What is a CBD?
It is a 15 year special assessment district previously known as a Business Improvement District (like the Union Square BID). It is a funding mechanism through which property owners in a residential / commercial district can vote, through a public hearing process, to ask the Board of Supervisors to levy special assessments on all properties in the district. The revenue appears as a line item levy on the property tax statements and the revenue would go entirely to fund special benefit services within the district. Such services could include whatever the community is willing to fund; services such as sidewalk cleaning, steam cleaning, graffiti removal, better public lighting and lampposts, private security services over and above the services of local police, improved streetscapes and landscape architecture, marketing and promotion of businesses in the district, street fairs, open spaces, tree planting, neighborhood signage, historic preservation, parking & traffic issues; virtually anyt
