate properties that receive special benefits from the improvements and activities. Annual assessments are based upon an allocation of program costs and a calculation of assessable lot square footage. One property assessment variable - lot footage - is used in the calculation. Calculation of Assessments:
Cost Per Lot Square Foot
Zone 1: $0.03041
Zone 2: $0.1010
Non-Profit Parcels: $.00582
The funds are allocated as follows:
| SAFE AND CLEAN PROGRAMS | $1,360,539 | 74% |
| COMMUNICATION / DEVELOPMENT | $79,154 | 4% |
| ADVOCACY/ADMINISTRATION | $267,426 | 15% |
| RESERVE DELINQUENT/SLOW PAY | $91,781 | 5% |
| CITY FEE | $36,712 | 2% |
Duration:
The District has a 5-year life that began on January 1, 2010 and will end on December 31, 2014.
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