ARLINGTON COUNTY, VIRGINIA

Transcription

1 ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of February 23, 2013 DATE: January 31, 2013 SUBJECT: Request to advertise a public hearing to consider the Calendar Year 2013 Rosslyn Business Improvement Service District ( Rosslyn BID ) tax rate as part of the overall real estate tax rate. C. M. RECOMMENDATION: Advertise for the public hearing on March 28, 2013, to consider a proposed Calendar Year (CY) 2013 tax rate for the Rosslyn Business Improvement Service District ( Rosslyn BID ) of $0.078 per $100 of assessed value that is in addition to the current real estate rate, using the attached resolution (Attachment I). ISSUE: As part of the regular budget process, authorization from the County Board is being requested to advertise a public hearing to consider the tax rate for the RBID to fund the Fiscal Year (FY) 2014 budget and work plan of the RBID. The setting of this additional tax rate requires a public hearing, and this hearing must be publicly noticed. SUMMARY: Assessments for the RBID in CY 2013 increased 2.67 percent over the CY 2012 assessments. At the current tax rate of $0.078 per $100 in assessed value, $3,630,847 in revenue for RBID would be generated, which is $94,333 more than CY BACKGROUND: A group of Rosslyn commercial property owners, acting as a steering committee for the establishment of a business improvement district, proposed that the County Board establish such a district in the Rosslyn core area to further promote development of Rosslyn as a world class commercial center providing services that benefit both commercial and residential properties and encouraging businesses to locate, and people to live, in Rosslyn. At its December 7, 2002 meeting, the County Board adopted an ordinance creating the Rosslyn Business Improvement Service District for the purpose of providing additional levels of services to the commercial and residential properties in the district, above those funded from the Countywide General Fund activities. The Rosslyn BID is entering its eleventh year of operation. County Manager: ##### County Attorney: ***** 20. E. Staff: Richard Stephenson, Department of Management and Finance

2 The service district levies an ad valorem property tax on real estate located within the district. By law, the extra services provided in the district must be directed at properties included within the district. The additional tax levy is established, assessed and collected through the normal County tax billing and collection processes. The County Board, as the governing body, approves the services, appropriation level and management of the District. DISCUSSION: The business improvement service district comprises 483 parcels in the Rosslyn core and the service area is comprised of approximately 20 blocks. Enhanced services provided in the service district will be in the areas of: 1) Beautification, Cleaning, and Maintenance; 2) Community Activities and Events; 3) Transportation, Parking, Pedestrian and Safety Programs; 4) Marketing and Promotion; 5) Social Programs; and other services as deemed desirable by the Board of Directors and as approved by the County Board. The proposed tax rate of $0.078 per $100 of assessed value will generate $3,630,847 in revenues to fund the proposed Rosslyn BID work plan for FY FISCAL IMPACT: There is no fiscal impact to the County for the additional tax rate imposed on the Rosslyn Business Improvement Service District. The County receives 1% of the service district s supplemental tax rate revenue to offset the costs of administering the Rosslyn Business Improvement Service District. These funds are included in the County Manager s FY 2014 Proposed Budget.

3 ATTACHMENT I RESOLUTION ESTABLISHING A 2013 TAX LEVY RATE FOR THE ROSSLYN BUSINESS IMPROVEMENT SERVICE DISTRICT ( ROSSLYN BID ) RESOLVED, that the County Board of Arlington County, acting as the governing body of the Rosslyn Business Improvement Service District ( Rosslyn BID ), does hereby establish a calendar year 2013 tax levy for the District in the amount of $0.078 per one hundred dollars of assessed value of all taxable real estate located within the boundaries of the Rosslyn Business Improvement Service District ( Rosslyn BID ), and; BE IT FURTHER RESOLVED, that such taxes, when and if appropriated by the County Board, acting as the governing body of the Rosslyn Business Improvement Service District ( Rosslyn BID ), shall be used solely to fund the Budget and Work Program of the District as adopted by the County Board for the purposes of the District. Hope Halleck, Clerk Arlington County Board

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17 Rosslyn Business Improvement Corporation (RBIC) REVISED FY 2014 Budget Request February 5, 2013 Proposed FY 2013 FY 2014 Budget Budget Revenue 4200 Combined Arlington County Funds 4211 County Funds-Current FY 3,452,750 3,589, County Funds-Carryover (committed to-date) * 568, , County Funds-Carryover (County FY 12 Interest) * 3, Arlington County Retained Funds 4225 Arl County Admin Fee 35,300 36, Delinquency Appeals Set Aside 48,464 5,300 Total 4200 Combined Arlington County Funds 4,108,052 4,030, Urban Design Support-restricted 50, Interest Income 12,000 10, Magazine Advertising 35,000 35, Artists & Farmers Market Other Income 2,500 2,500 Total Revenue 4,208,052 4,078,847 * NOTE: This table also illustrates how the RBIC intends to allocate its FY 13 and FY 14 carryover funds.

18 Proposed FY 2013 FY 2014 Budget Budget Expenses 5000 Personnel Costs - Current FY 774, , Personnel Costs - Carryover 40, , , Marketing & Promotion 6100 BID Marketing-Current Year 187, , BID Marketing-Carryover 10,000 40, Web Site 39,500 40, Publications 140, , Retail Guide-Carryover 25, Mkt Research, Benchmark, Survey 5,000 5,000 Total 6000 Marketing & Promotion 382, , Programs 7100 Homeless Services 135, , Public Realm Improvements 7210 Ambassador Services 436, , Landscaping Services 339, , Landscaping Special Projects-Carryover 250, , Entries 30,000 30, Street/Sidewalk Amenities 37, , Trash/Recycling Receptacles 40,000 40, Banners 15,000 22,000 Total 7200 Public Realm Improvements 1,147,500 1,060, Economic Development 7310 Artisphere Support-Current FY 300, , Artisphere Support-Carryover 110, Urban Design Support 53,000 25, Retail Initiatives-Carryover 15, Street Festivals-Current Year 70, Street Festivals-Carryover 66, Other Promotion-Current FY 30, Other Promotion-Carryover 17,500 Total 7300 Economic Development Promotion 616, ,000

19 7500 Community Activities Proposed FY 2013 FY 2014 Budget Budget 7511 Jazz Festival 100, , /19 Other Concert/Cultural Series 107,000 90,000 Total 7510 Concerts 207, , Public Art-Current Year 50,000 50, Public Art-Carryover 50, Arts Festival 150, Community Events-Current Year 90,000 50, Community Events-Carryover 50, /90 Other Special Events 98, , County Personnel 101, , County Administrative Fee 1,600 1,400 Total 7500 Community Activities 598, , Transportation, Parking, Pedestrian & Safety 7620 Shuttle Transit Service 20,000 50, Signage-Current FY 17, Signage-Carryover 25,000 20, Safety & Security Program 50,000 50,000 Total 7600 Trans, Parking, Pedestrian & Safety 112, ,000 Total 7000 Programs 2,609,600 2,388, Management & Administration 8100 Personnel Support Costs 28,500 28, Administrative Costs 97, , Office Space Costs 87,400 90, Professional Fees 100, ,000 Total 8000 Management & Administration 313, , All Other Costs 9200 Taxes 5,000 3, RBIC Internal Contingency , County Administrative Fee (1%) 35,300 36, Appeals-Current Year (2.5%) 48,464 5, Other 2,500 Total 9000 All Other Costs 88,952 76,047 Total Expenses 4,208,052 4,078,847