Business improvement area
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Improvement district
An improvement district is a
special district
created to make
improvements
, typically to
infrastructure
, in a given area. It is also called a self-taxing district, because the
property
owners
agree among themselves to pay into the district, in return for services which they also agree on.There are generally two kinds of improvement districts:
business
and
rural
. Business districts typically promote
economic development
, while rural ones usually concentrate on basic things like
drainage
and
roads
. An example of the latter is the
Reedy Creek Improvement District
for
Disney World
in
Florida
.
See more at Wikipedia.org...
This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
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