Question 1

Where will I see my BID assessment?

Accepted Answer

Your Story Road BID assessment will appear on your annual City of San José Business License Tax bill. The City collects the assessment and distributes the funds back to the Story Road BID.

Question 2

Can BID assessment funds be spent outside the Story Road corridor?

Accepted Answer

No. All assessment funds collected within the Story Road Business Improvement District must be used to support programs, services, and improvements within the district.

Question 3

Who decides how BID assessment funds are spent?

Accepted Answer

The Story Road Business Association Board of Directors oversees the BID budget and annual work plan. Businesses that pay the BID assessment are eligible and encouraged to participate by attending meetings, sharing feedback, and becoming a board member.

Question 4

Will property owners pay the BID assessment?

Accepted Answer

Property owners are not automatically assessed simply because they own property within the district. However, under City of San José requirements, property owners who lease commercial space are required to obtain a City of San José Business License (such as a commercial landlord business license). Because they hold an active business license within the district, they are considered businesses under the BID and are subject to the assessment. In general, any active business license within the Story Road BID boundaries is assessed.

Frequently Asked Questions

Where will I see my BID assessment?

Can BID assessment funds be spent outside the Story Road corridor?

Who decides how BID assessment funds are spent?

Will property owners pay the BID assessment?

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