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F2. BID Budget�■ i~i jaw-!F DOWNTOWN KALISPELL KALISPELL BUSINESS IMPROVEMENT DISTRICT 2023-2024 BUDGET Board of Directors Kisa Davison, Chair Marshall Noice Gabe Mariman Jon Fetveit Cara Lemire Pam Mower Catherine Hooper Potter April 4, 2023 Mayor Johnson and Kalispell City Council, The proposed budget for the Kalispell Business Improvement District follows this letter and keeps in mind the Mission, Vision and Purpose of the District. The Mission of the Kalispell Business Improvement District The Kalispell Business Improvement District is an organization comprised of its members: proud and dedicated people who work together to inspire and create a healthy, vibrant downtown culture that embodies its rich history of beauty, integrity and kindness while fostering a thriving economy. The Vision By creating a beautiful downtown culture, Kalispell will be an attractive, worthy place for the delight of its residents, and the continued success of it entrepreneurs. The Purpose To accomplish its vision of creating a vibrant and dynamic historic business district the BID will: • Build effective partnerships with businesses, institutions, property owners, and city government to maintain a clean and safe community. -Attract, retain and promote quality businesses and retail segments to support our local economy. • Promote Kalispell as a renowned destination point with a business, retail, entertainment and institutional mix offering unique products, services and events. • Coordinate programs designed to promote Downtown Kalispell as the preferred place to shop, work, learn, visit and live. 10 Box 1997 Kalispell, M' 7"'? (406) 253-6923 www.downtownkaHspeR.com KALISPELL BUSINESS IMPROVEMENT DISTRICT BID ASSESSMENT FORMULA Montana Code Annotated 7-12-1133 (2) directs the governing body to annually assess the entire cost of the district against the entire district using a method that best ensures that the assessment on each lot or parcel is equitable in proportion to the benefits to be received. The BID Board has reviewed the current assessment formula and is recommending that the formula for fiscal year 2024 remain the same as the 2023 fiscal year. All property owners within the district will be assessed a flat fee of $100.00, $0.015 per square foot assessment and a taxable value assessment from .0225%. Owner occupied residential properties will not be assessed. The formula would leave the overall budget at approximately the same level as the 2023 fiscal year. After discussion of the new work plan the BID Board of Directors believes that the proposed assessment formula will ensure proportional benefits for the entire district. WORK PLAN 2023 The BID Board of Directors is pleased to let the Mayor, Council and property owners know that the following list from the 2023work plan will be completed prior to the end of the current fiscal year. • Worked with the Kalispell Downtown Association to design and assist with funding of three bike racks downtown, the first of which was installed fall of 2021. The next bike rack is expected to be fabricated by Flathead Valley Community College and installed in April or May 2023. • Awarded $20,000 in Facade Improvement grants. • Beautification — Provided plants for 54 downtown corner planters and 117 hanging flower baskets. The BID also added 8 new baskets of flowers that were delivered and hung within the BID District on the Parkline Trail. • Attended and assisted with the dedication of the Parkline Trail. • Assisted property owners/business owners resolve issues downtown. • Continued investment in our website and social media presence. • Continued to be an advocate for downtown. • Beautification — Provided 1 full time Downtown Ambassador and 1 part time Downtown Ambassador to clean & maintain downtown public areas and BID provided flowers. • Purchased a new golf cart for the district which is utilized to watering flowers and haul trash. • Continue to address the entire district needs and fair distribution of services offered by the BID including facade grants. • Invested in new holiday decorations for Main Street. • Continue to store and hang the holiday decorations every year. • Hired a local firm to begin work on branding and messaging for the downtown district. j?O Box 1997 Kalispell, MT 59903 (406) 253-6923 www.downtownkaHspeR.com KALISPELL BUSINESS IMPROVEMENT DISTRICT WORK PLAN 2024 The following pie chart and detail demonstrates the proposed expenditures for the fiscal year 2024 work plan. BID BUDGET 2023 - 2024 ■ Car-Timunications ■ DeveIopinent _Activity ■ Beautification ■ Staffing/Office ■ City Admin fee Development Activity • FaVade Improvement Program $15,000 • Development Activity $15,000 • Cleaning & maintenance $45,000 • Print advertising $0 • Sponsorship/Events $ 3,000 • Insurance $ 1,100 $79,100 Communications • Web Development & Management $ 5,000 • Social Media & on line marketing $ 3,000 • Conferences/Travel/Memberships $ 1,000 • Newsletter $0 $9,000 • Beautification • Flowers $10,000 • Art $0 $10,000 Staffing • Executive Coordinator — Contract $ 39,000 • Rent/supplies/conferences/mileage $ 800 $39,800 City Administrative Fee $ 4,618 $ 4,618 TOTAL PROPOSED BUDGET $1429518 Projects for the 2024 fiscal year include: PO Box 1997 Kalispell, MT 59903 (406) 253-6923 www.downtownkaHspeR.com KALISPELL BUSINESS IMPROVEMENT DISTRICT • Organize and host property owner meeting for members of the Kalispell Business Improvement District to collect feedback, suggestions, and innovative ideas to develop a long-range focus and essential projects to address the challenges in growth and perspective of the downtown community. • Continued investment in the popular and indispensable Fagade Improvement Program by awarding up to $15,000 in grants throughout the Business Improvement District to enhance the appearance of our buildings. • Aligning with the Kalispell Downtown Association and other community members to identify and encourage public art installations to enhance walkability and appeal of downtown streetscape. Deploying additional bike racks that are artistic and functional, contributing to the streetscape and transportation flow in downtown. • In cooperation with the Kalispell Downtown Association, enhance and expand social media presence and upgrading our website to increase event and business traffic for downtown businesses and residents. • Continue the Executive Coordinator and Downtown Ambassador positions to administer and maintain the programming, landscaping and common areas. • Supply, install and maintain 117 hanging flower baskets and 54 corner planters. • In cooperation with the Kalispell Downtown Association, develop and launch public relations and marketing campaign, including messaging and branding to draw investors, developers, businesses, and residents to build, live, work, eat, drink and play in downtown Kalispell. • Purchase, install, and maintain new holiday decorations throughout the KBID district, with support from the Kalispell Chamber Foundation and the Tourism Business Improvement District. With the announcement that Kalispell is the fastest growing micropolitan city in the United States we look forward to another year of growth in both population and tourism in the Flathead Valley. The Kalispell Business Improvement District anticipates working with the Kalispell Chamber of Commerce, the Kalispell Downtown Association, and the City of Kalispell to develop and expand the downtown district encouraging intentional development of new properties, redevelopment, new businesses, and sustainability of existing businesses. Many thanks for your consideration of the 2024 fiscal year budget. Best regards, Kalispell Business Improvement District Board of Directors Kisa Davison, Chair Marshall Noice Pam Mower Catherine Hooper Potter Jon Fetveit Gabe Mariman Cara Lemire 10 Box 1997 Kalispell, MT 59903 (406) 253-6923 www.downtownkaHspeR.com BUSINESS IMPROVEMENT DISTRICT #2 FUND: 2701-490-4703 30 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 CASH: Operating Total Cash REVENUES 311100 Levy (includes $26,500 from flat fee) 311200 Penalty and interest 335230 Class 8 PP reimb. 334015 Grant 363010 Assessments 343014 Charges for services - garbagelparking 365000 Reimursements / Contributions 371010 Interest Total Revenue TOTAL AVAILABLE EXPENSES Total ENDING CASH CASH: Operating estimated proposed ACTUAL BUDGET ACTUAL BUDGET FY21/22 FY22/23 FY22/23 FY23/24 $63,989 $72,868 $72,868 $44,364 $63,989 $72,868 $72,868 $44,364 $47,356 $50,000 $50,000 $50,000 $570 $450 $450 $450 $723 $850 $850 $850 $7,500 $0 $0 $0 $66,983 $60,000 $60,000 $60,000 $5,980 $5,980 $5,175 $5,000 $0 $0 $4,000 $2,500 $351 $400 $700 $700 $129,463 $117,680 $121,175 $119,500 $193,452 $190,548 $194,043 $163,864 $120,584 $153,259 $149,679 $142,518 $72,868 $37,289 $44,364 $21,346 PROGRAM DESCRIPTION Downtown Business Improvement District was created April 3, 2017 by Resolution 5801 19 BUSINESS IMPROVEMENT DISTRICT #2 FUND: 2701-490-4703 30 EXPENDITURE DETAIL PROGRAM: STAFFING: 210 Office Supplies 354 Contract staff - coordinator 355 Contract staff- other(1FT/1PT) 373 Conferences/Travel/Memberships 530 Storage Unit Rent COMMUNICATIONS: 322 Newsletter 359 Web Site Development/Maintenance 337 Social Media and On-line Marketing DEVELOPMENT ACTIVITY: 780 Development Activity 790 Fagade Improvement Program - carryover $10,000 335 Print Advertising 391 Sponsorship/Events 510 Insurance TOURISM: 323 Printing - mobile app BEAUTIFICATION: 228 Art 229 Flowers / Trees 522 Administrative Transfer Total Budget proposed ACTUAL ACTUAL BUDGET BUDGET FY20/21 FY21/22 FY22/23 FY23/24 $150 $0 $300 $200 $35,706 $39,000 $39,000 $39,000 $34,677 $35,613 $45,000 $45,000 $75 $0 $1,000 $1,000 $600 $600 $600 $600 $0 $0 $500 $0 $1,225 $1,085 $10,000 $5,000 $2,652 $2,801 $3,000 $3,000 $31,638 $3,626 $15,000 $15,000 $8,147 $15,000 $15,000 $15,000 $0 $0 $500 $0 $0 $5,500 $3,000 $3,000 $909 $1,009 $1,000 $1,100 $400 $0 $0 $0 $0 $0 $5,000 $0 $8,128 $12,491 $10,500 $10,000 $3,859 $3,859 $3,859 $4,618 $128,166 $120,584 $153,259 $142,518 20