Overview

The York Business Improvement District (BID) is a not-for-profit, independent company, investing to make improvements and enhancements for York city centre and the trading environment through partnership with its business community.

 

Information about Business Improvement Districts (BID)

What is the BID?   A Business Improvement District is a specifically designated area where businesses within it work together to invest in services, special projects, and events with the aim to increase economic development and growth.  BID projects and programmes are in addition to services provided by the City of York Council and funded by an annual contribution of 1% of the rateable value from businesses that are within the BID Area. During the current BID term levy calculations are based on the 2017 business rates evaluation.

Now one of over 300 operational BIDs across the UK, the York BID was re-elected by businesses during its renewal ballot in March 2021 and received a majority of 86% votes cast in favour. This has refreshed the BID's mandate to continue operations for another five years, requiring all hereditaments (rateable commercial premises) within the BID area with a rateable value of over £17,500 to pay the mandatory levy. Please see the BID Levy section for further details.

 

How is the levy used?   Prior to the renewal ballot, York BID undertook a consultation with businesses readdress the demand for improvements across the city centre. From this, the York BID Business Plan 2021-26 was produced with identifies four key programme areas: 1) Appearance & Environment 2) Safety & Security 3) Experience 4) Business Support. The York BID has been in operation since April 2016, the levy collected during this time has been used to invest in projects and services that benefit local businesses by improving the city centre environment, attracting footfall and increasing the local economy. Please see the Initiatives & Projects section for further details on exting projects.

 

How can York businesses benefit? York BID is committed to deliveing improvements that strengthen and make a difference toYork city centre's economy, environment and reputation. The BID provides investment that addresses these identified improvements with the aim to raise the standards of safety, cleanliness and support in the city. York is already famous for its heritage, historic streets, big-name shopping brands, visitor attractions and independent shops and the BID's further support strives to draw in more visitors, families, professionals and investors to our great city.

 

Does the BID replace Council services?   As well as being a substantial levy payer, the Council aligns its activities to help the York BID bring about substantial improvements for the city centre. The BID is not used to replace core public sector services. There is legislation in place to ensure that a BID provides additional or enhanced services. The Council has a baseline agreement with the BID outlining the statutory services that it will continue to provide.

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