The document summarizes a business briefing about establishing a Business Improvement District (BID) in Exeter, England. The Exeter BID would collect levies from local businesses to fund improvements to attract more visitors, shoppers, and investment. It would deliver a cleaner, safer, and more vibrant city center. Specifically, the BID would have an annual budget of 贈735,000 collected through levies of 1.5% of rateable values from most businesses, and 1.0% from others. It would fund area-based grants, celebrate unique city center areas, and devolve power to businesses to direct spending.
1. John Harvey City Centre Manager Exeter BID Business Briefing 24 May 2011 @RealFoodExeter Delivering Further Change & Renewal Empowering Businesses
2. BIDs Local Taxation Spent Locally Business Rates Local Tax on business Spent Nationally Exeter BID Area Hereditaments Voting Proposed Exeter BID Term BUSINESS LED BIDs The Technical Stuff
3. Strengthen local leadership Engage with ALL local businesses Deliver more effective business voice Increase consumer confidence Increase business confidence Deliver visible and measurable outcomes seeing is believing What Do BIDs Deliver?
4. The Exeter BID will Attract more visitors, more shoppers and more investment See improvements across the City Centre from Fore Street to Sidwell Street & everywhere in between Help City Centre businesses recruit and retain staff in a competitive marketplace What Will Exeter BID Deliver?
5. The Exeter BID will Deliver a City as welcoming and vibrant at 10 at night as at 10 in the morning Deliver a cleaner, greener and safer City Centre Make first impressions count and make sure that theyre great ones! What Will Exeter BID Deliver?
6. The Big Idea Area Based Grants Up to 贈120,000 annually Investing in independents Celebrating the uniqueness of City Centre quarters Devolving power Delivering engagement What Will Exeter BID Deliver?
7. Exeter BID The Money Thing The levy 1.5% of the rateable value All other businesses 1.0% of the rateable value Businesses already paying higher service charges in: Guildhall Shopping Centre Harlequins Shopping Centre Princesshay Shopping Centre Southernhay Gardens No payment Businesses with rateable values under 贈10,000
8. Annual budget of 贈735,000 Businesses drive priorities for spending Businesses will achieve greater benefits from pooling resources and effort No more than 10% of levy to be spent on administration Exeter BID The Money Thing
9. What will it cost me? I already pay rates why should I pay more? If I vote against the BID can I opt out of paying the levy? How can I influence the BID? Does this let the public sector off the hook? How the BIDs impact be measured? Who is promoting the Exeter BID? and Often asked questions
10. Where are BIDs already operating successfully? Often asked questions