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Committee Accepts Ocean Avenue CBD Multi‑Year Reports; OEWD Flags Reporting Issues
Summary
The Government and Oversight Committee reviewed Ocean Avenue Community Benefit District activity for fiscal years 2011–2014. OEWD found most service categories met plan benchmarks but said reporting of grant and carry‑forward funds needs clearer accounting; the committee forwarded the item to the full board.
The Government and Oversight Committee on Jan. 21 accepted annual reports for the Ocean Avenue Community Benefit District covering fiscal years 2011–2014 and forwarded the resolution to the Board of Supervisors for consideration.
The district’s executive director, Dan Weaver, told the committee the Ocean Avenue CBD serves 211 parcels along Ocean Avenue (Manor Drive to Interstate 280) and, per the original management plan, generates $239,578 in assessment revenue subject to annual cost‑of‑living adjustments. Richard Carrillo, Project Manager with the Office of Economic and Workforce Development, said OEWD reviewed three fiscal years (07/01/2011…
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