Economic Update

Economic Update

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Balboa Park was declared one of three cultural districts in SD (Oceanside and Barrio Logan are the other two) and they were further helped by the CA state budget by $8.66 million to the city of San Diego for Balboa Parks projects – specifically $8.26 million for the Botanical Building renovation and $0.4 million to complete the International Cottages. We were also pleased to see that $9 million is going to the Navy Training Center Foundation (NTC at Liberty Center) for renovations to this arts center.

The California Arts Council announced 1,243 grant awards totaling $20,823,541 in project and operational support for nonprofit organizations and units of government throughout the state of California. Two additional grant programs, providing support for local, regional and statewide arts partnerships, are slated for approval by the Council at its meeting on June 25, increasing the total award amount for the 2018-19 fiscal year to a projected $24,508,541 across more than 1,300 grants. This is the largest investment in the arts in two decades.

A portion of the money allocated to the City of San Diego Commission for Arts and Culture as a State Designated Partner will go to Oceanside to help promote their Art District status.