3975473 - Ocean Avenue Community Benefit District - Annual Report - FY2017-2018 - Referral FYI 061219

City Hall 1 Dr. Carlton B. Goodlett Place, Room 244 BOARD of SUPERVISORS San Francisco 94102-4689 Tel. No. 554-5184 Fax No. 554-5163 TDD/TTY No. 554-5227 c: Todd Rydstrom, Office of the Controller Ken Rich, Office of Economic and Workforce Development J’Wel Vaughan, Office of Economic and Workforce Development Lisa Pagan, Office of Economic and Workforce Development Chris Corgas, Office of Economic and Workforce Development M E M O R A N D U M TO: Ben Rosenfield, City Controller, Office of the Controller Joaquin Torres, Director, Office of Economic and Workforce Development FROM: John Carroll, Assistant Clerk, Government Audit and Oversight Committee, Board of Supervisors DATE:  June 12, 2019 SUBJECT: LEGISLATION INTRODUCED The Board of Supervisors’ Government Audit and Oversight Committee has received the following proposed legislation, introduced by Supervisor Yee on June 4, 2019: File No.  190664 Resolution receiving and approving the annual report for the Ocean Avenue Community Benefit District for FY2017-2018, submitted as required by the Property and Business Improvement District Law of 1994 (California Streets and Highways Code, Sections 36600, et seq.), Section 36650, and the District’s management agreement with the City, Section 3.4. If you have any comments or reports to be included with the file, please forward them to me at the Board of Supervisors, City Hall, Room 244, 1  Dr.  Carlton B.  Goodlett Place, San Francisco, CA 94102. FILE NO. 190664 RESOLUTION NO.
[Ocean Avenue Community Benefit District-Annual Report-FY2017-2018] Resolution receiving and approving the annual report for the Ocean Avenue Community Benefit District for FY2017-2018, submitted as required by the Property and Business Improvement District Law of 1994 (California Streets and Highways Code, Sections 36600, et seq.), Section 36650, and the District's management agreement with the City, Section 3.4.

WHEREAS, On September 28, 2010, pursuant to the Property and Business Improvement District Law of 1994 (the "Act"), California Streets and Highways Code, Sections 36600 et seq., as augmented by Article 15 of the San Francisco Business and Tax Regulations Code, the Board of Supervisors adopted Resolution No. 437-10, expressing the City's intention to establish the Ocean Avenue Community Benefit District (the "Ocean Avenue CBD"); and

WHEREAS, On December 14, 2010, the Board of Supervisors adopted Resolution No. 587-10 establishing the Ocean Avenue CBD ("Resolution to Establish") for a period of 15 years, commencing FY2010-2011; and

WHEREAS, On May 24, 2011, the Board of Supervisors adopted Resolution No. 221-11, authorizing an agreement with the owners' association for the administration/management of the Ocean Avenue CBD, and a management agreement (the
"Management Contract") with the owners' association, the Ocean Avenue Association, was executed accordingly; and

WHEREAS, A copy of the Management Contract is on file with the Clerk of the Board of Supervisors in File No. 110438 and Supervisor Yee BOARD OF SUPERVISORS Page 1

WHEREAS, On September 25, 2018, the Board of Supervisors approved the Ocean Avenue CBD's annual reports for FY2016-2017 in Resolution No. 314-18; and

WHEREAS, The Ocean Avenue CBD has submitted for the Board's receipt and approval the annual report for FY2017-2018 as required by Section 36650 of the Act and Section 3.4 of the Management Contract; and

WHEREAS, The annual report for FY2017-2018 is on file with the Clerk of the Board of Supervisors in File No. 190664, and is incorporated herein by reference as though fully set forth; and

WHEREAS, Supporting documents, including, but not limited to, a transmittal letter and O memorandum report from the City's Office of Economic and Workforce Development, dated May 15, 2019, and documentation from the Ocean Avenue CBD for the FY2017-2018 annual report are on file with the Clerk of the Board of Supervisors in File No. 190664; now, therefore, be it RESOLVED, That the Board of Supervisors hereby receives and approves the annual report for the Ocean Avenue Community Benefit District for FY2017-2018. Supervisor Yee BOARD OF SUPERVISORS Page2 HELLO, NEIGHBORI The Ocean Avenue Association has started its eighth year of providing cleaning, maintenance, beautification, and marketing services to the Ocean Avenue Community Benefits District. This letter contains the highlights of our current work projects. Cleaning and Maintenance Cleanscapes SF, under contract with OAA, pro­
vides cleaning and maint~nance services to Ocean Avenue six days per week while Arborist Now provides tree pruning and maintenance services· as needed. In the last year, OAA worked with the Mayor's Fix-It team, Public Works, and the Municipal Transportation Agency on issues of trash contain­
ers and trash management on the CBD corridor. Most of the sidewalk trash receptacles have been replaced. OAA also provided input to Public Works staff to better manage the corridor's pri­
vate newspaper boxes. Transportation OAA is tracking the SF Park and Residential Per­
mit Parking pilot programs, which will impact parking availability on and around Ocean Ave­
nue. OAA advocates for transportation improve­
ments to Ocean Avenue to provide pedestrian and bicyclist safety and landscaping from Geneva to San Jose Avenues, including the I-280 Ocean Avenue off-ramp realignment plan. We believe that bikeshare provides an attractive transit option for commuters and shoppers, and in the past year, OAA advocated for stationed and stationless bikeshare to serve Ocean Avenue, City College of San Francisco, San Francisco State University, and the Balboa Park station area. Safety In the wake of three pedestrian fatalities on Ocean Avenue in the past year, OAA has advocat­
ed for Vision Zero improvements, worked with the County Transportation Authority and SFMTA to improve pedestrian safety conditions along the corridor, particularly for dangerous pedestrian intersections on the Western end of Ocean Ave­
nue. This past year, OAA was awarded a District Participatory Budgeting grant for SFMTA to install a flashing pedestrian beacon at the cross­
walk of Granada and Ocean avenues. Ocean Avenue has two new beat officers. Officers Keyon Watson and Mark Pineda have developed good working relationships with merchants and residents. OAR s staff interact with the officers daily about a variety of concerns. Following two random shooting incidents early in 2017, SF SAFE -a nonprofit provider of pub­
lic safety education -provided a Business Secu­
rity Survey of Ocean Avenue and the intersection of Brighton and Holloway avenues. The report suggested improvements such as increased light­
ing and business security cameras. Arts and Culture Public art makes the corridor more attractive to residents, merchants and visitors. OAA is com­
mitted to commissioning more public art work in the corridor as a multi-year effort. OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 2
-Since 2013 OAA has been creating sidewalk gar­
dens throughout the corridor, in partnership with San Francisco Public Works and Friends of the Urban Forest. In June of 2017 OAA completed the landscaping and mural installation of two major public parcels at Geneva and Ocean avenues. Our next major project is a gateway sculpture on Ocean Avenue at Ingleside library, which will serve as a sculptural arch to the planned pedestri­
an and bicycle pathway to the Balboa Reservoir housing development. OAA has also set up a mu­
ral and mosaic fund with grant funding, and we are researching nighttime lighting enhancements for the retail district and Unity Plaza. In 2017-18 and ongoing, OAAreceived District 7 Participatory Budgeting funding to program Uni­
ty Plaza with arts and crafts tabling and music events. OAA has also been working with the new owners of the Timothy Pflueger-designed El Rey theater at 1970 Ocean Avenue, now a city land­
mark. Besides preserving its unique design, the revitalization of the El Rey Theater offers a great economic development opportunity to bring attention to the adjacent blocks, long blighted by vacant storefronts, on the Western end of the retail district. Business Services OAA has supported Happy Vape, one of the Avenue's small businesses, to change operations to a hookah lounge and secure permission to extend their business hours. OAA worked with new business owners at Kaisen Don and the Fog Lifter Cafe to secure beer and wine permits and extend their hours and offerings. We also work to fill vacant storefronts with appropriate uses. This past year, OAA conducted an informal survey of Ocean Avenue business patrons to propose types of businesses they want on Ocean Avenue. This helps us to get the right fit for empty storefronts. This past year OAA worked with the SF Shines program to re-do the front facade of Quickly and Auto 280. OAAhas helped to qualify four of our oldest businesses for a new city Legacy Business program: Beep's Burgers, Faxon Garage, Ocean Hair Design, and The Ave Bar. During Small Business Week the OAA and the Ingleside Mer­
chants Association honored these businesses at The Ave Bar. Commercial Corridor Planning OAA has made input into the land use plan and buildings design of the Balboa Reservoir housing project, particularly in regard to the Ocean Ave­
nue commercial district. In 2017, OAA completed a multi-year effort to create a Historic Preservation Survey for Ocean Avenue. The survey identifies potential signif­
icant historic buildings on the CBD corridor, which allow for small business tenancy and contribute to the neighborhood's overall charac­
ter. The survey can also be used in the future to designate a hist~.ric district in the corridor. After leading the charge to landmark the former El Rey theater, OAA engaged the owners about revitalizing the storefronts, facade, lobby, and auditorium. Rehabilitating this building would restore retail and cultural life back to the western end of the retail corridor. Residents and merchants have responded posi­
tively to this approach. We believe this arts and landscaping approach helps us plan the future of Ocean Avenue and the Ingleside community. Moving Forward OAA staff, board of directors, and stakeholders look forward to working with the City of San Francisco to improve the quality of life for those who live, work;-and visit Ingleside. Dan Weaver, Executive Director OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 3 PUTTING PEOPLE IN UNITY PLAZA OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 4 PROMOTING OUR SMALL BUSINESSES KUDOS In May 2018, the Ocean Avenue Association along with the Ingleside Merchants Asso­
ciation, held a celebration for the neighborhood's four Legacy Businesses: Ave Bar and Lounge, Beep's Burgers, Faxon Garage, and Ocean Hair Design. OAA assisted these four businesses with obtaining legacy status and is working with others as well. Counter­
clockwide from the top left: Beep's Burgers' manager Giselda Perez, Ocean Hair Design owners Allen Dang and Cindy Huynh, Faxon Garage owner Walee Gon, and Ave Bar owners Lucia Fuentes Zarate and Bomani Cuangula. OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 5 HONORING OUR HERITAGE ARTS ALIVE INGLESIDE In June of 2018, OAA installed permanent banners featuring designs by San Francisco artists Ekevara Kitpowsong and Pixelstud™. Both works of art prominently feature the former El Rey theater. The banners' original art was initially displayed on Ocean Avenue along with 72 other artists' work as part of Arts Alive Ingleside. OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 6 SERVICES RECAP Public Rights of Way, Sidewalk Operations and Public Safety

• Sweeping sidewalks

• Emptying trashcans on Muni boarding islands

• Graffiti removal within 24 hours of notifica­
tion

• Regularly scheduled steam cleaning of side-walks and Muni boarding islands

• Spot pressure washing as needed

• Emptying overfilled city trash cans

• Weeding tree wells and sidewalks

• Watering newly planted trees and landscap-ing

• Painting city light poles

• Removal of illegally posted notices on poles
-and other street furniture

• Wiping down street furniture

• Removing trash and bulk items from the pub­
lic right of way

• Remove feces and needles from the public right of way District Identity and Streetscape Improvements

• Continued to work with San Francisco Pub­
lic Works for maintenance of its open space property, newspaper rack problems,sidewalk maintenance, etc. and the Planning Depart­
ment on rezoning and the Ocean Avenue Corridor Study implementation.

• Worked with a core group of neighbor­
hood-based volunteers and Lick-Wilmerding High School students to hang holiday decora­
tions on the Ocean Avenue palm trees. .

• OAA began a monthly event series at Unity Plaza, called the Ocean Avenue Arts Bazaar, in partnership with San Francisco Arts Com­
mission, OMI Cultural Participation Project, Lick-Wilmerding High School

• The Street Life Committee meets monthly to discuss and plan streetscape improvements and marketing events focused primarily at Unity Plaza

• The Business Committee continues to meet to discuss ways to support small businesses and fill retail vacancies on the Ocean Avenue corridor.

• OAA engaged with the Office of Econom-ic and Workforce Development's SF Shines small business facade improvement program to make over two storefronts

• Arts Alive Ingleside Banner project continued for corridor marketing of the retail district Administrative and Corporate Operations

• Ensure functioning of CBD and compliance with City contract and management plan.

• Apply for grants to bring additional resources to the CBD.

• Ensure compliance with California's Brown Act in noticing and conducting our meetings.

• Continue to recruit a variety of board mem­
bers representing Ocean Avenue property owners, businesses and community members.

• Communicate with residential and other com­
munity organizations to address issues in the community and raise awareness about Ocean Avenue.

• Monitor contracts and services. Assist con­
tractors and developers and new businesses in problem solving as necessary.

• Continue our promotion and marketing pro­
gram with free events at Unity Plaza and at Ocean Avenue businesses.

• Increase and improve upon communication between CBD Board and property owners.

• Publish Mid Year and Annual Reports.

• Continue as active participants of the San Francisco CBD /BID Consortium.

• Support all committees of the Board of Di­
rectors including the Street Life and Business Committees. OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 7 ASSESSMENT METHODOLOGY
+FINANCIALS ASSESSMENT METHODOLOGY The assessment was raised 3.0% for FY 2017-2018. The proposed annual budget, including a cost estimate of providing the improvements and ac­
tivities for 2017-2018 FY, is shown on the follow­
ing pages. There are no proposed changes in'the boundar­
ies of the improvement district or in any benefit zones or classification of property or businesses within the district. The method and basis of levying the assessment in sufficient detail to allow each real property or business owner to estimate the amount of the as­
sessment to be levied against his or her property for that fiscal year is presented below. The amount of surplus or deficit revenues to be carried over from a previous fiscal year is $28,353
'from unpaid assessments for years I:.VII. The amount of any contributions made other than assessments are discussed in the above sec­
tion entitled "Fundraising."
ZONE l ASSESSMENT CALCULATION 2018-19 RATE CHART Commercial, Residential, and Public Uses and Phelan Loop Parcel.. ........... $30.86 per Linear Street Foot Non-Profit Service Organization and Religious Institutional Uses ............... $24.66 per Linear Street Foot Commercial Property Use ........................................................................... $0.1304 per Building Square Foot Commercial Property Use ..................................................................................... $0.0324 per Lot Square Foot Phelan Loop Corner Landscaped Parcel.. ............................................................... $1.54 per Lot Square Foot Phelan Parcels Fronting and Accessed off of the Phelan Plaza ...................... $0.0674 per Lot Square Foot ZONE 2 ASSESSMENT CALCULATION 2018-19 RATE CHART Educational Institutional Property Use and Public Property Use ............................... $15.32 per Linear Street Foot OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 8 JULY 2017 -JUNE 2018 STATEMENT Income Actuals Assessments $ 364,890.00 Grants $ 45,784.00 Other $ 37,107.00 Operating Reserve $ 185,242.00 Total Income $ 633,023.00 Expenses Actuals Personnel $ 166,334.00 Management & Operations $ 29,761.00 Cleaning, Maintenance & Safety $ 152,250.00 Marketing & Beautification $16,511.00 Contingency & Reserves $-Grant-Funded Projects $ 75,527.00 Total Expenses $ 440,383.00 Net Income $ 192,640.00 July 2017 -June 2018 Balance Sheet Assets Cash Recievables Other Total Assets Liabilities Accounts Payable Other Total Liabilities Total Net Assets JULY 2018 -JUNE 2019 BUDGET Assessments Grants Other Operating Reserve Total Income Expenses Personnel Management & Operations Cleaning, Maintenance & Safety Marketing & Beautification Contingency & Reserves Grant-Funded Projects Total Expenses Net Income Actuals
$ 200,864.00·
$ 28,353.00
$-
$ 229,217.00 Actuals
$ 7,368.59
$-
$ 7,368.59
$ 221,848.41
$ 349,279.00
$ 161,043.00
$ 34,927.00
$ 191,668.00
$ 736,917.00 Budget
$ 155,925.00
$ 65,165.00
$ 173,500.00
$ 36,050.00
$15,000.00
$ 152,138.00
$ 597,778.00
$ 139,139.00 Budget
$ 377,654.00
$167,029.00
$ 34,167.00
$ 185,242.00
$ 764,092.00 Budget
$ 151,440.00
$ 60,665.00
$ 160,300.00
$ 30,425.00
$12,500.00
$ 162,667.00
$ 577,997.00
$ 186,095.00 OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT Variance
$12,764.00
$ 121,245.00
$ (2,940.00)
$-
$ 131,069.00 Variance
$ (14,894.00)
$ 30,904.00
$ 8,050.00
$13,914.00
$12,500.00
$ 87,140.00
$ 137,614.00
$ (6,545.00)
17-2018 ANNUAL REPORT 9 FUNDRAISING Total funds raised through outside dollars, in kind services and volunteer services since the last report:
In kind donations of meeting space from Lick Wilmerding High School at totaling $900. Holiday decorations: total of 4 hours of volunteer service provided by 15 volunteers at a value of
$28.46 /hour and 30 Lick-Wilmerding High School volunteers for 3 hours at $15 /hour. Total is $3,057.60. FY 2018-2019 Grants to the CBD include $30,000 from the Mayor's Office of Housing and Community Development for staff payroll, benefits and accounting costs; $40,000 from the Office of Economic and Workforce Development for a Public Life Study of Ocean Avenue and Corridor Activation; $5,000 from OMI Community Collaborative for Ocean View Library programming; $15,400 for Mural and Mosaic Fund from District 7 Participatory Budgeting; and $25,000 for a Granada Crosswalk Beacon from Dis­
trict 7 Participatory Budgeting. Total new grants: $115,400. (OAA also has an unspent $40,500 grant for public art from the Mayor's Office of Housing.)
CHARITY STATUS Since establishing in 2011, OAAhas been a 50l(c)(4) nonprofit, which restricts our fundraising activities to seeking grant awards. In 2018, we are working with an attorney consultant to secure 501(c)(3) pub­
lic charity status, which will allow us to solicit tax-exempt donations and conduct public fundraising campaigns. FUNDRAISING FOR GATEWAY SCULPTURE Sculptor Eric Powell has designed a bold vision for a new sculptural gateway at Ingleside Library. OAA has secured grant funding to build the sculpture, but we need the community's help to make this vision a reality. In 19, OAA will conduct a fundraising campaign to raise money for this sculpture and other public art projects in the neighborhood. OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT . 2017-2018 ANNUAL REPORT 10 WHO WEARE OCEAN AVENUE ASSOCIATION STAFF EXECUTIVE DIRECTOR Dan Weaver ASSOCIATE DIRECTOR Neil Ballard BOARD OFFICERS CHAIR/ PUBLISHER / INGLESIDE-EXCELSIOR LIGHT Alexander Mullaney BOARD DIRECTORS PRINCIPAL / CHUNG ENTERPRISES LP Howard Chung MANAGER I WHOLE FOODS MARKET Janene Summer land DIRECTOR / LICK-WILMERDING HIGH SCHOOL Christy Godinez OWNER / FAXON GARAGE Walee Gon VICE CHAIR I OWNER / OCEAN ALE HOUSE Miles Escobedo PUBLIC AFFAIRS OFFICER / CITY COLLEGE OF SAN TREASURER /ATTORNEY / PACHULSKI STANG ZIEHL FRANCISCO
& JONES LLP Jeff Hamilton Henry Kevane SECRETARY / SENIOR MANAGER / BAMTECH MEDIA Shirley Lima OWNER/AVEBARANDLOUNGE Lucia Fuentes Zarate STREET LIFE COMMITIEE CHAIR I OWNER / OCEAN ALE HOUSE Miles Escobedo BUSINESS COMMITIEE CHAIR/ PUBLISHER / INGLESIDE-EXCELSIOR LIGHT Alexander Mullaney OCEAN AVENUE ASSOCIATION COMMUNITY BENEFIT DISTRICT 2017-2018 ANNUAL REPORT 11 SMALL BUSINESS SERVICES AVAILABLE!
REFERRALS AND CONSULTATIONS FREE FOR OCEAN AVENUE SMALL BUSINESSES
.... Counterclockwide from top left: Ave Bar owners Lucia Fuentes Zarate and Bomani Cuangula, Faxon Garage owner Walee Gon, Beep's Burgers owner Samantha Wong, and Ocean Hair Design owner Cindy Huynh. The Ocean Avenue Association offers a range of services to all small businesses operating along Ocean Avenue between Manor Drive and Howth Street. Over the years, OAA has assisted small business owners with lease negotiation, compliance and applying for the San Francisco Legacy Business registry. The OAA presently offers refferal and consultation Ready for assistance?
Contact Alexander Mullaney
(415) 215-4246 amullaney@gmail.com for Business Planning; Marketing Plan (Advertising and Marketing Assistance); Financial Projections
/ Analysis; Loan Packaging; Lease Negotiation /
Commercial Ownership Feasibility or Acquisition;
Bookkeeping / Budgeting / Accounting; Retail Merchandising; Location / Site Identification; and San Francisco Legacy Business Application. The OAA is pleased to serve so many businesses. Financial Reporting BENCHMARK 1: Whether the variance between the budget amoonts for eac.h ser11lce c.ategorvwas within 10 percentage points from the budget Identified In the Management Plan Servke CategofY'/Budget Une SA 73 ·Ocean Ave C8D

• aeanlng, Maintenance, and Safety Program SA 73. Ocean Ave (8D· Marketing, Streetscape Improvements, and Beautification Pro1ram SA 73 ·Ocean Ave C8D

• Minagement and Operations ContlngencvandReser11e TOTAL BENCHMARK 2: General Benefit Requirement Revenue sources Assessment Revenue Total Assessment (Special Benefit} Revenue Contributions and Sponsorships Grants Donations Interest Earned Earned Revenue Other Total Non-Assessment (General Benefit) Revenue Total GeneralBeneHt Dollars
,250.00 $
6.58 $ 630.00 $ 103.40 $
,419.98 Is Management Plan %ofBudget FY2011·18 Budget Assessment Budget 3,750.00 51.65% $ 196,902.00
,221.42 18.04% $ 174,124.00 62,370.00 26.03% $ 140,471.00 10,236.60 4.27% $ 12,500.00 0.00% $ 0.00% $ 0.00% $ 239,578.02 1100.00% $ 523,997.00 BENCHMARK 3: Whether the varfanc.e between the budget amout and actual expenses within a fiscal year was within 10 percentage points ' SA 73 ·Ocean Ave Servk.e Categoiy/Budget Une FY 1017·18 Bud1et Amount from Amount from General "otBud&el Assessment Benefit Asseumehl' SA 73 -Otean Ave CBD -Cleaning, Maintenance, and Safety Program $ 196,902.00 s 196,902.00 s 50.84% SA 73 -Ocean Ave (80 -Marl:et!ng, Streetscape Improvements, and Beautification Program $ 174,124.00 s 67,457.00 s 106,667.00 17.42% SA 73 ·Ocean Ave CBD· Management aod 0 eratlons $ 140,471.00 s 110,471.00 $ 30,000.00 28.52% Continge and Reserve $ 12,500.00 $ 12,500.00 $ 3.23% 0 $ $ $ 0.00%. $ $ 0.00% $ $ 0.00% TOTAL IS sn,997.oo Is 387,330.00 $ 136,667.00 100.00%
BENCHMARK4: Whether CBD !s lndlcatlng the amount of funds to be carried fol'\Yard lnlo lhe next fiscal year and designating projects to be spent In current fiscal year SA 73

• Otean Ave CBD

• Marl:et!ng, Streetscape Improvements, andBeautlfkatlonProgram SA 73 · Otean Ave CBD-Management and OoeratloM Cont!ngencvand Reser11e SpedalP10Jectlotal Total Designated Amount for FY 2017·18
.23% s 26.81% s 2.39% s 0.00% s 0.00% s 0.00% s 100.00% s
% of Budget I Varlanc.e
.58%1 ·14.08%
.23%1 15.19% 26.81%1 0.77% 2.39;!. O.cxn!. O.cxn!. O.OOl< 100.00%
(
8,156.00 18.55% 31.17% 1.13% 112,535.00 24.44% 25.39% ·4.08" O.Ollll O.OOl< ·3.23% O.Ollll 0.00% 0.00" 0.00% O.OOl< 0.00" O.Ollll O.OOl< 0.00% 443,235.00 100.00% 100.00%
l OCEAN AVENUE ASSOCIATION CONSOLIDATED FINANCIAL STATEMENTS June 30, 2018
(WITH COMPARATIVE TOTALS AS OF JUNE 30, 2017)
==============CROSBY & KANEDA Certified Public Accountants for Nonprofit Organizations OCEAN A VENUE ASSOCIATION Independent Accountants' Review Report Consolidated Financial Statements:
Consolidated Statement of Financial Position Consolidated Statement of Activities Consolidated Statement of Cash Flows Consolidated Statement of Functional Expenses Notes to the Consolidated Financial Statements
-2 -10 CROSBY & KANEDA Certified Public Accountants for Nonprofit Organizations Board of Directors Ocean A venue Association San Francisco, California ·
INDEPENDENT ACCOUNTANTS' REVIEW REPORT 70 Broadway Suite 930 Oakland, CA 94612 www.ckcpa.biz 0-835-2727 We have reviewed the accompanying consolidated financial statements of Ocean A venue Association (the Organization), which comprise the consolidated statement of financial position as of June 30, 2018, and the related consolidated statements of activities, cash flows and functional expenses for the year then ended, and the related notes to the consolidated financial statements. A review includes· primarily applying analytical procedures to management's financial data and making inquiries of Organization management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the consolidated financial statements as a whole. Accordingly, we do not express such an opinion. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America;
this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement whether due to fraud or error. Accountants' Responsibility Our responsibility is to conduct the review engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the American Institute of Certified Public Accountants. Those standards require us to perform procedures to obtain limited assurance as a basis for reporting whether we are aware of any material modifications that should be made to the consolidated financial statements for them to be in accordance with accounting principles generally accepted in the United States of America. We believe that the results of our procedures provide a reasonable basis for our conclusion. Accountants' Conclusion Based on our review, we are not aware of any material modifications that should be made to the accompanying consolidated financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America. Report on Summarized Comparative Information The accompanying summarized comparative information as of and for the year ended June 30, 2017 is derived from financials that were previously reviewed by us and we stated that we were not aware of any material modifications that should be made to those financial statements in order for them to be in conformity with accounting principles generally accepted in the United States of America in our repo1i dated February 16, 2018. We have not performed procedures in connection with that review engagement since that date.
~.=~CfAs UP May 1, 2019 OCEAN A VENUE ASSOCIATION Consolidated Statement of Financial Position June 30, 2018
(With Comparative Totals as of June 30, 2017) Assets Current Assets Cash $ 197,415 Assessments receivable 9,494 Grants receivable 35,537 Due from City 9,798 Total Assets $ 252,244 Liabilities and Net Assets Liabilities Accrued liabilities $ 7,763 Unrestricted net assets 244,481 Total Liabilities and Net Assets $ 252,244 See Independent Accountants' Review Report and Notes to the Financial Statements $
$
$
$ 6,859
,921
,455
,722 9,957
,618 8,339 9,957 OCEAN A VENUE ASSOCIATION Consolidated Statement of Activities For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017) Support and Revenue Government grants $ 100,365 Assessment revenue 321,539 Miscellaneous income 7,607 Total Support and Revenue 429,511 Expenses Program 352,417 Management and General 65,005 Fundraising 25,947 Total Expenses 443,369 Change in net assets (13,858)
Unrestricted Net Assets, beginning of year 258,339 Unrestricted Net Assets, end of year $ 244,481 See Independent Accountants' Review Report and Notes to the Financial Statements $ 71,763 1,231
,001 6,995 7,921
,520
,874 1,315
(24,320)
2,659
$ 258,339 OCEAN A VENUE ASSOCIATION Consolidated Statement of Cash Flows For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017) Cash flows from operating activities:
Change in net assets $ (13,858)
Adjustments to reconcile change in net assets to cash provided (used) by operating activities:
Change in assets and liabilities:
Assessments receivable 15,427 Grants receivable (25,082)
Due from City 27,924 Accrued liabilities 6,145 Net cash provided (used) by operating activities 10,556 Net change in cash 10,556 Cash, beginning of year 186,859 Cash, end of year $ 197,415 See Independent Accountants' Review Report and Notes to the Financial Statements $ (24,320)
,785
(7,255)
(31,605)
,150
(12,245)
(12,245)
9,104
$ 186,859 OCEAN A VENUE ASSOCIATION Consolidated Statement of Functional Expenses For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017)
Salaries Retirement contributions Employee benefits Payroll taxes Total Personnel Fee for service Advertising and promotion Supplies and office expenses Travel and meals Conferences and meetings Insurance Licenses, fees and other expense Total Expenses Management Program and General Fund.raising
$ 98,926 $ 26,577 $ 22,148
,175 1,122 935 1 248 206
,341 2,241 1,868 2,363 30,188 25,157 5,948 18,687
,106
,771 390
,591 ,240
,983 400
$ 352,417 $ 65,005 $ 25,947 See Independent Accountants' Review Report and Notes to the Financial Statements Total $ 147,651 $
,232
,375
,450 7,708 4,635
,106
,161
,591 ,240
,383
$ 443,369 $ 3,198
,222
,351
,746 0,517 0,321
,550
,320 ,947
,829 1,315 OCEAN AVENUE ASSOCIATION Notes to the Consoliqated Financial Statements For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017)
NOTE 1: NATURE OF ACTIVITIES The Ocean Avenue Association (the Organization) is a California nonprofit corporation that manages the Community Benefit District (CBD) established in December of 2010. Services began in July 2011 along the Ocean Avenue corridor in the Oceanview-Merced­
Ingleside neighborhood. The Organization's mission is to revitalize the Ocean Avenue corridor from Interstate 280 to Manor Drive through sanitation, safety programs, marketing, promotion and advocacy for property and business owners. The Organization is committed to making the Ocean A venue corridor a vibrant and safe place by providing programs and services that improve the quality of life for those who live and work in the community. Entrepreneurs, merchants and neighborhood stakeholders benefit from the Organization in numerous ways. The Organization advocates for local businesses by reaching out to elected officials and City agencies on topics such as zoning, urban design, and tax policy. The Organization also serves as an ombudsman, helping members to access public services. The Organization provide.s supplemental sanitation services 6 days a week, inclusive of sidewalk sweeping, reporting incidents to 311, graffiti removal from private and public property and power washing sidewalks and transit boarding islands. The Organization also promotes the district through publications, programs, and advertising by supporting a range of community events, from holiday decorations to summer events. NOTE 2: SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (GAAP). Basis of Consolidation The Organization has the ability to appoint a majority of the board of the Ingleside Community Fund (the Fund), a California nonprofit corporation. The Fund had no income, expenses or net assets during the year ended June 30, 2018. For presentation, GAAP requires that activities of entities that have a majority of their board controlled by another entity be consolidated I combined. Basis of Presentation The Organization presents information regarding its financial position and act1v1hes according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets. The three classes are differentiated by donor restrictions. Unrestricted net assets -consist of resources which have not been specifically restricted by a donor. Unrestricted net assets may be designated for specific purposes by the Organization or may be limited by contractual agreements with outside parties. OCEAN AVENUE ASSOCIATION Notes to the Consolidated Financial Statements For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017)
Temporarily restricted net assets -represent contributions and other inflows of assets whose use is limited by donor-imposed stipulations that expire by the passage of time or can be fulfilled and removed by actions of the Organization pursuant to those stipulations. There were no temporarily restricted net assets at June 30, 2018. Permanently restricted net assets -represent contributions and other inflows of assets whose use is limited by donor-imposed stipulations that neither expire by passage of time nor can be fulfilled or otherwise removed by actions of the Organization, other asset enhancements and diminishments subject to the same kinds of stipulations or reclassifications from or to other classes of net assets as a consequence of donor-imposed stipulations. There were no permanently restricted net assets as of June 30, 2018. Contributions Contributions, including unconditional promises to give, are recognized as revenues in the period the promise is received. Conditional promises to give are not recognized until they become unconditional; that is when the conditions on which they depend are substantially met. Contributions of assets other than cash are recorded at their estimated fair value at the date of contribution. Contributions to be received after one year are discounted at an appropriate rate commensurate with the risks involved. Amortization of the discount is recorded as additional contribution revenue in accordance with donor-imposed restrictions, if any, on the contributions. Unrestricted contributions and grants are recorded as unrestricted revenue when received. All contributions are considered to be available for unrestricted use unless specifically restricted by the donor. All donor-restricted contributions are reported as increases in temporarily or permanently restricted net assets, depending on the nature of the restriction. When a restriction expires
(that is, when a stipulated time restriction ends or purpose restriction is accomplished), temporarily restricted net assets are reclassified to unrestricted net assets and reported in the consolidated statement of activities as net assets released from restrictions. Assessments and Grants Receivable Assessments receivable primarily consists of delinquent tax assessments owed by property owners. Since the taxpayers will be subject to City enforcement procedures, all assessments are considered to be fully collectible at June 30, 2018. Although delinquent assessments are subject to penalties and fines, the Organization believes that these amounts will be offset by delays in collections. Accordingly, no receivable has been recognized for penalties and fines and the Organization has not calculated the present value of this receivable. The Organization considers all grants receivable to be fully collectible at June 30, 2018. Accordingly, no allowance for doubtful accounts was deemed necessary. If amounts become uncollectible, they are charged to expense in the period in which th<!t determination is made. OCEAN A VENUE ASSOCIATION Notes to the Consolidated Financial Statements For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017)
Income Taxes The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under Internal Revenue Code Section 50l(c)(4) and the California Revenue and Taxation Code Section 23701(£). The Organization has evaluated its current tax positions as of June 30, 2018 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organization's tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively after they are filed. Contributed Services Contributed services are reflected in the consolidated financial statements at the fair value of the services received only ifthe services (a) create or enhance nonfinancial assets or (b)
require specialized skills, are performed by people with those skills, and would otherwise be purchased by the Organization. There were no contributed services that met the criteria for recognition for the year ended June 30, 2018. Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Fair Value Measurements Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Organization determines the fair values of its assets and liabilities based on a fair value hierarchy that includes three levels of inputs that may be used to measure fair value. Level 1 -Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Organization has the ability to access at the measurement date. Level 2 -Inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly. Level 3 -Unobservable inputs for the assets or liability. The Organization had no assets or liabilities recorded at fair value on June 30, 2018. Concentration of Credit Risk At times, the Organization may have deposits in excess of federally insured limits. The risk is managed by maintaining all deposits in high quality financial institutions. Property and Equipment All acquisitions of property and equipment in excess of $2,500 and all expenditures for repairs and maintenance, renewals, and betterments that materially prolong the useful lives OCEAN A VENUE ASSOCIATION Notes to the Consolidated Financial Statements For the Year Ended June 30, 2018
(With Comparative Totals for the Year Ended June 30, 2017)
of assets are capitalized. Property and equipment are stated at cost or, if donated, at the approximate fair value at the date of donation. Depreciation is computed using the straight­
line method over the estimated useful lives on the property and equipment. The Organization had no property and equipment that met this capitalization policy at June 30, 18. Functional Allocation of Expenses The costs of providing various programs and other activities have been summarized on a functional basis in the consolidated statement of activities. Accordingly, certain costs have been allocated among the programs and supporting services benefited. Prior Year Summarized Information The financial statements include certain prior year summarized comparative information in total but not by net asset class. Such information does not include sufficient detail to constitute a presentation in conformity with GAAP. Accordingly, such information should be read in conjunction with the Organization's financial statements for the year ended June
, 2017, from which the summarized information was derived. Reclassifications Certain accounts in the prior year's summarized information have been reclassified for comparative purposes to conform with the presentation in the current-year consolidated financial statements. Subsequent Events The Organization has evaluated subsequent events and has concluded that as of May 1, 19 the date that the consolidated financial statements were available to be issued, there were no significant subsequent events to disclose. NOTE3: CONCENTRATIONS Special benefit assessments are received under a contract with the City and County of San Francisco and represent approximately 75% of the Organization's total revenue. Under the terms of the contract, the City and County can suspend distributions and ultimately terminate the contract if the Organization fails to provide adequate services to the district or fails to perform other responsibilities. The contract expires on June 30, 2025 and could be terminated at an earlier date if the Organization is disestablished by a vote of more than
% of the assessed owners. NOTE4: RETIREMENT PLAN The Organization sponsors a Simple IRA retirement plan for employees. The Organization contributes 3% of gross salary for each eligible employee. The Organization contributed
$6,232 and $4,222 to the plan during the years ended June 30, 2018 and 2017, respectively. Office of Economic an_d Workforce Development MEMO City and County of San Francisco: Office of Mayor London N. Breed Economic and Workforce Development: Joaquin Torres, Director To: President Norman Yee; District 7 Supervisor and President of the Board of Supervisors CC: San Francisco Board of Supervisors;
Chris Corgas, OEWD Senior Program Manager From: Helen Mar, OEWD Project Manager RE: Ocean Avenue Community Benefit District Date: May 15, 2019 This is a memo summarizing the accomplishments of the Ocean Avenue Community Benefit District
{"Ocean Avenue CBD" or "CBD") and an analysis of its financial statements {based on their audit) for the period between July 1, 2017, and June 30, 2018. Each year, the CBD is required to submit a mid-year report, an annual report and a CPA financial review or audit. Ocean Avenue CBD has complied with the submission of all these requirements. OEWD staff, with assistance from the Controller's Office, reviewed these financial documents to monitor and report on whether they have complied with the rules per the Property and Business Improvement District Law of 1994, California Streets and Highways Code Sections 36600 Et Seq.; San Francisco's Business and Tax Regulations Code Article 15; the Ocean Avenue CBD management contract with the City; and their Management Plan approved by the Board of Supervisors in 2010. Also attached to this memo are the following documents:
. Annual Reports a. FY 2017-2018
. CPA Financial Review Reports a. FY 2017 -2018
. Draft resolution from the Office of Economic and Workforce Development p: 415.554.6969 f. 415.554.6018 Background The Ocean Avenue CBD includes both privately-and publicly-owned properties. The district covers 12 blocks and includes approximately 151 parcels.

• December 14, 2010: the Board of Supervisors approved the resolution that established the Ocean Avenue Community Benefit District for 15 years (Resolution# 587-10).

• May 24, 2011: the Board of Supervisors approved the contract for the administration and management of the Ocean Avenue Community Benefit District (Resolution #221-11).

• April 19, 2016: the Board of Supervisors approved the annual report for the Ocean Avenue Community Benefit District for FY 2014-2015 (Resolution# 141-16). -.

• March 21, 2017: the Board of Supervisors approved the annual report for the Ocean Avenue Community Benefit District for FY 2015 -2016 (Resolution# 097-17).

• September 25, 2018: the Board of Supervisors approved the annual report for the Ocean Avenue Community Benefit District for FY 2016 -2017 (Resolution# 314-18)
Basic Information about the Ocean Avenue Community Benefit District:
Year Established Assessment Collection Period Services Start and End Date Initial Estimated Annual Budget Fiscal Year Executive Director Name of Nonprofit Owners' Entity December 2010 FY 2010-2011 to FY 2024-2025 (July 1, 2010 to June 30, 2025)
July 1, 2011-December 31, 2025
$239,578 July 1-June 30 Daniel Weaver Ocean Avenue Association ("OAA'')
The current CBD website www.oceanavenueassociation.org includes all the pertinent information about the organization and their programs, a calendar of events, their Management Plan, Mid-Year Report, Annual Report and meeting schedules. Summary of Program Areas Cleaning, Maintenance, and Safety The Ocean Avenue Management Plan calls for approximately 52% of the budget to be spent on Cleaning, Safety, and Maintenance. OAA contracts with CleanScapes to provide cleaning and maintenance. Two workers are employed who clean and maintain the public realm six days a week. These services include sweeping and steam cleaning sidewalks and Muni boarding islands; removing graffiti within 24 hours;
topping off city trash cans; spot pressure washing; reporting and monitoring of illegal dumping of small and large items in the public right-of-way; wiping down furniture; removing weeds from tree wells;
removing posted notices on city poles and other street furniture; and painting city poles. Marketing, Streetscape Improvements, and Beautification Approximately 18% of the annual budget is allocated for public space development .and streetscape improvements. This program area includes but is not limited to promoting the district through a website that includes information about their purpose and accomplishments, sponsoring special events such as holiday events and monthly concerts, and developing marketing activities that support efforts to recruit and retain businesses. Management & Operations The Ocean Avenue CBD is staffed by a full-time Executive Director who (1) performs the day-to-day management of the organization, (2) serves at the focal point person for the district, (3) advocates for city funds and services and (4) ensures that the organization is in compliance with their Management Plan and City contract. The CBD Management Plan calls for approximately 26% of the budget to be spent on management and operations. The Ocean Avenue CBD board has eleven (11) members represented by residents, property owners, community organizations, non-profit arts organizations, government and educational institutions and businesses. The Board shall include no less than five and no more than eleven members, and be composed of at least 50% of property owners, or property owners' designated representatives, who are paying the CBD assessment. In addition to the property owners, at least 20 percent of the Board shall be representatives of non-property-owning businesses within the CBD boundaries. The Board also includes representatives from neighborhood organizations. Currently, board composition is 50% property owners,
% non-property owning businesses, and 20% residents. This structure complies with Article 15 of the San Francisco Business and Tax Regulations Code. The full board meets monthly. The committees are detailed below:

• Executive Committee -oversees central operations of the organization and ensures the functioning of key areas: staff and contracts; corporate finances; insurance; grants; development of budget; board agendas and meetings; correspondence; outreach; bylaws and policies; public relations; and newsletters.

• Street Life Committee -composed of corridor business representatives.

• Business Committee -composed of corridor business representatives.

• Public Safety Committee -works with San Francisco Safe to address safety issues impacting businesses within the district and continued the formation work for an Ocean Avenue Business Watch. Summary of Accomplishments, Challenges, and Delivery of Services FY 2017-2018 Cleaning, Maintenance, and Safety

• Removed approximately 1,500 instances of graffiti

• Collected approximately 63,500 pounds of litter

• Completed 2 safety walks/initiatives

• Removed graffiti within 24 hours of notification

• Scheduled regular steam cleaning of sidewalks and Muni boarding islands

• Painted city light poles

• Topped off city trash cans

• Weeded tree wells, sidewalk gardens and sidewalks

• Watered newly planted trees and landscaping

• Painted city poles

• Removed illegally posted notices on poles and other street furniture

• Wiped down street furniture

• Removed feces and needles from the public right of way Marketing, Streetscape Improvements, and Beautification

• Continued to work with SF Public Works for maintenance of its open space property, newspaper rack problems, sidewalk maintenance

• Continued to work with the Planning Department on rezoning the Ocean Avenue Corridor Study Implementation

• Worked with a core group of neighborhood-based volunteers and Lick-Wilmerding High School students to hand holiday decorations on the Ocean Avenue palm trees

• Partnered with San Francisco Arts Commission, OMI Cultural Participation Project, Lick-and Wilmerding High School to begin a monthly event series at Unity Plaza, called the Ocean Avenue Arts Bazaar

• Continued Arts Alive Ingleside Banner project for corridor marketing of the retail district Management & Operations

• Ensured functioning of CBD and compliance with City contract and management plan requirements.

• Applied for grants to bring additional resources to the CBD

• Continued to recruit a variety of board members representing Ocean Avenue property owners, businesses and community members

• Communicated with residential and other community organizations to address issues in the community and raise awareness about Ocean Avenue

• Continued with promotion and marketing program with free events at Unity Plaza and at Ocean Avenue businesses

• Continued to actively participate in the San Francisco CBD/BID consortium

• Ensure compliance with the California Brown Act

• Monitor contracts and services. Assist contractors in problem solving as necessary

• Increased and improved upon communication between CBD Board and property owners

• Published Mid-Year and Annual Reports.

• Supported all working committees of the Board of Directors including: Street Life, Business, Public Safety committees, and Board Development Ocean Avenue CBD Annual Budget Analysis OEWD's staff reviewed the following budget related benchmarks for the Ocean Avenue CBD:

• BENCHMARK 1: Whether the variance between the budget amounts for each service category was within 10 percentage points from the budget identified in the Management Plan (Agreement for the Administration of the "Ocean Avenue Community Benefit District", Section 3.9 -Budget)

• BENCHMARK 2: Whether one percent (1%) of actuals came from sources other than assessment revenue (CA Streets & Highways Code, Section 36650{B}{6}; Agreement for the Administration of the "Ocean Avenue Community Benefit District", Section A -Annual Reports)

• BENCHMARK 3: Whether the variance between the budget amount and actual expenses within a fiscal year was within 10 percent {Agreement for the Administration of the "Ocean Avenue Community Benefit District", Section 3.9 -Budget.

• BENCHMARK 4: Whether the Ocean Avenue CBD is indicating the amount of any surplus or deficit revenues to be carried forward into the next fiscal year and designating the projects to be funded by any surplus revenues (CA Streets & Highways Code, Section 36650{B)(5). FY 2017-2018 BENCHMARK 1: Whether the variance between the budget amounts for each service category was within percentage points from the budget identified in the Management Plan ANALYSIS: The Ocean Avenue CBD met this requirement. See table below. Service Category Management %of FY 2017-2018 %of Variance Plan Budget Budget Budget Budget Percentage Points Cleaning, Maintenance, and $125,000.00 51.65% $196,902.00 50.84% -0.82%
Safety Marketing, Streetscape $43,658.00 18.04% $67,457.00 17.42% -0.62% Improvements, and Beautification Management and $63,000.00 26.03% $110,471.00 28.52% +2.49% Operations Contingency and $10,340.00 4.27% $12,500.00 3.23% -1.05% Reserves Total $241,998.00 100.00% $387,330.00 100.00%
BENCHMARK 2: Whether one percent (1%) of actuals came from sources other than assessment revenue ANALYSIS: The Ocean Avenue CBD met this requirement. Assessment revenue was $321,539.00 or 74.86%
of actuals and non-assessment revenue was $107,972.00 or 25.14% of actuals. See table below. Revenue Sources FY 2017-2018 Actuals % of Actuals Special Benefit Assessments $321,539.00 Total assessment revenue $321,539.00 74.86%
Grants $100,365.00 23.37%
Other $7,607.00 1.77%
Total non-assessment revenue $107,972.00 25.14%
Total $429,511.00 100%
BENCHMARK 3: Whether the variance between the budget amount and actual expenses within a fiscal year was within 10 percentage points ANALYSIS: The Ocean Avenue CBD met this requirement. See Table below. Service Category FY 2017-2018 %of FY 2017 -2018 %of Variance Budget Budget Actuals Actuals Percentage Points Cleaning, Maintenance, and $196,902.00 50.84% $192,544.00 57.01% +6.18%
Safety Marketing, Streetscape $67,457.00 17.42% $62,629.00 18.55% +1.13% Improvements, and Beautification Management and $110,471.00 28.52% $82,535.00 24.44% -4.08% Operations Contingency $12,500.00 3.23% $0.00 0% -3.23% Reserve TOTAL $387,330.00 100.00% $337,708.00 100%
BENCHMARK 4: Whether the Ocean Avenue CBD is indicating the amount of any surplus or deficit revenues to be carried forward into the next fiscal year and designating the projects to be funded by any surplus revenues ANALYSIS: The Ocean Avenue CBD met this requirement. Please note: There is a period between when the City collects assessment payment and when the City disburses the funds to the CBD. As a result, a CBD typically has a fund balance at the end of the fiscal year that is equal to about 6 months of their annual budget. See table below. FY 2017-18 Carryover Disbursement $185,242.00 Designated Projects for 2017-2018 Cleaning, Maintenance and Safety $100,030.68 Marketing, Streetscape Improvements and Beautification $38,900.82 Management and Operations $40,753.24 Contingency and Reserves $5,557.26 Total Designated Amount for Future Years $185,242.00 Findings and Recommendations The Ocean Avenue CBD met all benchmarks as defined on pages 4 and 5 of this memo. For the year in review, the Ocean Avenue CBD has well exceeded its general benefit requirement of one percent (1%) by raising approximately 25% in general benefit dollars. The CBD has acquired a significant amount of funding in the form of grant dollars, in-kind services and volunteer services. Ocean Avenue CBD has implemented all OEWD recommendations from the FY 16-17 annual report. The CBD Partnered with San Francisco Arts Commission, OMI Cultural Participation Project, Lick­
Wilmerding High School to begin a monthly event series at Unity Plaza, called the Ocean Avenue Arts Bazaar. Ocean Avenue CBD worked with OEWD's SF Shines small business fac;:ade improvement program to make­
over two storefronts. Conclusion The Ocean Avenue CBD has performed well in implementing its service plan. The CBD has continued their promotion and marketing program with free events at Unity Plaza and at Ocean Avenue businesses. The CBD also continued with the Arts Alive Ingleside Banner project for corridor marketing of the retail district, the Second Sunday events, large graffiti abatement efforts, and efforts to beautify the Ocean Avenue corridor. The CBD has done a great job in partnering with community stakeholders and numerous municipal agencies for small business technical assistance, business attraction, and fac;:ade improvement along the commercial corridor. The Ocean Avenue Association is a well-run organization with active board and committee members that will continue to successfully carry out its mission in managing the Community Benefit District. Print Form Introduction Form By a Member of the Board of Supervisors or Mayor I hereby submit the following item for introduction (select only one):
[Z] 1. For reference to Committee. (An Ordinance, Resolution, Motion or Charter Amendment)._ 2. Request for next printed agenda Without Reference to Committee. 3. Request for hearing on a subject matter at Committee. 4. Request for letter beginning :"Supervisor inquiries" ~~~~~~~~~~~~~~~~~~~~
5. City Attorney Request. 6. Call File No. from Committee. 7. Budget Analyst request (attached written motion). 8. Substitute Legislation File No .
...---~~____:================:;--~~~
9. Reactivate File No. ~~~~~~~~~~~~~
10. Topic submitted for Mayoral Appearance before the BOS on Please check the appropriate boxes. The proposed legislation should be forwarded to the following:
Small Business Commission 0 Youth Commission 0 Ethics Commission Planning Commission 0Building Inspection Commission Note: For the Imperative Agenda (a resolution not on the printed agenda), use the Imperative Form. Sponsor(s):
!supervisor Yee Subject:
Resolution -Ocean Avenue Community Benefit District-FY 2017-2018 Annual Report The text is listed:
See attached. Signature of Sponsoring Supervisor:
For Clerk's Use Only