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The Downtown Reno Partnership business improvement district boundaries come from the previous Special Assessment Districts in downtown Reno. The boundaries are roughly Keystone Avenue on the West and Wells Avenue on the East. The Powning Historic District and Wells Avenue Historic District are excluded. The boundaries on the North stop roughly at Interstate 80 but extend into the University of Nevada, Reno’s Gateway District. The boundaries on the South stop at California Avenue except where it extends around the Wild Orchid strip club on Saint Lawrence Avenue and Forest Street.
The 2023-2024 fiscal year budget is $3.6 million:
If you do not live within the BID boundaries, then you pay nothing. If you are renting or leasing a living space or business space, you also pay nothing.
If you own property within the boundaries your fee is calculated from several factors in 2019/2020 fiscal year.
*Nonprofit uses will receive a 50% discount on the assessment rate, while residential properties will pay 85% of the standard assessment rate.
If this math is too complicated, don’t fret. The City of Reno has created an interactive map that shows the current fee for every property in downtown compared to the previous Special Assessment District (the City of Reno’s police and maintenance district).
Depending on your property’s location, the BID will offer three levels of clean and safety services, which correspond with the above fee structure.
Assessments are based upon property value through the Washoe County Assessors office. Visit the FAQ “how much will I pay toward the BID” to learn more.
In addition to the ambassadors, maintenance and police meant to enhance safety, cleanliness and vibrancy of the district, the business improvement district also provides economic development and marketing services for property and business owners.
The goal of the marketing manager is to increase business activity for existing operators through joint campaigns, social media and community building. The economic development team will also attract new investment to downtown to enhance property values, sales and occupancy.
The Downtown Reno Partnership business improvement district is set to last 10 years (2028).
The Downtown Reno Partnership business improvement district boundaries come from the previous Special Assessment Districts in downtown Reno. The boundaries are roughly Keystone Avenue on the West and Wells Avenue on the East. The Powning Historic District and Wells Avenue Historic District are excluded. The boundaries on the North stop roughly at Interstate 80 but extend into the University of Nevada, Reno’s Gateway District. The boundaries on the South stop at California Avenue except where it extends around the Wild Orchid strip club on Saint Lawrence Avenue and Forest Street.
The second year (2019-2020 fiscal year) budget is $2.7 million (see previous year).
If you do not live within the BID boundaries, then you pay nothing. If you are renting or leasing a living space or business space, you also pay nothing.
If you own property within the boundaries your fee is calculated from several factors in 2019/2020 fiscal year.
*Nonprofit uses will receive a 50% discount on the assessment rate, while residential properties will pay 85% of the standard assessment rate.
If this math is too complicated, don’t fret. The City of Reno has created an interactive map that shows the current fee for every property in downtown compared to the previous Special Assessment District (the City of Reno’s police and maintenance district).
Depending on your property’s location, the BID will offer three levels of clean and safety services, which correspond with the above fee structure.
In May 2019, the Reno City Council re-approved property owner assessments to fund the Downtown Reno Partnership. Since the original assessments came from 2017 property values for our first year and 2019 property values for the following fiscal year, we decreased the standard assessment formula to compensate for the increased property values throughout the district.
All downtown properties increased in value an average of 26% during that time (meaning that some also went down while others went up). In real numbers that means that residential properties might’ve seen an increase anywhere from $20 to $150 per year in most cases while commercial properties could see more. And new development (meaning from dirt to building) would see significantly higher increase in property value and therefore assessment.
The partnership’s new budget of $2.7M (previously $2.3M) starts July 1, 2020.
As property values continue to increase, so too would the assessment. The board will continue to balance the needs of downtown with the changes in assessment over time.
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