Business Improvement District: Difference between revisions

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The [[Downtown Business Association of Charlottesville]] is studying whether to create 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>
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]]. He said money raised could go to pay for mall improvements. <ref>{{minutes-citycouncil|when=March 12, 2003|id=195908}}</ref>


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==2012 - 2014 ==
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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> [[Bob Stroh]] read a letter to Council on February 17, 2015. That night the idea was championed by Jim Neale, [[Ludwig Kuttner]], [[Wes Bellamy]] and [[Louis Schultz]].
 
<ref>{{cite web|title=February 17, 2015|url=http://www.charlottesville.org/home/showdocument?id=32827|author=|work=City Council Minutes|publisher=City of Charlottesville|location=|publishdate=|accessdate=October 20, 2017}}</ref> However, the DBAC 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business association withdraws tax district request|url=http://cvilletomorrow.org/news/article/20287-tax-district-withdrawn/|author=Sean Tubbs|work=|publisher=Charlottesville Tomorrow|location=|publishdate=March 2, 2015|accessdate=April 27, 2016}}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===
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===
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 11:26, 20 October 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. He said money raised could go to pay for mall improvements. [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] Bob Stroh read a letter to Council on February 17, 2015. That night the idea was championed by Jim Neale, Ludwig Kuttner, Wes Bellamy and Louis Schultz.

[3] However, the DBAC withdrew the idea in March 2015. [4]

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. [5]

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. [6]

References

  1. Web. Charlottesville City Council meeting minutes, .pdf, Council Chambers, City of Charlottesville, March 12, 2003.
  2. Web. City Council supports formation of special downtown tax district, Sean Tubbs, Charlottesville Tomorrow, August 19, 2014, retrieved September 2, 2014.
  3. Web. February 17, 2015, City Council Minutes, City of Charlottesville, retrieved October 20, 2017.
  4. Web. Downtown business association withdraws tax district request, Sean Tubbs, Charlottesville Tomorrow, March 2, 2015, retrieved April 27, 2016.
  5. Web. http://cvilletomorrow.org/news/article/20225-tax-district-questions/, Sean Tubbs, Charlottesville Tomorrow, February 22, 2015, retrieved April 27, 2016.
  6. Web. Business Improvement Districts, Chris Engel, Memo to City Manager Maurice Jones, City of Charlottesville, December 20, 2012, retrieved April 27, 2016.