Photo credit: Dane Meyer
The BIA is a, a private, not-for-profit corporation with 501(c)(4) status. The activities of the BIA are managed by the BIA Board of Directors (also known as the Local Development Council of Tacoma). The eleven-member BIA Board is comprised of property owners from the 84-block area wherein properties are assessed for the BIA. The Board meets monthly to provide oversight to the three service areas of the BIA: maintenance, security and community relations.
Each service area is overseen directly by a committee of Board members and BIA staff. The committees, Maintenance, Security and Community Relations make recommendations to the Board, monitor activities, and coordinate with other entities (e.g. various City of Tacoma departments, Tacoma Police Department and University of Washington Tacoma, etc).
The Tacoma-Pierce County Chamber of Commerce is contracted by the City of Tacoma to manage the day-to-day activities of the BIA and provide administrative support to the Board. The Chamber contracts with Johnson, Stone and Pagano, Certified Public Accountants to annually audit the finances of the BIA.
Annual Budget & Work Plan
The Tacoma City Council annually approves the assessment rates, budget and work plan proposed by the BIA Board of Directors. The BIA fiscal year is from May 1 to April 30.
2008 Re-establishing Ordinance
Occasionally the BIA Board is asked to consider expanding the services of the BIA into other areas of downtown Tacoma. In response to these requests the Board developed a list of criteria for expansion and contracted with Johnson, Stone and Pagano CPAs to conduct an expansion analysis that indicates the cost and benefits of expansion.
Results of the analysis