Annual BIA reports
Council approves the following reports and requests annually:
| Report | Description | Process | Information due to City of Calgary | Report to Committee/ Council | Other Information |
|---|---|---|---|---|---|
| Report: BIA Budgets and Enabling Bylaws Report |
Description:
BIAs submit an annual proposed budget for approval. Tax is based on the proposed budget & collected through a levy from taxable businesses in BIA. Report approves annual budgets for BIAs and the bylaws. |
Process:
BIAs submit annual budgets to City BIA staff. City staff write and bring forward a report to Council for approval. |
Information due to City of Calgary : November | Report to Committee/ Council: January |
Other Information:
City issues BIA annual cheque of approved budget amount. Cheque is typically issued in Q1. |
| Report: Audited Financial Statements Report |
Description:
BIAs must submit annual audited financial statements to Council |
Process:
BIAs submit their annual statements. City gives report for Council approval. |
Information due to City of Calgary : May | Report to Committee/ Council: July | Other Information: |
| Report: Requests for BIA Boundary Expansions, Name Changes, and Establishment | Description: A BIA request will inform the content for a council report. |
Process:
BIAs bring forward requests. |
Information due to City of Calgary : March | Report to Committee/ Council: September | Other Information: |
| Report: Board Appointment Report | Description: Council approval required annually to appointment members to each BIA’s Board of Directors. |
Process:
BIAs submit annual board appointments to City. City writes and gives report to Council. |
Information due to City of Calgary : November | Report to Committee/ Council: December | Other Information: |