2025/11/19 Council Agenda Packet

ORDINANCE Page 9 of 9 ATTACHMENT B Downtown Everett Business Improvement Area 2026-2030 Program Budget 2026 Program Budget Clean & Safe Maintenance Program $536,565 Economic Development and Public Realm $61,217 Marketing and communications $45,119 Administration & Professional Services $53,662 Total expenses $696,563 The 2026 total assessment of $696,563 includes $510,249 from ratepayers, $128,375 from the City of Everett, and $78,348 from Snohomish County. An allowance for uncollectable assessments equivalent to four percent (4%) of ratepayer assessments is included. For the period 2027 through 2030, annual program budgets shall include an inflationary adjustment of three percent (3%) per year. The actual annual adjustment shall be based on the percentage change in the Consumer Price Index for All Urban Consumers (CPI-U), or three percent (3%), whichever is greater, not to exceed five percent (5%). 2027 Program Budget Clean & Safe Maintenance Program $552,662 Economic Development and Public Realm $63,054 Marketing and communications $46,473 Administration & Professional Services $55,272 Total expenses $717,460 2028 Program Budget Clean & Safe Maintenance Program $569,242 Economic Development and Public Realm $64,945 Marketing and communications $47,867 Administration & Professional Services $56,930 Total expenses $738,984 2029 Program Budget Clean & Safe Maintenance Program $586,319 Economic Development and Public Realm $66,893 Marketing and communications $49,303 Administration & Professional Services $58,638 Total expenses $761,153 2030 program Budget Clean & Safe Maintenance Program $603,909 Economic Development and Public Realm $68,900 Marketing and communications $50,782 Administration & Professional Services $60,397 Total expenses $783,988