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Old Posted Oct 25, 2022, 8:44 PM
Vin Vin is offline
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Join Date: Sep 2013
Posts: 8,731
Quote:
Originally Posted by Changing City View Post
Swing and a miss again, champ. "Funding for BIAs comes from a special property tax. Each commercial property within the boundary is taxed in proportion to its total taxable value. This means that if a property owner owns 1% of the total taxable value, their share will be 1% of the BIA budget."
Disagree. If that 1%, 30% or 50% of funding does not have to be used for extra security expenditure due to lawlessness and DTES concerns, it could be used for other more uplifting investments. It is as simple as that.
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