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. |
November | January |
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. |
May | July | |
Requests for BIA Boundary Expansions, Name Changes, and Establishment | A BIA request will inform the content for a council report. |
BIAs bring forward requests. |
March | September | |
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. |
November | December | |