Proposed East Village Business Improvement District and Tax Assessment

Original title: Establishment of the East Village Business Improvement District and Approval to Levy Assessments in the East Village Business Improvement District for Fiscal Year 2026-2027. - DEFERRED TO 6/2/2026 PER ADMINISTRATION

Record date · May 12, 2026

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What This Bill Does

The City Council is considering the creation of a new in the East Village, which would involve levying special assessments on local properties for the 2026-2027 fiscal year. The decision on this proposal has been by the administration until June 2, 2026.

Why it matters

Property owners within the proposed East Village district may face new mandatory annual assessments to fund local improvements, with the final decision on the district's formation and tax rates delayed until June 2026.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

East Village property owners

These owners would be subject to mandatory special assessments if the district is established.

Directly affected

City Council

The council is responsible for the legislative approval and oversight of the district.

Key Facts

The City Council is considering the formal establishment of the East Village Business Improvement District.
The proposal includes the authority to levy special assessments on properties within the district for the 2026-2027 fiscal year.
The legislative action (File 26-558) has been officially deferred by the administration.
The new date for consideration of this item is June 2, 2026.

Show all 6 facts

The item is categorized under Community & Economic Development.
The legislation was introduced on April 28, 2026.

Frequently Asked Questions

What is a Business Improvement District (BID)?

A BID is a defined area where property owners pay an additional assessment to fund improvements and services, such as cleaning, security, or marketing, that go beyond what the city provides.

When will the City Council vote on this?

The vote has been until June 2, 2026.

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