Funding
The City of Clovis reviewed the audit of the PBIA Fund for the past five years, which was received Monday July 2nd, with additional data provided July 10.
BOOT Funding
The City of Clovis is reviewing the budget for 2012-2013. So far, B.O.O.T. is only receiving funds raised through business owners’ license fees, from the PBIA fund. Staff and board members are working with City of Clovis Community and Economic Development and City Manager to resolve the shortfall.
B.O.O.T. Funding – 2012
The Business Organization of Old Town received funds, theoretically provided by licensing tax on businesses within in PBIA, but in reality from the Redevelopment Agency when insufficient funds were available in the PBIA account.