Businesses Overwhelmingly Support Second Term for Huddersfield BID

Businesses in Huddersfield have overwhelmingly voted YES to endorse a second term for the Huddersfield Business Improvement District (BID), marking a significant milestone in the town’s ongoing efforts for revitalization and progress.

The Huddersfield BID team, dedicated to enhancing the town centre, has been tirelessly working for five years, striving to showcase the essence and potential of the area.

During the balloting period, which extended from 1st to 28th February, 29.97% of businesses returned their ballot papers, reflecting a notable increase of almost 4% compared to the previous vote. Impressively, 68.97% of the participating businesses voted in favour of a second term, representing a resounding 69.63% in favour by rateable value.

Samantha Sharp, the Manager of Huddersfield BID, expressed her elation, stating, “We are thrilled with the news that levy payers have voted in favour of a second term of Huddersfield BID. We know that the services we deliver make a big difference to the town centre – such as the Street Rangers, security, jet washing, graffiti removal, free courses for members and delivering amazing footfall-driving events to the town centre.”

With a renewed mandate, the Huddersfield BID looks forward to continuing its impactful initiatives over the next five years, with an additional investment of £2.2 million pledged towards enhancing the town centre and providing essential support to its businesses.

The priorities for the upcoming term revolve around the themes of Enhance, Engage, and Enterprise. This entails a sustained focus on existing services along with new initiatives such as sustainability projects, support for void units, and fostering street art.

Samantha elaborated on the objectives for the 2024-2028 term, stating, “Our three key objectives for the 2024-2028 Huddersfield BID term are to Enhance, Engage and Enterprise Huddersfield town centre. We would like to thank each and every business who has taken the time to vote in favour of a second BID term.”

To sustain and expand its endeavors, the BID levy will be set at 1.75% for Zone 1 (town centre) and 1% for Zone 2 (outside the ring road) of the rateable value for non-domestic (business) rates. This slight increase from the previous term is necessitated by the 2023 Business Rates Revaluation, which has impacted the BID’s annual income.

As with the previous term, only businesses with a rateable value exceeding £10,001 will be subject to the BID levy. The commencement of the new five-year term is scheduled for October 1, 2024.

For those interested in delving deeper into the strategic vision of the Huddersfield BID for 2024-2029, the comprehensive business plan can be accessed here.

The resounding endorsement for a second term underscores the collective commitment of Huddersfield’s business community towards fostering growth, sustainability, and vibrancy within the town centre, heralding a promising future for Huddersfield and its stakeholders.

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