The Great Yarmouth Business Improvement District (gyBID) was originally formed in 2006 following a successful ballot of town centre businesses. The third and current term went live from April 2016 following a renewal ballot held in February that saw both a majority of 86% turnout in favour of the gyBID being renewed for a further 5 years.
The BID was proposed by Great Yarmouth Town Centre Partnership, who manage and deliver the projects outlined in the proposals contained in the business plan. The Partnership has the support of Great Yarmouth Borough Council that continues to collect the BID levy at no cost to the Partnership ensuring 100% of the levy is spent on the BID projects.
A Business Plan was written following consultations with BID payers during 2015/16. The purpose of the Business Plan is to outline the aims and objectives of the gyBID, and identify the projects and activities that the BID will support. This document also provides detailed information relating to the BID ballot and the BID levy, including the BID area, levy liability and collection arrangements and proposed income and expenditure of the BID.
Visit www.gybid for more information on the town centre Business Improvement District.