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Business Improvement Districts, the recession and the future of ...

Business Improvement Districts, the recession and the future of ...

BID Projects Impact

BID Projects Impact of spending cutsLondon Bridge n.a. n.a.BirminghamRetailMarketing eventsStreet WardensCouncil co-funding for events and wardenssecure for the time being (BID wardenssupplement council warden service)NottinghamLeisureKingstonBlackpoolTaxi MarshalsMarketing eventsCrime and Nigh-time ManagerPark & RideMarketing eventsStreet WardensBID took over full funding of marshalsBID took over some events and increasedits contribution to Crime and Night TimeManager and Park & Ride projectsBID took over larger share of eventsfunding and wardens serviceImpact of publicspending cuts onBID-LA co-fundedprojectsRugbyCCTV operationNo impact, council funding securedStreet RangersTruro Christmas Lights BID took over full fundingBury St EdmundsLondon RiversideChristmas LightsStreet RangersCCTV operationPolice patrolsBID took over full funding of both activitiesCouncil funding for CCTV secured, but BIDtook over funding of police vehicleAlbion CCTV operation. No impact, council funding secured

Findings: Coping strategies• BID2 business plans: clearer separation of core, levyfundedactivities and others• Narrowing focus to core activities in crime/security and/ormarketing with visible impacts– courting levy-payers, from strategic to operational (division oflabour)• More ‘cost-neutral’ projects: emphasis on club character• Search for new income sources: local authoritycontractors, community interest company, service providerto paying clients

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