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Supercommittee approves Yerba Buena Community Benefit District annual reports and presses fundraising equity questions
Summary
The Budget & Finance subcommittee received and approved Yerba Buena CBD annual reports for FY 2007–08 and 2009–10, noted the district’s $2.5 million budget and $2.3 million net assets, and questioned its reliance on outside fundraising and competition for community challenge grants.
The subcommittee received and approved annual reports and the proposed FY 2010–11 budget for the Yerba Buena Community Benefit District. Trina Villanueva of the Office of Economic and Workforce Development presented the CBD’s management plan alignment, governance structure and budget, noting the district receives assessments from about 1,700 properties and dedicates roughly 60% of its budget to sidewalk operations…
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