Salisbury BID Renewal Ballot
Salisbury BID’s first term is coming to an end on 31st March 2019. To enable the BID to continue to a second five-year term, a ballot is taking place in accordance with the Business Improvement Districts (England) Regulations 2004.
The BID ballot will run from 31st January to 28th February 2019, and all BID levy paying businesses will be invited to vote.
For the BID ballot to be successful, a majority in number and a majority in the proportion of the rateable value of those voting must be achieved.
If the ballot is successful, Salisbury BID will start a second five-year term commencing 1st April 2019. In the event the ballot is unsuccessful, Salisbury BID will cease to exist on 31st March 2019.
There is no replacement body that will deliver the objectives, projects and services outlined in the BID's Business Plan (2019-2024).
The themes the BID's second term are:
- Welcoming & Enhancing
- Promoting & Supporting
- Representing & Influencing
The BID business plan (2019 - 2024) will be available from January 2019.
What is Salisbury BID?
Following an extensive consultation, in 2014 businesses in Salisbury city-centre voted to become a Business Improvement District (BID).
Salisbury BID was established with a proposal to help make Salisbury a better place to live, work and visit.
Salisbury BID is a not-for-profit organisation and encompasses over 500 levy paying businesses within the ring road of the city.
The BID’s purpose is to deliver work of added-value that would not otherwise be carried out by any other business, authority or stakeholder.
What is a BID?
A BID (Business Improvement District) is a business-led body formed to improve a defined commercial area.
Funded by businesses for the benefit of those businesses, a BID enables a coordinated investment into the area and delivers projects and services which are in addition to those already provided by the Council.
A BID is a not-for-profit company, which can only be formed following consultation and a ballot in which businesses vote on a BID proposal.
What is the BID ballot?
The BID ballot is a legal vote which takes place in accordance with the Business Improvement Districts (England) Regulations 2004 in order to secure a five year term for the BID.
When is the Salisbury BID ballot?
Salisbury BID's ballot is 31st January - 28th February 2019
How can I vote?
Ballot papers will be delivered by post to all businesses eligible to vote (BID levy paying businesses) on 31st January. Ballot papers must be returned by post by 5pm on 28th February.
How do I know if my business is a BID levy payer?
If your business is situated on a named street in the BID business plan and has a rateable value of £10,000 or more, you are a BID levy payer. You can find out your rateable value here.
How much is the BID levy?
The BID levy rate will be charged at 1.5% of the rateable value as at 1st April 2019 based on the 2017 rating list.
When will the BID ballot result be announced?
The result of the ballot will be announced on 1st March 2019.
Why should businesses vote to keep Salisbury BID?
If businesses do not vote to keep the BID, the projects and services delivered by the BID will cease and the details set out in the BID's business plan will not be taken forward. There is no replacement body that will deliver these services. The collective voice for Salisbury's businesses will be lost.
How will the BID ballot be determined as successful?
The BID ballot will be successful if the following two criteria are met:
• More than 50% of businesses that vote must vote YES
• Of the businesses who vote, the YES vote must represent more than 50% of the total rateable value of all votes cast
What does a ‘YES’ vote mean for Salisbury?
A renewal of Salisbury BID for a further five years will mean:
• An additional £2m investment into Salisbury city centre
• A voice for businesses to influence the future of the city
• The continuation of BID projects, initiatives and services
• Development of new projects as set out in this business plan, following feedback from businesses given in our consultation
What happens if it's a 'NO' vote?
Should the BID ballot in February 2019 fail to gain a positive majority vote, Salisbury BID will cease to exist on 31st March 2019.
Under such circumstances, all projects and activities funded by the BID will terminate. There is no replacement body that will deliver these services.
How is the BID governed?
Salisbury BID operates as a company limited by guarantee and has a voluntary Board of Directors. The Board of Directors represent business members and takes responsibility for the strategic and financial management of the BID.
The Board will meet on a quarterly basis as a minimum, to review strategy and consider recommendations from the Chief Executive and to agree any decisions on behalf of the BID company.
The BID team operates the day-to-day running of the BID and deliver the projects, services and initiatives set out in the BID’s business plan.