What Do Business Improvement Districts Do for Property Owners?

Schwartz, A.E., Ellen, I.G. & Meltzer, R.
Proceedings of the Annual Conference on Taxation, p431-437, 7p

The article discusses the implication of business improvement districts (BIDS) to property owners in the U.S. The scheme first arrived in the country in mid-1970s when urban centers were losing both residents and businesses to suburbs. Such scheme is beneficial to companies because it delivers fair basic services such as security, maintenance, marketing and capital improvements.