Property-Based Improvement District (PBID)
Established in 2007
Managed by the San Jose Downtown Association
The Property-Based Improvement District (PBID) is a special benefit assessment district that provides enhanced maintenance, public safety, beautification and economic development programs above and beyond those provided by the City of San Jose. Key programs include Groundwerx cleaning and ambassador programs, tree-trimming and care, homeless assistance, business development and street life projects such as wall murals, crosswalk decor and decorative lighting.
In general, PBID services improve the overall viability of business districts, resulting in higher property values, sales and tax revenues.
The PBID 11-member board represents about 700 property owners in the downtown area and almost 1,800 property sites. It meets every other month.
Board of Directors
In 2007 downtown property owners agreed to pay up to 7.5 cents per square foot to make downtown San Jose sparkle and created the Property-Based Improvement District.
Budget: $3.875 million for 2020-21 including $2.96 million from property owner assessments, plus $395,000 from City of San Jose baseline services.
See annual reviews and balance sheets below: