City corrects an East Sprague PBID over-assessment; downtown BID assessment updated
Get AI-powered insights, summaries, and transcripts
Subscribe
Summary
City staff told the committee they found a 2025 double-application of CPI in the East Sprague Business Improvement District assessment that produced an over-assessment; staff will notify affected property owners and seek options to mitigate shortfalls for the BID.
Amanda Beck presented the annual assessments for the Downtown Spokane Partnership and the East Sprague Business Improvement District (PBIDs), explaining both districts' assessment formulas and noting a correction to last year's East Sprague assessment.
Beck said Downtown's BID has about 1,100 tenants and 602 properties and that the district's assessment will be slightly higher than last year because of CPI adjustments and boundary changes (consolidated condo parcels). For East Sprague, staff discovered that the consumer-price-index adjustment was incorrectly applied twice during the start of a new three-year cycle in 2025, producing a 2025 assessment that should have been $91,525.92 but was billed as $103,534 (an over-assessment of $12,008.08). Beck said staff will annotate invoices and work with finance to notify property owners and will meet with the East Sprague BID manager to discuss mitigation options, potentially using leftover discretionary funds to offset reduced FY2026 revenue (01:21:59).
Beck said the corrected assessment will appear in the ordinance on December 1 and that Downtown Spokane Partnership and the East Spokane Business Association will continue as BID managers. No vote was taken in committee.