The Isle of Wight council’s Cabinet are being asked to consider an option to support a new D-BID by Visit Isle of Wight, the Island’s Destination Management Organisation (DMO).
The current D-BID was agreed in 2016, but legislation covering s Business Improvement Districts (BIDs) requires that the current D-BID arrangements conclude in September 2021 and that any new proposition must be voted in.
Manage ballot and levy collection
The Isle of Wight council’s Cabinet are being asked to support the new D-BID, as well as manage the D-BID process (ballot and levy collection) and as a levy payer for some of its facilities, such as leisure centres, agree to cast its vote for those premises in favour of a new D BID being established.
If agreed at next week’s Cabinet meeting it means the Isle of Wight council will become responsible for collecting the annual D-BID levy that is paid by those Island businesses who make an income from tourism.
Find out more
Full details can be found in the Paper for the Cabinet meeting, embedded below for your convenience.
Image: © Visit Isle of Wight
