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Committee approves annual reports for Noe Valley, Castro and Discover Polk CBDs; OEWD finds mostly compliant practices

Government Audit and Oversight Committee of the San Francisco Board of Supervisors · April 4, 2024
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Summary

The committee received OEWD's benchmarking review and forwarded annual reports for Noe Valley, Castro and Discover Polk Community Benefit Districts (FY 2021–22). OEWD found Castro met all benchmarks; Noe Valley met most but omitted a carry-forward detail from the report; Discover Polk overbudgeted slightly in one category but OEWD found no adverse effects.

San Francisco — The Government Audit & Oversight Committee on April 4 reviewed and forwarded annual reports for three Community Benefit Districts (CBDs): Noe Valley, Castro and Discover Polk, covering fiscal year 2021–22.

Jackie Hazelwood of the Office of Economic and Workforce Development (OEWD) summarized OEWD's benchmarking analysis. OEWD uses four budget and reporting benchmarks: (1) current budget compared with the management-plan budget; (2) confirmation of non‑assessment revenue…

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