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What Is The Bid Levy? |
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Answer» A business IMPROVEMENT district (BID) is a defined area WITHIN which businesses are required to pay an additional tax (or levy) in order to FUND projects within the district's boundaries. The BID is often funded primarily through the levy but can also DRAW on other public and PRIVATE funding streams. A business improvement district (BID) is a defined area within which businesses are required to pay an additional tax (or levy) in order to fund projects within the district's boundaries. The BID is often funded primarily through the levy but can also draw on other public and private funding streams. |
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