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|
|BIA Budgets and Enabling Bylaws Report||
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.
BIAs submit annual budgets to City BIA staff. City staff write and bring forward a report to Council for approval.
City issues BIA annual cheque of approved budget amount. Cheque is typically issued in Q1.
|Audited Financial Statements Report||
BIAs must submit annual audited financial statements to Council
BIAs submit their annual statements. City gives report for Council approval.
|Requests for BIA Boundary Expansions, Name Changes, and Establishment||A BIA request will inform the content for a council report.||
BIAs bring forward requests.
|Board Appointment Report||Council approval required annually to appointment members to each BIA’s Board of Directors.||
BIAs submit annual board appointments to City. City writes and gives report to Council.