Lower Polk
Established in 2014, the Lower Polk Community Benefit District sits in a burgeoning part of the City of San Francisco. The neighborhood sits in close proximity to many San Francisco cultural icons and is home to an electrifying nightlife. The CBD focuses on fostering a safer and more secure community, enhancing neighborhood quality and beauty, and reinforcing the viability of the economic base.
Funded Services
Services may include but are not limited to:
• Public Safety
• Sidewalk cleaning
• Maintenance
• Streetscape improvements
• Economic viability
• Marketing
• Beautification
Budget
Service areas |
Annual First Year costs |
% OF FIRST YEAR BUDGET |
|---|---|---|
| Cleaning, Maintenance, and Safety Program | $452,108.54 | 56.58% |
| Marketing, Streetscape Improvements, and Beautification Program | $90,388.65 |
11.31% |
| Management and Operations | $227,530.05 | 28.47% |
| Contingency and Reserves | $29,066.55 | 3.64% |
TOTAL ASSESSMENT REVENUES |
$799,093.79 |
100.00% |
| Assessment Revenues | $799,093.79 | 94.45% |
| Other Revenues/General Benefit Contributions | $46,955.75 | 5.55% |
TOTAL DISTRICT REVENUES |
$846,049.54 |
100.00% |
Location
The Lower Polk CBD is along Polk, Van Ness, and Larkin Streets between California Street and Alice B. Toklas Plaza.
Downloads
Annual Report
Pursuant to California Streets and Highways Code, Section 36650, each Community Benefit District and Business Improvement District must provide an annual report after their first year of operation. Annual reports and financial statements are submitted to OEWD for review. OEWD reviews these documents and determines whether or not the CBD met four benchmarks:
1) Whether the variance between the budget of that fiscal year or calendar year was within 10 percentage points of their management plan budget by service category
2) Whether the CBD or BID, if required, met its respective general benefit obligation
3) Whether the variance between the fiscal year or calendar year budget was within 10 percentage points of their actual spending for the same time period
4) Whether the CBD or BID indicated the amount of funds carried forward from the previous fiscal year or calendar year into the next
The report is heard before the Government Audit and Oversight committee of the San Francisco Board of Supervisors where OEWD presents on its findings and the CBD or BID presents on its accomplishments and metrics for the reporting period
The latest annual report approved by the Board of Supervisors for Lower Polk CBD is for FY 2016-2017 and pertinent information can be found here.
Contact
Chris Schulman, Executive Director
www.lowerpolkcbd.com
415-775-1180
1170 Sutter Street,
San Francisco, CA 94109
