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Ocean Avenue and East Cut CBDs meet OEWD benchmarks; committee forwards annual reports
Summary
The Government Audit & Oversight Committee received annual reports for Ocean Avenue and East Cut (Greater Rincon Hill) Community Benefit Districts for FY 2016–17; OEWD staff found both districts met statutory benchmarks and the committee forwarded the reports with recommendation to the full board. Public commenters raised concerns about privatization and labor practices in CBDs.
The Government Audit & Oversight Committee on Sept. 19 received and forwarded two annual reports for Community Benefit Districts covering fiscal year 2016–17.
OEWD senior program manager Chris Korgas summarized staff reviews and benchmarks required under state law (Property and Business Improvement District Law of 1994) and local Article 15 of the San Francisco Business and Tax Regulations Code. Korgas said Ocean Avenue CBD — established in 2010 with an assessment budget of roughly $239,000 — met…
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