TIF & Business Improvement Districts

Main Street Resource Cafe

Documents

• Face Time Is Key to Successful BID Start-up [PDF 52KB]
Short article about the factors that make the greatest difference in success or failure of BID start-up.
• Low Budgets Needn’t Stop Small-town BIDs From Thinking and Acting Big [PDF 173KB]
Short article on how small-town BIDs can have a big impact.
• Every Five Years, a Fresh Start [PDF 161KB]
Short article on the BID reauthorization process and the importance of seeking input from a variety of sources.
• The Benefits of Business Improvement Districts: Evidence from New York City [PDF 845KB]
  Provides a brief description of what BIDs are and how they impact commercial and residential property value.
  
• TIF Manual 2010 from State of Maine

Additional External Links

• Portland Downtown District
Portland’s BID
• Bangor Center
Bangor’s BID
• Business Improvement Districts Book
A book on BIDs, which allow for an assessment on property within a defined area. Revenues from this assessment are then directed back to the area to finance a wide range of services, including security, maintenance, marketing, economic development, parking, and special events.