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Committee recommends disestablishing small Broadway district and backs annual reports for Castro, Noe Valley and Ocean Avenue CBDs
Summary
The Government Audit & Oversight Committee recommended the Board of Supervisors set a hearing to disestablish the Top of Broadway Community Benefit District after OEWD found it could not sustain services on assessment revenue alone; the committee also forwarded positive reports on the Castro/Upper Market, Noe Valley and Ocean Avenue CBDs.
The Government Audit & Oversight Committee on Sept. 17 recommended the Board of Supervisors set a Nov. 17 hearing to disestablish the Top of Broadway Community Benefit District and recommended positive reports for three other San Francisco property-based CBDs.
Chris Gorgas of the Office of Economic and Workforce Development told the committee the Top of Broadway CBD met three of four OEWD benchmarks for FY 2018–19 but faced a chronic structural deficit after outside subsidies declined. He said the owners association requested early disestablishment because special assessments alone would not sustain operations. "OEWD has confirmed that the CBD has met all requirements to disestablish early,"…
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