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Vicinity and Beyond!
Vicinity and Beyond is your gateway to the latest trends in place management, innovative technologies, and insider insights. Whether you're a place manager looking to enhance your community engagement or simply curious about the future of places, our podcast brings you expert interviews, cutting-edge solutions, and industry news that will keep you ahead of the curve. Join us as we explore the dynamic world of place-making and beyond!
Vicinity and Beyond!
02. Are BIDs taking on too many essential services?
As public services face increasing financial pressures, Business Improvement Districts (BIDs) are stepping up to fill the gaps. But where’s the line between “essential” and “additional” services? 🤔
In this episode, we dive into:
✅ The original purpose of BIDs and the importance of "additionality"
✅ The impact of declining public sector funding on town centres
✅ Real-world examples of BIDs navigating this challenge
✅ Practical strategies for maintaining focus while adapting to change
Join us as we explore this critical issue and share advice for BIDs facing these pressures. 🎧