They advance projects that improve access, mobility, economic vitality, beautification, and modernization.
They are funded through self-imposed ad valorem real estate taxes on commercial properties. It is not a sales tax nor a residential tax. There is a limit on how much tax can be collected. In DeKalb County the maximum allowable rate is 5 mills which is $5 per $1,000 of Assessed property value. The calculation is based on the Assessed Value of the eligible commercial real property and not the Appraised Value.
By bringing money to the table, CIDs attract other sources to pay for the majority of projects' costs.
Local property owners are elected to the board of directors and oversee how funds are spent. CIDs are separate from cities, county, and state governments but work together with these governments to pay for and advance area improvements.
Whatever amount is collected locally, those funds go towards programs and projects that benefit the district.
Commercial property owners in Chamblee and Doraville began officially meeting on March 6th, 2018 with the intent to form a Community Improvement District (CID). The commercial property owners seeking to form the CID want to provide leadership and support that can help ensure long term positive outcomes for the benefit of all area owners, businesses and residents.The commercial districts located on Peachtree Boulevard, Buford Highway, Downtown Chamblee and Doraville are anchored by two MARTA rail stations, Peachtree-DeKalb Airport and a good roadway system. The CID will focus investments in transportation projects that improve mobility, access and safety to patrons and area residents. CIDs are a well-established model in metro Atlanta to design and fund improvements to sidewalks, traffic intersections, signage and landscaping. A CID is a self-taxing district which will be comprised of commercial property owners located in the cities of Chamblee and Doraville. The CID will undertake planning, and actions that will positively improve the community. CIDs enhance property values and allow commercial owners to determine how funds are spent in the district. The CID leverages its resources to attract available public funding to enhance the district.
© 2018 Peachtree Gateway Partnership