Detail of department programs
Hotel Association and Corporate Meetings
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Hotel Association and Corporate Meetings – This activity is expected to yield 1,750 sales leads, resulting in approximately $32.7 million of TOT.
230 220
220 $ 80,310,000
Hotel Association and Corporate Meetings
2,073 1,750 1,750 32,678,000
TOTALS
2,303 1,970
1,970
$ 112,988,000 *Fiscal Year 2017-18 Average Room Nights per Booking Assumptions: 11,143 for Convention Center Events 570 for Hotel Association and Corporate Meetings Average Room Rate: $234 (2016 CBRE Audit Summary) Note – In view of current year-to-date sales performance, these goals may be adjusted based on the recommendation on the Sales Advisory Committee and approval by the Board of Directors of LATCB .
861
Los Angeles Tourism and Convention Board
Economic Impact Total direct and indirect/induced economic impact from business sales resulting from events held at the Convention Center between the calendar years 2016 and 2030 is projected to be approximately $3.1 billion as shown in the table below. These sales will support 19,320 full time equivalent (FTE) jobs and $346 million in state and local tax assessments.
Direct
Indirect / Induced
Total
Business Sales $ 1,876,763,000 $ 1,185,195,000
$ 3,061,958,000
Jobs Supported Annual FTE’s
13,640 5,680 19,320
State Total Local Total
$ 123,052,000 $ 129,003,000
$ 66,390,000 $ 27,101,000
$ 189,442,000 $ 156,104,000 862
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MEASURE M LOCAL RETURN FUND
The 2017-18 Proposed Budget for Measure M Local Return Fund relates to current year funding as follows: Amount % Change
2016-17 Adopted Budget $ --
2017-18 Proposed Budget $ 39,100,000
Change from 2016-17 Budget $ 39,100,000 100.0 %
imposes an additional one-half cent sales tax within Los Angeles County, with an increase to one percent on July 1, 2039, to: Improve freeway traffic flow, reduce bottlenecks, and ease traffic congestion; Expand the rail and rapid transit system, accelerate rail construction and build new rail lines, enhance bus service, and improve system connectivity; Repave local streets, repair potholes, synchronize signals, improve neighborhood streets and intersections, and enhance bike and pedestrian connection; Keep the transit and highway system safe, earthquake-retrofit bridges, enhance freeway and transit system safety, and keep the transportation system in good working condition; Make public transportation more accessible, convenient, and affordable and provide better mobility options for our aging population; Embrace technology and innovation to incorporate modern technology, new advancements and emerging innovations into the local transportation system; Create jobs, reduce pollution, and generate local economic benefits; and, Provide accountability and transparency.
Collection of Measure M sales tax receipts will begin on July 1, 2017 and the first disbursement of funds to the City is expected in the second quarter of 2017-18. Measure M Funds must be used to augment, not supplant, other City programs. Funds will be audited on an annual basis and the use of those funds will be overseen by a seven member panel known as the Measure M Independent Taxpayers Oversight Committee of Metro. Each panel member shall serve five year terms. A panel shall select the Oversight Committee Members. The panel is comprised of one representative of the County Board of Supervisors, one representative selected by the Mayor of the City of Los Angeles, and one representative from the Los Angeles County cities.
The City receives an allocation from a 17 percent share of the revenue collected, based on the City's percentage share of the population of Los Angeles County. According to Metro, the Local Return Funds can be used for a wide variety of eligible activities supporting the maintenance and construction of public roads. These uses include, but are not limited to: major street resurfacing, rehabilitation, and reconstruction; pothole repair; road maintenance; left turn signals; bikeways; pedestrian improvements; streetscapes; signal synchronization; and, transit.
Measure M also requires the City to provide Metro with three percent of the costs for the Metro Regional Capital Projects within the City limits. Should the City not do so, the County may withhold Local Return Funds for up to 15 years or until the three percent threshold is satisfied. The amount of this obligation is estimated (in 2015 dollars) to be approximately $490 million.
864 Measure M
LOCAL RETURN FUND
2017-18 Proposed Budget Balance Available, July 1
--
Less Prior Year Unexpended Appropriations
--
Anticipated Revenue Receipts
42,000,000
Less: Transfer to Transportation Grant Fund
(3,000,000)
Interest
100,000
Total Revenue
$ 39,100,000
865
Measure M
2017-18 Proposed Budget DEPARTMENTAL APPROPRIATIONS
Board of Public Works. Funds are provided for the Board of Public Works, Office of Accounting to administer the Local Return Fund as the majority of the funds are designated for public works projects.
$ 62,108
Bureau of Engineering. Funds are provided for management and planning of the Street Reconstruction Program (both Asphalt and Concrete).
261,218
Capital Improvement Expenditure Program. Funds are provided for the construction of 19 street projects and one bicycle path.
Subtotal Departmental Appropriations $ 14,011,065
SPECIAL PURPOSE FUND APPROPRIATIONS
Alley Paving. Funds are provided for paving alleys across the City. $ 1,000,000
streets across the City. Approximately five percent of the street inventory is concrete.
1,000,000
Median Island Maintenance. Funds are provided for the maintenance of median islands citywide.
1,100,000
humps across the City.
1,000,000 Street Reconstruction / Vision Zero. Funds are provided for the reconstruction of failed streets across the City. 15 percent of this appropriation ($3 million) is for Vision Zero related improvements to the roadway to ensure the safety of motorists, cyclists, and pedestrians on the reconstructed street.
20,000,000
surveys Citywide.
200,000 Vision Zero Education. Funds are provided for Vision Zero safety education.
500,000 Reimbursement of General Fund Costs.
288,935
866
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MEASURE R LOCAL TRAFFIC RELIEF AND RAIL EXPANSION FUNDS
The 2017-18 Proposed Budget for Measure R – Local Traffic Relief and Rail Expansion Funds – Local Return Fund relates to current year funding as follows:
2016-17 Adopted Budget $ 61,792,414
2017-18 Proposed Budget $ 64,111,272
Change from 2016-17 Budget $ 2,318,858 3.75 %
for a period of 30 years to: Expand the Los Angeles County Metropolitan Transportation Authority (Metro) rail system, including providing a direct airport connection; Make local street improvements, such as synchronizing signals, filling potholes, repairing streets, and making neighborhood streets and intersections safer for drivers, bicyclists, and pedestrians in each community; Enhance safety and improve the flow of traffic on freeways and highways; and, Make public transportation more convenient and affordable (especially for seniors, students, the disabled, and commuters).
Collection of Measure R sales tax receipts began on July 1, 2009 and the first disbursement of funds to the City occurred in December 2009. Measure R Funds must be used to augment, not supplant, other City programs. Expenditure of the funds for ineligible uses would require repayment, with interest, and would prohibit the City from receiving funds for a period of three years. Funds must be spent within five years of receipt or the balance of unspent funds will be returned to Metro for reallocation elsewhere. Funds will be audited on an annual basis and the use of those funds will be overseen by a three member panel of retired judges known as the Measure R Independent Taxpayers Oversight Committee of Metro. The Mayor of the City of Los Angeles, the County Board of Supervisors, and the Los Angeles County City Selection Committee each select one member of the Oversight Committee.
The City receives an allocation from a 15 percent share of the revenue collected, based on the City's percentage share of the population of Los Angeles County. According to Metro, the Local Return Funds can be used for a wide variety of eligible activities supporting the maintenance and construction of public roads. These uses include, but are not limited to: major street resurfacing, rehabilitation and reconstruction; pothole repair; road maintenance; left turn signals; bikeways; pedestrian improvements; streetscapes; signal synchronization; and, transit. In addition, the City is allowing Local Return Funds (from both Measure R and Proposition A) to provide a three percent match to Metro for delivering transit projects within the City limits. While not legally required, this match allows the City to maintain an active partnership with Metro on regional transit projects of significant importance to the City. In 2013-14, the Mayor instructed that the City Administrative Officer negotiate an Agreement with Metro for payment of $207 million for the Regional Connector, the Crenshaw Line (including the Leimert Park and Westchester Stations), and the Westside Subway – Phase One. The Agreement was approved by the City Council (C.F. 13-0337) on April 23, 2014 and the City Administrative Officer, the Department of Transportation, and the Chief Legislative Analyst were instructed to ensure that future City budgets include these payments. The Proposed Budget includes the 2017-18 payment in the Proposition A Local Transit Assistance Fund.
868 Measure R
LOCAL RETURN FUND
2017-18 Adopted Proposed Budget Budget Balance Available, July 1 $ 53,635,864 $ 37,735,565 Less Prior Year Unexpended Appropriations (37,908,450)
(19,024,293) Anticipated Revenue Receipts
45,000,000 45,000,000
Reimbursement from Other Funds 640,000
--
Interest
425,000 400,000
Total Revenue $ 61,792,414 $ 64,111,272
869
Measure R
2016-17 Adopted Budget 2017-18 Proposed Budget DEPARTMENTAL APPROPRIATIONS
Bureau of Street Services. Funds are provided for the City’s Pavement Preservation Plan to prevent further deterioration in the overall condition of the City street system. Funds are also continued for sidewalk access ramp construction. An estimated 1,500 access ramps will be constructed. This will accelerate City efforts to ensure that all constituents have equal access to the City’s public infrastructure, create safer intersections, and assist with compliance with the Willits settlement. Funding is also continued for the Great Streets Initiative and Vision Zero safety improvements along the High Injury Network (HIN) for landings for pedestrian refuge islands, the installation of curb ramps, and slurry and resurfacing where needed for such projects.
$ 23,727,904
$ 24,661,662 Bureau of Street Lighting. Funds are provided for design, coordination and construction engineering for the deployment of various street lighting projects for Vision Zero. This includes pedestrian lighting for twenty bus stop pedestrian islands, support for the mid-block crosswalk program and support for lighting around the top 50 schools in need.
315,575 499,401
Bureau of Engineering. Funds are provided for hiring hall and contract survey for the Great Streets Initiative. Funds are also provided to support the review of design projects along the HIN for Vision Zero and for engineering design and survey for 20 pedestrian refuge islands and bus stop refuge islands.
364,286 450,513
General Services. Funds are provided for materials testing support for the City’s Pavement Preservation Plan.
1,557,068 1,527,786 Transportation. Funds are provided for staffing for Vision Zero, the Great Streets Initiative and other Active Transportation Initiatives. One- time Contractual Services funding for Great Streets ($1,500,000) and Vision Zero ($700,000) has been shifted to a special purpose fund appropriation in the schedule.
7,815,501 5,698,268 City Planning. Funds are provided for consultants for preliminary design, traffic analysis, cost analysis, initial environmental review, and data evaluation for neighborhood level projects. This should provide City staff and community groups with the level of detail to prepare, and be successful at obtaining, future grant proposals to fund capital improvements. This supports Great Streets projects, Vision Zero efforts, streetscape plans, and/or the new Community Partners program.
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