As of January 18, 2022, the Downtown St. Louis Community Improvement District has been extended for 20 years until 2041 with City-collected assessment funding for 10 years. The 10-year assessment term, which is continued from the original petition, allows for services and projects to be completed within a timely manner. Assessment renewal will be revisited by CID stakeholders in 2031.
Effective with the petition’s approval, the CID is making the following significant adjustments.
- Reducing CID property assessments by 23%. Look for a reduction in your tax bill beginning in 2022. For more information on the reduction, see the board-approved resolution.
- Transitioning to operating as an independent organization with oversight via the CID Board of Directors. As of January 1, 2021, the external management of the CID by Downtown STL, Inc. was concluded.
- Streamlining services to focus on maintenance, beautification, public infrastructure, and public safety.
- Reframing the CID Board of Directors by abbreviating the number of members and broadening asset classes within the Downtown community. Adjustment of the board will be presented in the updated bylaws.
Press Releases, Letters, and Statements
City of St. Louis’ Aldermanic Ways and Means Committee Approves Board Bills Presented by the Downtown St. Louis Community Improvement District
CID Successfully Files Petitions
A Letter From Downtown Stakeholders
St. Louis Business Journal: Downtown tax district’s renewal petition advances
St. Louis on the Air: Downtown tax district makes its case for renewal
St. Louis Business Journal: Downtown tax district says it has ‘successfully filed’ to renew