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HomeMy WebLinkAboutFY2026 BID Work Plan-CommissionDOWNTOWN BUSINESS IMPROVEMENT DISTRICT FY2026 Work Plan and Budget City Commission – May 6, 2025 Downtown BID History •The Downtown Business Improvement District (BID) was originally created in 2000, recreated in 2010 and again in 2020 for another 10-year period. Downtown BID Assessment BID Assessment Programs •The BID programs are funded by the voluntary assessment collected from property owners within the district. •The proposed BID assessment for FY2026 is $280,000, with an estimated assessment rate of $0.0215 per taxable dollar value. •The BID will receive approximately $54,000 in additional revenue from sponsorships and contracts. Total FY26 revenues are budgeted as approximately $334,100 and expenses are estimated to be $333,525. •The BID Board unanimously approved the FY2026 Work Plan and Budget on March 19, 2025. Downtown BID Programs Downtown Bozeman Partnership-Management Fee FY2026 Budget: $82,500 •BID is one of the three member organizations of the Downtown Bozeman Partnership, alongside the Downtown Urban Renewal District (URD) and Downtown Bozeman Association (DBA). •The management fee contributes to the administration of the Downtown Bozeman Partnership office. Downtown BID Programs Maintenance Program FY2026 Budget: $115,900 •Empty the trash & recycling receptables (over 4,300 in the last year) •Water the flower baskets, tree bags •Hang streetlamp banners •Clean up Soroptomist Park •Remove graffiti, stickers and posters •Contracted to clean and maintain downtown parking garage •About 3500 maintenance hours invested in downtown annually, four employees Graffiti Removal Program FY2026 Budget: $7,900 •Removed over 4,000 tags since program began in 2009 •Strive to remove new tags within 24-48 hours •Contract with Clean Slate Group to remove tags on difficult to reach places or challenging surfaces, an increase over previous years Downtown BID Programs Downtown Bozeman Association (DBA) Support FY2026 Budget: $28,000 •Support DBA events, staff and marketing efforts to promote downtown •DBA hosts events such as Restaurant Week, Art Walks, Music on Main, Cruisin’ on Main and more Downtown Safety Program FY2026 Budget: $15,000•There is an opportunity to partner with the Downtown URD and the Art & Safety Grant to provide funding for safety improvements in the downtown area including flood/security lights. The board would like to begin planning alongside the Bozeman Police Department for a dedicated downtown resource officer as the needs of the downtown community shift. This will take several years to establish and would eventually be a split salary funding by downtown and BPD. We would like to leave money allocated in the budget for this initiative. Downtown BID Programs Flower Basket Program FY2026 Budget: $34,900 •A total of 318 Earth Planter flower baskets downtown- full transition in 2024 •Reduce labor, fuel costs and water usage Holiday Decoration Program FY2026 Budget: $21,175 •The white ‘spider’ will be replaced this winter, completing the garland replacement project on all four ‘spiders’ •New lighted garland and bows will be purchased to replace existing damaged strands DOWNTOWN BID Over Two Decades of Beautification & Maintenance in Downtown Bozeman Contact: emily@downtownbozeman.org www.downtownbozeman.org