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Management Toolkit

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Consultation on Business Improvement Districts (BIDs) in Scotland

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24 out of 50 users found this white paper useful


Publisher Crown
Publisher Registration Direct Access
Topics Performance Budgeting and Management, Financial Management Date added 03 Jul 2003
Downloads 7 Format 169.9KB PDF

A Business Improvement District (BID) is a partnership arrangement through which local authorities and the local business community can agree to take forward schemes of benefit to the local business community. It is suggested that they be funded, at least in part, by increased business rate payments. It is a concept that originated in America, where they have been successful in revitalising local areas, and where perhaps one of best known BIDs is Times Square in New York. In England and Wales, a number of pilot BID projects have already been identified and the Local Government Bill will provide the necessary enabling legislation to allow BIDs to operate in England and Wales.

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