Business Improvement District: Difference between revisions
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A '''business improvement district''' is a specific geographic area within a community where property owners are levied an additional tax that goes for a specific purpose. The idea has been raised in Charlottesville on at least two occasions but one has not yet materialized. | |||
==2003== | |||
Mayor [[Maurice Cox]] raised the idea at a budget work session on [[March 12]], [[2003]]. <ref>{{minutes-citycouncil|when=March 12, 2003|id=195908}}</ref> | |||
==2012 - 2014 == | |||
In the fall of 2014, the [[Downtown Business Association of Charlottesville]] began investigating the creation of a Business Improvement District|business improvement district]] to help raise revenue to pay for additional services in and around the [[Downtown Mall]]. <ref>{{cite web|title=City Council supports formation of special downtown tax district|url=http://www.cvilletomorrow.org/news/article/18810-downtown-tax-district/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=August 19, 2014|accessdate=September 2, 2014}}</ref> However, they withdrew the idea in March 2015. <ref name="withdrew">{{cite web|title=Downtown business association withdraws tax district request|url=http://cvilletomorrow.org/news/article/20287-tax-district-withdrawn/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=March 2, 2015|accessdate=April 27, 2016}}</ref> | In the fall of 2014, the [[Downtown Business Association of Charlottesville]] began investigating the creation of a Business Improvement District|business improvement district]] to help raise revenue to pay for additional services in and around the [[Downtown Mall]]. <ref>{{cite web|title=City Council supports formation of special downtown tax district|url=http://www.cvilletomorrow.org/news/article/18810-downtown-tax-district/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=August 19, 2014|accessdate=September 2, 2014}}</ref> However, they withdrew the idea in March 2015. <ref name="withdrew">{{cite web|title=Downtown business association withdraws tax district request|url=http://cvilletomorrow.org/news/article/20287-tax-district-withdrawn/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=March 2, 2015|accessdate=April 27, 2016}}</ref> | ||
===Background=== | |||
==Background== | |||
The idea was to levy a 13-cent property tax on land and buildings around the mall. However, the concept drew the opposition of many landowners. <ref>{{cite web|title=http://cvilletomorrow.org/news/article/20225-tax-district-questions/|url=http://cvilletomorrow.org/news/article/20225-tax-district-questions/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=February 22, 2015|accessdate=April 27, 2016}}</ref> | The idea was to levy a 13-cent property tax on land and buildings around the mall. However, the concept drew the opposition of many landowners. <ref>{{cite web|title=http://cvilletomorrow.org/news/article/20225-tax-district-questions/|url=http://cvilletomorrow.org/news/article/20225-tax-district-questions/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=February 22, 2015|accessdate=April 27, 2016}}</ref> | ||
==City's community improvement district== | ===City's community improvement district=== | ||
The City of Charlottesville had previously discussed the idea in December 2012. Economic development director [[Chris Engel]] documented city history on the issue in a memo. <ref>{{cite web|title=Business Improvement Districts|url=http://s3.amazonaws.com/cville/cm%2Fmutlimedia%2F20121220-city-bid-memo.pdf|author=Chris Engel|work=Memo to City Manager Maurice Jones|publisher=City of Charlottesville|location=|publishdate=December 20, 2012|accessdate=April 27, 2016}}</ref> | The City of Charlottesville had previously discussed the idea in December 2012. Economic development director [[Chris Engel]] documented city history on the issue in a memo. <ref>{{cite web|title=Business Improvement Districts|url=http://s3.amazonaws.com/cville/cm%2Fmutlimedia%2F20121220-city-bid-memo.pdf|author=Chris Engel|work=Memo to City Manager Maurice Jones|publisher=City of Charlottesville|location=|publishdate=December 20, 2012|accessdate=April 27, 2016}}</ref> | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} |
Revision as of 21:24, 17 June 2017
A business improvement district is a specific geographic area within a community where property owners are levied an additional tax that goes for a specific purpose. The idea has been raised in Charlottesville on at least two occasions but one has not yet materialized.
2003
Mayor Maurice Cox raised the idea at a budget work session on March 12, 2003. [1]
2012 - 2014
In the fall of 2014, the Downtown Business Association of Charlottesville began investigating the creation of a Business Improvement District|business improvement district]] to help raise revenue to pay for additional services in and around the Downtown Mall. [2] However, they withdrew the idea in March 2015. [3]
Background
The idea was to levy a 13-cent property tax on land and buildings around the mall. However, the concept drew the opposition of many landowners. [4]
City's community improvement district
The City of Charlottesville had previously discussed the idea in December 2012. Economic development director Chris Engel documented city history on the issue in a memo. [5]
References
- ↑ Web. Charlottesville City Council meeting minutes, .pdf, Council Chambers, City of Charlottesville, March 12, 2003.
- ↑ Web. City Council supports formation of special downtown tax district, Sean Tubbs, Charlottesville Tomorrow, August 19, 2014, retrieved September 2, 2014.
- ↑ Web. Downtown business association withdraws tax district request, Sean Tubbs, Charlottesville Tomorrow, March 2, 2015, retrieved April 27, 2016.
- ↑ Web. http://cvilletomorrow.org/news/article/20225-tax-district-questions/, Sean Tubbs, Charlottesville Tomorrow, February 22, 2015, retrieved April 27, 2016.
- ↑ Web. Business Improvement Districts, Chris Engel, Memo to City Manager Maurice Jones, City of Charlottesville, December 20, 2012, retrieved April 27, 2016.