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File #: 19-1107    Version: 1 Name:
Type: Bill Status: Passed
File created: 10/11/2019 In control: Finance & Governance Committee
On agenda: 11/18/2019 Final action: 11/19/2019
Title: A bill for an ordinance approving the 2020 Annual Plan and Operating Budget for the Denver Tourism Improvement District. Approves the 2020 Operating Plan and Budget for the citywide Denver Tourism Improvement District. The Committee approved filing this item at its meeting on 10-22-19.
Indexes: Jonathan Griffin
Attachments: 1. BR19 1107 DOF Denver Tourism Impvt Dist, 2. BR19 1107 DOF Denver Tourism Impvt Dist Packet, 3. 19-1107 Filed Bill_Denver Tourism Improvement District 2020 Annual Plan, 4. 19 1107 DOF Denver Tourism Impvt Dist Packet, 5. 19-1107 Filed Bill_Denver Tourism Improvement District 2020 Annual Plan, 6. 19-1107 - signed, 7. 19-1107 A bill for an ordinance approving the 2020 Annual Plan and Operating Budget for the Denver Tourism Improvement District.
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 10-11-19

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Michael Kerrigan - Finance
Email: michael.kerrigan@denvergov.org


Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A bill for an ordinance approving the 2020 Annual Plan and Operating Budget for the Denver Tourism Improvement District.
Approves the 2020 Operating Plan and Budget for the citywide Denver Tourism Improvement District. The Committee approved filing this item at its meeting on 10-22-19.
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
The Denver Tourism Improvement District (the "TID") creation ordinance requires the TID to submit to City Council an Annual Plan and Operating Budget for the upcoming year which will outline the TID's revenues, expenditures, projects, and goals. The ordinance represents the City's approval of the Annual Plan and Operating Budget for the District.

EXECUTIVE SUMMARY

The Denver Tourism Improvement District (the "TID") was created when City Council passed ordinance number 2017-0883 and subsequently the TID electors approved the ability of the TID to levy a 1% tax on the purchase of lodging in the City and County of Denver. The TID creation ordinance requires the TID...

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