Who determines how the funds will be spent?


As part of the formation process, a survey was deployed to determine the needs of the property owners within the proposed district. Once the survey is completed, the information gathered will be used to create a service plan and cost of providing those services. The service plan will be developed into a “Management District Plan”, which is the guiding legal document for the PBID and determines how the assessment funds are to be spent. A Non-Profit Corporation will then serve as the PBIDs “Owner’s Association”, which is typically comprised of majority property owners paying the assessment, who are responsible for managing and operating the PBID, within the parameters of the Management District Plan. 

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