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Council debates transparency after Business Improvement District seeks transfer to Riverwalk District
Summary
Council members questioned a proposed transfer of BID funds to the Kiel Riverwalk District, saying budget documents lack itemization and the BID’s agreement may have expired; members asked for further meetings and clearer reporting before approving ongoing general-fund matches.
Council members on an unnamed date questioned a proposed transfer of Business Improvement District (BID) funds to the Kiel Riverwalk District and raised concerns about transparency and the BID’s budget accounting.
Council members said the BID board asked to transfer funds to the Riverwalk District, with one staff comment noting a requested transfer of $8,000 and later references in the discussion to a transfer of $88,000. "The Kiel Riverwalk District had requested ... a total of $8,000 in funds to the KRWD," a city staff member said,…
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