The District law states the majority (at least 51%) of the business property owners within the defined business district agree to the special taxes and sign a petition. |
A work plan with a budget must be submitted and approved by the District of Columbia Council and the mayor. |
| A BID organizes and raises long-term funding for services based on agreed needs and interests of the business district. |
| A BID works towards and advocates for management services that supplement (not replace) basic services already provided by city government. |
| All taxes collected are spent exclusively within the business district. |
| A BID provides a mechanism to equitably and reliably acquire funds for management and deliverable services to improve the business district. |
| The BID is governed by a Board of Directors that includes property owners, and the BID is renewed by a vote of the membership every five years. |