Method of Assessment
of BID Members

All tax parcels within the district required to pay real estate taxes, including those taxed by the state as manufacturing, and all parcels used exclusively for manufacturing, will be assessed. Real property used exclusively for residential purposes may not be assessed, as required by the BID law. Property exempt from paying real estate taxes or owned by government agencies will not be assessed.

The assessment for retail, hospitality, or entertainment related properties was calculated as $2.19 for each $1,000 of assessed value. The assessment for parcel not used for retail, hospitality, or entertainment related properties was calculated as $.72 for each $1,000 of assessed value.

For properties whose use comprises mixed usage, the property has been identified with the use which makes up more than half of the square footage of any buildings constructed on the property. The owner of the property must prove a change from that designated annually in question to the BID board.