MONROE - The city's downtown Business Improvement District board will be assessing its 2014 tax levy at $37,500 - $5,000 more than last year.
The additional money is for improvements to the downtown parking ramp and for planning a future ramp. The remaining portion will go to Main Street Monroe for its 2014 operations and events.
The board voted unanimously for the levy Thursday, Oct. 17 About 10 guests attended the meeting, which included a public hearing regarding the BID assessment and a review of returned surveys regarding the board's 2013 objectives and operating plan. The meeting was open for public comments.
Most of the comments related to parking problems in the downtown area and the need to keep and maintain the parking ramp, according to meeting minutes. Also, most of the guests who spoke at the meeting supported the extra $5,000 being added to the BID tax levy.
Ryan Wilson reviewed the Main Street activities, noted their success and recommended changes for 2014, according to the minutes and Kelly. The MSM proposed budget for 2014 was presented in the amount of $130,200.
Wilson also reported Tax Increment District No. 7 had a turnaround in its 2012 equalized property values assessment, which represents a 3.5 percent annual growth rate, and expected the district to meet its projection plan.
The BID and Main Street Monroe boundaries coincide with the boundaries of Tax Increment District No. 7, which includes all or parts of about 30 city blocks around the Green County historic courthouse.
The additional money is for improvements to the downtown parking ramp and for planning a future ramp. The remaining portion will go to Main Street Monroe for its 2014 operations and events.
The board voted unanimously for the levy Thursday, Oct. 17 About 10 guests attended the meeting, which included a public hearing regarding the BID assessment and a review of returned surveys regarding the board's 2013 objectives and operating plan. The meeting was open for public comments.
Most of the comments related to parking problems in the downtown area and the need to keep and maintain the parking ramp, according to meeting minutes. Also, most of the guests who spoke at the meeting supported the extra $5,000 being added to the BID tax levy.
Ryan Wilson reviewed the Main Street activities, noted their success and recommended changes for 2014, according to the minutes and Kelly. The MSM proposed budget for 2014 was presented in the amount of $130,200.
Wilson also reported Tax Increment District No. 7 had a turnaround in its 2012 equalized property values assessment, which represents a 3.5 percent annual growth rate, and expected the district to meet its projection plan.
The BID and Main Street Monroe boundaries coincide with the boundaries of Tax Increment District No. 7, which includes all or parts of about 30 city blocks around the Green County historic courthouse.