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BID reviews economic-development classes and draft budget; microgrant and phone-booth funding discussed
Summary
Board previewed Fresno-based business classes coming in September and reviewed draft fiscal figures (license-fee receipts down from about $41,690 to $32,316). The BID noted a motion to apply for a $3,000 microgrant (with board support of $2,000 and discussion of raising $1,000) and discussed a $5,000–$6,600 estimated contribution to the phone-booth project.
Chair told the board that Fresno's Center for Community Transformation will offer business workshops in September and that the BID will invite district businesses to participate; the center will present to the BID at the next meeting.
Finance staff reported draft fiscal-year figures: license-fee receipts decreased from about $41,690 in the prior period to approximately $32,316 this year, which staff attributed to some unpaid fees and business turnover. The board discussed phone-booth costs (an estimated $6,600 was cited as an estimated fabrication cost) and noted the BID's prior decision to support the project with approximately $5,000–$6,000 in contribution; some phone-booth expenses had not yet been invoiced to the BID's current fiscal accounting.
Board members recounted a prior motion and award process: a motion to apply for a $3,000 microgrant was made and awarded; the BID had supported allocating $2,000 and discussed raising an additional $1,000. Chair asked staff to monitor invoice timing so that the microgrant and any BID contribution can be applied without losing funds.
