Posting Language
Title
Approve an ordinance amending Ordinance No. 20250724-138 to update the Austin Downtown Public Improvement District Service and Assessment Plan and Budget for Fiscal Year 2026 and declaring an emergency. Funding: This item has no fiscal impact. Related to Item #11.
De
Lead Department
Austin Financial Services.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
July 24, 2025 - Council approved Ordinance 20250724-138 approving the Austin Downtown Public Improvement District Service and Assessment Plan and Budget update for 2026 and declaring an emergency.
For More Information:
Kimberly Olivares, Director, Austin Financial Services, 512-974-2924; Christine Maguire, Division Manager, Austin Financial Services, 512-974-7131; Margaret Shaw, Economic Redevelopment Program Manager, Austin Financial Services, 512-974.6497.
Additional Backup Information:
In July 2025 Council approved an ordinance which adopted the Austin Downtown Public Improvement District (PID) Service and Assessment Plan (SAP) and Budget for Fiscal Year 2025-2026, to provide administrative flexibility and improved reporting. The City’s Maintenance and Operating PIDs are governed by two SAPs, the annual SAP and the 5-year SAP, which is included as part of the City’s Management Agreement with the PID’s management entity.
Recently, the Downtown Austin Alliance (DAA) leadership shared with City staff operational and financial challenges faced in responding to downtown needs post-COVID under certain PID administrative requirements. Resolution No. 20200220-015, which approved the City’s PID Policy, requires Council approval if a PID’s management entity wishes to move more than 20% of budgeted funds from one spending category to another. This Council action reduces the number of spending categories in DAA’s SAP from eight to three - Clean and Safe; Economic Development; and Administration. This will allow DAA to respond more nimbly to downtown needs and produce a more effective quarterly report on DAA’s spending and impact.