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Committee recommends annual reports for tourism and community benefit districts to full board
Summary
OEWD presented FY2017-18 annual reports for several community benefit districts, highlighting budget compliance, benchmarks met and Moscone expansion outcomes; the committee recommended each report be sent to the full Board of Supervisors with positive recommendation.
San Francisco ' The Government Audit and Oversight Committee on Oct. 17 received presentations from the Office of Economic and Workforce Development (OEWD) and district representatives on annual reports for several community benefit districts and moved to send those reports to the full Board of Supervisors with a positive recommendation.
OEWD's Chris Korges summarized the Tourism Improvement District (TID) and Moscone Expansion District (MED) FY2017-18 reviews, noting the districts met OEWD's benchmark tests on management-plan compliance, budget-versus-actuals and carry-forward reporting. Korges said the TID's assessment budget was approximately $23.6 million for…
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