The York Business Improvement District (BID) is a business-led initiative covering a defined geographical area in the centre of York where businesses work together to invest in services, special projects and events.
York BID also works with us to improve the appearance and cleanliness of the city centre, although we still take overall responsibility for this.
How York BID started
The BID was established following a successful ballot of eligible businesses in November 2015 with 76% voting in favour of the proposal (42% turnout). Each BID lasts for 5 years, after which businesses will be asked to vote again on whether they want to begin another BID term.
How York BID is funded
From April 2016, businesses within the BID area with a rateable value of more than £12,500 pay an extra 1% levy (based on their rateable value). This goes into a single pot of money worth around £800,000 per year. This is reinvested back into the city to provide additional services and fund other projects to improve the city centre.
What York BID will invest in
The original BID proposals include:
- improving the appearance and cleanliness of the city centre
- inward investment
- crime and safety initiatives
- enhancing festivals and events, and developing the evening economy.