A Community Improvement District (“CID”) is a separate entity initiated by property owners of a geographically defined area (the district) in which they impose additional real estate taxes, special assessments, or sales taxes to pay for services or projects that benefit the district.
A CID is a special purpose district that can be established for the purpose of encouraging economic development in that district.
The district can levy taxes, a special assessment, a license tax and/or a sales tax to fund improvements and accomplish specific services approved by a CID Board of Directors.
The CID district is managed by a Board of Directors in accordance with an annual report and budget that is reviewed by the City.
Neighborhood Improvement Districts (NID)
A NID is a special purpose district that can be established to fund public improvements within a neighborhood.
It requires a vote of the property owners located within the district or by petition signed by 2/3 of the property owners within the district.
Transportation Development District (TDD)
A TDD provides a method to fund transportation infrastructure by forming a special district area.
The district can levy a special assessment, property tax or sales tax within the district to fund improvements located within the district.
A petition is filed with the Circuit Court and is voted on by the qualified voters located within the District.