January 14, 2020·Ranson Financial·1 min read
Wichita city council members have given first-round approval to an ordinance establishing a funding district to support the continued activities of the Douglas Design District, which runs from Washington to Oliver.

A Business Improvement District would provide financing and administration for more services to businesses within the district.  It would be funded through a mandatory annual fee for the businesses within the district, and that would range from $100 to $550 depending on the size of the business.

The Douglas Design District has been a voluntary organization, and members told the council that it is showing signs of strain.  The members want to create a financially self-sustaining organization that won’t have to rely on a volunteer staff.    Some business owners told the council that the yearly fee would be a hardship for them, and they urged the council to deny the BID.

Source: KFDI 101.3Read the full story ↗

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