Fiscal Year 2027 Downtown Property and Business Improvement District (PBID) Annual Report and Budget

The City of San Diego City Council is approving the Fiscal Year 2027 Annual Report and Budget for the Downtown Property and Business Improvement District (PBID), which includes updated assessment roll data based on the most recent County of San Diego property records. This approval authorizes the appropriation and expenditure of funds, including assessment revenues, in alignment with the City’s Fiscal Year 2027 Appropriation Ordinance. The Downtown PBID delivers specialized services and improvements that provide direct and exclusive benefits to properties within its boundaries, going beyond standard municipal services to enhance the urban environment through maintenance, beautification, placemaking, safety, hospitality, and business support initiatives. Funding will be allocated to physical improvements such as parking facilities, parks, fountains, benches, trash receptacles, street lighting, power washing, and seasonal decorations, all aimed at revitalizing the downtown area and sustaining its economic vitality. The PBID operates as a self-funded district, ensuring that assessment revenues are used exclusively to benefit the assessed properties and maintain a high-quality public realm.