Community Benefits Districts in Oakland

Released: November 1, 2011

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Oakland_BIDs

The map below shows the location of the nine CBDs/BIDs currently in force in Oakland. Combined, these districts budgeted over $3.9 million in improvement to the public realm in 2010. Locally, create of these entities is enabled by the Oakland Business Improvement Management District (Ord. 12190).

The creation of a CBD/BID begins when property owners who would pay over 30% of the potential tax author an adequate District Plan and then petition the City Council to create the district. After a public hearing, all property owners that would be subject to the assessment can cast a vote for or against, and if a weighted majority approve, the CBD/BID is created. The associated tax generally lasts for 5-10 years before needing to be renewed, and typically District fnds are managed by a nonprofit established by property owners. A financial report and budget by the fund manager is subject to aproval by the City Council each year.

 



By | 2015-07-29T15:40:14+00:00 November 1st, 2011|0 Comments

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