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Committee forwards Civic Center and Mid‑Market CBD annual reports to full Board
Summary
The Government Audit & Oversight Committee reviewed OEWD findings that the Civic Center and Mid‑Market Community Benefit Districts met budget and management benchmarks for 2022 and forwarded both annual‑report resolutions to the full Board with a positive recommendation.
The Government Audit & Oversight Committee on May 16 reviewed 2022 annual reports for the Civic Center and Mid‑Market Community Benefit Districts and voted to forward both resolutions to the full Board with a positive recommendation.
Jackie Hazelwood, CBD program director at the Office of Economic and Workforce Development, told the committee that OEWD examined four benchmarks — comparisons of budget to management‑plan budgets, confirmation of non‑assessment revenue obligations, budget‑to‑actual comparisons, and identification of carry‑forwards and designated projects — and found both…
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