Working to ensure a safe, beautiful, and vibrant neighborhood.
Objective is to raise $500,000/annually, used solely for purposes outlined in the budget within the boundaries of the district during its proposed 7 year existence
Offers immediate, direct impact to neighborhood that can be easily measured and tracked thru this website, making the SBD the most transparent local taxing authority
42% of the SBD budget allocated to the neighborhood security initiative (defined by the District boundaries)
Supplements gaps in city services, not “paying for same things twice”
Year 1 tax rate at .35, with maximum SBD tax exposure for any parcel to be capped at $250/annually per Board resolution (Lowest SBD tax rate in City of St. Louis!)
Unspent funds from fiscal year remain under SBD control and would result in possibility of lower future SBD tax rate
Ensures neighborhood events that bond our community have access to supplemental financial resources