AgendaSep 22, 2026Item B.6

QUARTERLY ECONOMIC DATA AND ECONOMIC STUDY UPDATE [L. BIERY, P. KESPRADIT, L. D'AMBROSIA]

Agenda • 2026-09-22 • Item B.6

Resident impact: 7/10

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AI Summary

The quarterly economic data update provides insights into West Hollywood's economic health, focusing on key areas such as visitation, unemployment, and commercial vacancy rates. This information is crucial for residents and business owners as it highlights economic trends and potential opportunities for growth or areas of concern, such as rising vacancy rates or changes in visitation patterns.

How does this affect you?

For residents, this update means a better understanding of how the local economy is performing, which can influence decisions like where to shop or invest. Business owners can use this data to strategize on location and marketing efforts, while renters and homeowners might see impacts on property values and rental rates based on economic conditions.

Fiscal impact

Fiscal impact was not specified in the published agenda analysis.

Related Items from This Meeting

Other agenda items from the Sep 22, 2026 council meeting.

APPROVAL OF AMENDMENT NO. 1 TO AGREEMENT FOR SERVICES WITH ASCENCIA FOR EMERGENCY SHELTER AND HOUSING RETENTION SERVICES [D. RIVAS, T. CARTER, D. MURRAY]

Using city funds, this amendment to the agreement with Ascencia will cost residents approximately $399,014 for the 2026-2027 contract year and $406,944 for the 2027-2028 contract year. This initiative aims to consolidate emergency shelter resources and enhance housing retention services for eligible West Hollywood residents, thereby improving the city's response to homelessness and ensuring better service coordination and accountability.

PREPARATIONS FOR THE PREDICTED "SUPER" EL NIÑO [J. ERICKSON]

Using currently budgeted work plans, the City of West Hollywood is preparing for a predicted 'Super' El Niño season in fall and winter 2026-27. This initiative aims to mitigate severe weather impacts by coordinating efforts across multiple city departments and external agencies, ensuring community safety and infrastructure resilience.

NOTICE OF COMPLETION FOR CIP 2502, BATTERY BACK-UP SYSTEM (BBS) INVENTORY AND MODERNIZATION PROJECT [H. COLLINS, J. GILMOUR, R. GARLAND]

Using city funds, this project cost residents approximately $554,000 to enhance the reliability of traffic signals during power outages in West Hollywood. By modernizing battery back-up systems at 47 traffic signal locations, the project ensures that traffic signals continue to function during power outages, improving safety for drivers and pedestrians.

RECOGNITION OF DISABILITIES AWARENESS MONTH [D. RIVAS, T. CARTER, D. MURRAY, I. ARREDONDO, M. LIBERMAN]

Using city funds, this initiative will cost residents approximately $7,000, which is already budgeted. The recognition of Disabilities Awareness Month in West Hollywood aims to enhance community awareness and inclusion for people with disabilities through events like the Disability Service Awards and a Community Health & Wellness Event. This initiative promotes accessibility and celebrates contributions of individuals with disabilities, fostering a more inclusive community environment.

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