The BID is run by a Board of Directors comprised of, and voted in by Adams Morgan landlords and business owners. The daily operations are managed by an executive director who reports to the board.
BIDs give us all a voice because BIDs have clout - and clout brings about action and results. When a BID talks, government listens! Local
goverments are very supportive of BIDs and as a result, they pay more attention and give more weight to the requests of a BID.
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New commercial districts throughout the city are being developed and existing zones are being improved. These commercial zones will be competing for the same city services, the same investors and the same patrons. We, as property and business owners have a chance to help Adams Morgan successfully compete for those city services, those investors and those patrons...And that chance is to make our own BID.
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You, like the rest of us, made an investment in Adams Morgan when you bought your property or created your business. Now you, along with the rest of us, have an opportunity to increase the value of your investment or grow your business by greatly improving the place that houses that investment...Adams Morgan.
Our BID is funded through the collection of a “BID Tax” that is calculated based ONLY on the assessed value of the of the commercial portion of the properties that fall within the BID zone. The BID assessment is only .0021% of that commercial value. So if your property is assessed at one million and a third of it is commercial, your annual contribution would be $693 ($333,000 X .0021) or just $1.90 a day! For less than $2.00 a day you could have a cleaner, safer, better promoted, better managed, more accessible Adams Morgan! BID services will supplement-not supplant-basic city services, and unlike city services, we have full control over how we spend every BID penny. To figure out what YOUR contribution would be just enter the appropriate information into the BID CALCULATOR below.
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| Please enter your ASSESSED COMMERCIAL VALUE: |
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