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Change in policy for Coastal Business Improvement District, determining how funds are used
['Valentina Saldaña']
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The Coastal Business Improvement District is a tourism marketing district covering San Simeon, Ragged Point, Cambria, Cayucos, Los Osos, Baywood Park, Edna Valley, Avila Beach, Oceano, and Nipomo and collects a 2% assessment“Through anybody who’s visiting and staying overnight," said Dawn Ortiz-Legg, District 3 supervisor.
We have our tot and then all cities also have additional assessments this is what was referred to as an additional assessment.”
“We’re looking to take it from an 89 district into a 94 district and there’s a lot of subtle differences in there but one of the greatest ones is it creates greater efficiency as a 94 district,” Graves said.
While a big chunk of those funds goes toward marketing it can also be used for infrastructure and beautification projects.
Since it was established in 2009, the Coastal Business Improvement District has invested nearly $580,000 in projects from CBID funds.