North Hertfordshire has Business Improvement Districts (BIDs) in three areas: Letchworth, Hitchin and Royston.
A BID is an area within which projects specified in the BID arrangements are to be carried out for the benefit of that district or those who live, work, or carry on any activity in the district. The projects are financed (in whole or in part) by a BID levy imposed on the non-domestic ratepayers, or a class of such ratepayers in the district.
Find more information about BIDs on our Town Centres page.
A BID can only be established where those entitled to vote approve the BID proposals. For a BID to be successful, the ballot must be won on both a straight majority and a majority of rateable value (the value of a commercial property unit). - the total rateable value of those in support of the BID must be greater than the total rateable value of those against the BID.
A BID has a lifespan of 5 years.
The renewal ballot for the Royston BID closed at 5pm on 30 November 2023. The majority voted in favour of the proposal. The BID has therefore been renewed for a further 5 years.
Hitchin and Letchworth
The renewal ballots for Hitchin and Letchworth closed at 5pm on 7 December 2023. The majority voted in favour of the proposals. The BIDs have therefore been renewed for a further 5 years.