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File #: 1018-25    Version: A Name:
Type: Communication Status: Passed
File created: 10/2/2025 In control: Finance and Personnel Committee
On agenda: Final action: 11/18/2025
Title: Subject: Communication sponsored by Mayor Mason for review and approval of the 2026 Operating Plan for Business Improvement District No. 1, Downtown. Recommendation of the Finance and Personnel Committee on 11-10-2025: That the 2026 Operating Plan for the Downtown Business Improvement District, No. 1, be approved. Further that the Finance Director be authorized and directed to include the District’s special charges on the 2025 property tax bills of the affected parcels. Fiscal Note: It is estimated that $301,938 will be raised through bid assessments that will be placed into the Downtown Business Improvement District’s Revenue Account.
Attachments: 1. 2026 Annual Downtown BID Budget Presentation, 2. Downtown Racine BID Operating Plan 2026, 3. ABM Downtown BID 2026 Operating Plan, 4. #1018-25 Resolution

Title

Subject: Communication sponsored by Mayor Mason for review and approval of the 2026 Operating Plan for Business Improvement District No. 1, Downtown.

 

Recommendation of the Finance and Personnel Committee on 11-10-2025: That the 2026 Operating Plan for the Downtown Business Improvement District, No. 1, be approved. Further that the Finance Director be authorized and directed to include the District’s special charges on the 2025 property tax bills of the affected parcels.

 

Fiscal Note: It is estimated that $301,938 will be raised through bid assessments that will be placed into the Downtown Business Improvement District’s Revenue Account.