Firms in Carlisle city centre have not backed a proposal to set up a Business Improvement District. Most of the business ratepayers in the area who voted rejected the plan – although the majority of rateable value voted in favour, reported The Cumberland News.
A ‘yes’ vote is required for both categories to allow a BID to be approved, which means that in this case the smaller businesses rejected the BID plans. The BID levy threshold was set at a rateable value of £7,500
The votes for the ‘BID’ ballot have been cast, verified and counted. A total of 332 businesses were eligible to vote. There was a 37.3% turnout.
The declaration of the results was held today (Friday, 28 September), at the Civic Centre, after polling closed yesterday. The ballot period for qualifying businesses took place between Wednesday, 29 August and Thursday, 27 September.
The results are as follows:
• Total number of votes cast in the ballot, excluding any given on ballot papers rejected: 124
• Aggregate rateable value of each hereditament in respect of which a person voted in the ballot: £7,787,050
• Total number of votes cast in favour of the proposed Business Improvement District for Carlisle: 55
• Aggregate rateable value of each hereditament in respect of which a person voting in the ballot has voted in favour of the proposed Business Improvement District for Carlisle: £5,284,900