HomeMy WebLinkAbout3/3/2010 - STAFF REPORTS BID Fee Notes
March 3, 2010 Council Meeting
400 identified businesses
Projected BID revenues = $93,816
83% of businesses will see an average decrease of$160
2% of businesses will see no change
15% of businesses will see an average increase of$212
The maximum increase is $750 for two rental car agencies
Several hotels and a couple of restaurants have the next highest
increases at $500
13 businesses will be capped at the $1,000 maximum
Key clarifications:
• Second hand dealer permit fees are not being included
• However, all businesses with a second hand dealer permit
also need to have a business license (I I currently do not)