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Council sets public hearing to renew and expand Downtown Tracy Community Benefit District
Summary
Council voted to declare intent to renew and expand the Downtown Tracy Community Benefit District (PBID), authorized the city manager to sign the supporting petition and to cast a city ballot in favor of renewal; ballot count and public hearing set for August 19, 2025.
The City Council declared its intent to renew and expand the Downtown Tracy Community Benefit District (a Property and Business Improvement District, PBID), authorized the city manager to sign the petition supporting the renewal and to cast the city's ballot in favor, and set a public hearing and ballot count for August 19, 2025.
Staff said the proposed PBID renewal would cover 118 parcels and 70 property owners within the expanded boundary and projected assessment revenue of approximately $295,786 annually under the proposed plan (an increase of about $108,379 compared with the 2015 plan). The management plan allocates budgeted assessments across four categories: district identity (35%), civil/sidewalk benefits (25%), administrative costs (35%) and contingency/reserve (5%). The district includes residentially‑zoned parcels that will not pay assessments; the city is the largest property owner in the proposed district and staff noted a total city assessment impact of $39,815 to the General Fund if the renewal moves forward.
Staff explained the petition process: if property owners representing more than 50% of the proposed assessments sign the petition, the city will adopt a resolution of intent and initiate the 45‑day ballot process; ballots would be tallied at the August 19 public hearing. Staff recommended that the council sign the petition to meet the threshold and proceed with the ballot process; council approved the recommendation unanimously. TIKA (Tracy city center association) representatives and downtown property owners spoke in support.
Why it matters: A renewed PBID would fund ongoing services such as downtown events and marketing, enhanced sidewalk cleaning and beautification, administration and a contingency reserve. The PBID would be a locally funded mechanism—paid by assessed downtown property owners—to support downtown revitalization over 10 years if property‑owner ballots are favorable.
Next steps: Staff will distribute ballots under the PBID formation law (Streets & Highways Code §36600 et seq.), conduct outreach to property owners and hold the August 19 public hearing and ballot count. If a majority of weighted ballots favor renewal, council will adopt a resolution forming the district and authorize the assessment levies for the next 10 years.
