The DBBA is funded primarily by the Economic Improvement District (EID) created in May of 2007 by City of Bend ordinance to improve and maintain downtown. Each EID since that time has lasted 3 years, and has been renewed at each expiration. Our next renewal will be voted on in April 2018.
Our last budget increase through the EID was 6 years ago in 2012.
This year, the EID renewal has moved to 25 cents. This will allow us to continue our existing programs (click here to learn about what we do), accommodate inflation and cost of living increases, and fund future growth and development.
An EID is a funding mechanism that enables Downtown Bend to achieve its goal of staying successful. Throughout the U.S. cities of all sizes utilize EIDs as an equitable way to fund improvements. With an EID, ALL property owners (and thus tenant business owners) contribute to the effort via an assessment of square footage. The EID may invest in improvements of beautification, maintenance, marketing and other projects or programs in order to generate economic activity and ultimately increase property values.
Downtown has benefitted from an EID since 2005. The current district will terminate as planned in April 2018. The EID has been responsible for such popular improvements as the flower baskets, banners, holiday decorations, sidewalk cleaning, snow removal as well as events and marketing.
The annual assessment will be $0.25 per square foot of commercial building space for a three-year period.
Once approved, we plan to launch an aggressive campaign to increase safety and cleanliness in Downtown Bend. This includes a 4-pronged approach:
Once approved, we will increase our focus on parking and transportation in the Downtown core. This includes:
Once approved, we will increase historic renovation & cultivation within the EID
Once approved, we will rebrand Downtown and increase marketing
Once approved, we will increase events and community projects
Once approved, we will increase advocacy
Once approved, we will increase fundraising & grant writing
Failure to reauthorize the EID for 2018 would likely cause the end of many downtown projects. Funding would be lost for flower baskets, holiday lights and decorations, sidewalk cleaning, snow removal, banners and more. Downtown would lose its liaison and advocate as well as marketing and maintenance staff. Events like Art Walk, Oktoberfest, the Sidewalk Sale, the Holiday tree lighting, visits with Santa, the Veteran’s Day and Christmas Parades, and more will lose funding leading to their potential cancellation.
The nonprofit Downtown Bend Business Association Board of Directors and staff have been meeting with property and business owners to determine the scope of work, budget, project area, and duration of District. We have been doing a lot of research to address what we need to do to continue to keep Downtown Bend vibrant.
There will be public hearings that will allow property owner comment. Property owners will receive an official letter from the City of Bend announcing the first public hearing scheduled in March. City Council, after hearing from property and business owners, will then determine the course of the EID. The final hearing to consider approval will occur in April. If approved, billing for the reauthorized EID will go out in June.
Our new budget covers the cost of living increases from 2012 (our last EID increase) to 2021 (our next EID renewal). Rates of inflation are calculated using the current Consumer Price Index published monthly by the Bureau of Labor Statistics (BLS). Projected inflation rates can be found here.
If you have questions about our organization, our Executive Director is happy to chat on the phone or go have coffee with you to discuss Downtown Bend and our organization’s role in keeping it vibrant. You can contact her directly here.
For reports or additional data, contact us.