Annual & Financial Reports
Financial Reports
The GBD Board of Directors follows the mandates of the organization’s Management Plan to regulate and coordinate funding allocations. The San Francisco Public Works and the San Francisco Board of Supervisors provide oversight and an independent CPA conducts a review of the organization’s finances each year. The GBD’s Management Plan specifies that assessment funds will be divided into 3 categories – Maintenance/Capital Projects, Accountability (which includes digital and print communications, outreach, reports, meetings, events and advocacy) and Operations. Assessment funds must be allocated within 10% of the guidelines specified by the property owner-approved Management Plan. The GBD can use donations, grants and other non-assessment funds for special projects and to provide additional services in categories where needs were greater than anticipated, which can alter proportional total spending by category.