AND POTENTIAL SOLUTIONS
Business Improvement Districts (BIDS) are self-taxing districts where property owners fund supplemental services and improvements (cleanliness, security, marketing) and all revenues are reinvested locally.
New Local Revenue Strategies: Cities
can boost funds by raising service fees, levying special assessments, and
monetizing their assets — such as through congestion charges, stormwater taxes,
utility fees, asset leasing, naming rights, or selling land development rights.
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