PROPERTY OWNERS GET BANG FOR THEIR BUCK WHEN IT COMES TO AREA SERVICES
Perhaps there is no more vital function for a business improvement district than providing direct services to its members, and when it comes to delivering those kinds of services, Gateway Los Angeles is putting its money where its mouth is. The Gateway PBID dedicated approximately 34% of its $1.275-million budget to fund direct services to its members, including security, ambassador services, graffiti removal, tree-trimming and maintenance. The Gateway 38% of Gateway’s annual budget focused on marketing, included the operation of the Ocean Express shuttle system, which is no longer in operation. Elimination of that effort, which had been losing money, means the 2018 budget allows even more resources available for direct services to Gateway members. The remaining portion of the 2017 budget went to administrative costs (10%), consulting (9%) and office and insurance expenses (9%).
