Business Improvement Districts – BIDs
A BID (Business Improvement Districts) is a tool a municipality can implement that creates a geographic area within the municipality to be specially assessed, and the additional tax revenue proceeds go to fund an operational plan (set of activities) developed by the Business Improvement District members.
This power point helps lay out the steps necessary from a municipality’s perspective to begin setting up a BID. More BID info can be found at the Community Development site. Please check back for updates.
