as of the end of 2018. There are no legislative requirements for City Council to approve expenditures from accumulated reserves leaving discretion to the BIA Boards.
Table 1 outlines the amounts related levy that has been requested by each BIA, which will be billed and collected from property owners in each BIA boundary.
Table 1
Business Improvement Area
2020 Recommended Budget, Levy and Rates
Business Improvement Area | 2020 Recommended Budget | 2020 Recommended Levy | 2020 Rate |
---|---|---|---|
Downtown Windsor Business Improvement Area | $688,250 | $667,550 | 0.00320425 |
Via Italia – Erie Street BIA | $125,000 | $125,000 | 0.00612988 |
Olde Riverside Town Centre BIA | $65,000 | $65,000 | 0.00667866 |
Olde Sandwich Towne BIA | $68,100 | $67,100 | 0.00858835 |
Walkerville District BIA | $52,500 | $45,000 | 0.00281984 |
Ottawa Street BIA | $71,965 | $71,965 | 0.00363118 |
Pillette Village BIA | $40,000 | $40,000 | 0.00360133 |
Wyandotte Town Centre BIA | N/A | N/A | N/A |
Ford City BIA | $30,000 | $30,000 | $400 flat fee |