The City of Charleston Finance Committee on June 4 adopted Resolution 25‑50 receiving the work plan summary and approving the City Center Business Improvement District's (BID) fiscal year 2025–26 budget, with annual assessments unchanged from the prior year.

Susie Salisbury, representing the BID, summarized the budget and the organization's partnerships. “This city center business improvement district is really, made up of a lot of partners, very committed partners,” Salisbury said. She told the committee the BID expects about $92,500 in assessment revenue and has leveraged those assessments with other funding sources to support projects in the district.

Salisbury said the BID has leveraged $300,000 in state funds, $600,000 in congressionally directed funding and about $240,000 from a Region 3 subrecipient allocation, for a total leveraged amount the BID described as roughly $1,140,000 in addition to assessment revenue. She described planned projects guided by a master plan completed in late 2023, including new lighting on Summer Street, replacement of trash containers, more planters, and safety and activation projects. The BID also funds a BID ambassador position; Salisbury said the BID pays the full cost of that employee, including benefits and equipment.

Salisbury noted the BID's largest receivable is from the Woodrooms Building; staff said that receivable remains outstanding pending a sale. Committee members asked no substantive questions and approved the resolution by voice vote.

The BID board meets monthly and will proceed with design and procurement actions under the work plan; staff said an expression‑of‑interest for Summer Street lighting designs was open and responses were due the week of the meeting.