Selma Business Improvement District discusses equitable fee collection among local businesses

The Selma City Council's recent Business Improvement District (BID) meeting highlighted significant financial concerns and discussions about equitable business assessments. The council reported a decline in the BID fund balance, dropping from approximately $61,000 to nearly $56,000 for the fiscal year 2024-2025, primarily due to delays in collecting the downtown business improvement assessment fees.

Council members expressed the need for transparency regarding which businesses are fulfilling their payment obligations. Member Robertson raised concerns about the number of businesses that have not paid their fees, suggesting that a detailed list of delinquent accounts be compiled to ensure accountability among BID members. The council acknowledged that some businesses may not be paying due to closure, but emphasized the importance of identifying those still operating but not contributing.

Another key topic was the fairness of the assessment structure, particularly the disparity between large corporations and smaller local businesses. Members discussed the current system, which bases fees on business license costs, and questioned whether this method adequately reflects the financial capabilities of different businesses. Suggestions included revisiting the assessment criteria to create a more equitable system, potentially based on business size or revenue.

The council recognized the need for a balanced approach to ensure that all businesses contribute fairly to the BID, which supports local improvements and services. As discussions continue, the council aims to address these financial challenges and foster a more inclusive environment for all businesses in Selma.