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A public meeting to discuss the Near Westside PID will be held at
6 p.m. Wednesday, April 17, at Blue Mesa Grill, 612 Carroll St.
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The City of Fort Worth is working with business owners in the West 7th corridor, the Foundry, and other nearby business districts to explore whether or not to create a Public Improvement District (PID) to support safety enhancements in the area.
What is a PID?
Public Improvement Districts (PIDs) are defined geographical areas established for specific types of improvement or maintenance, which are financed through assessments to area property owners. PIDs can provide funding for supplemental services and improvements that better meet the needs of the community, which could otherwise not be provided by existing local resources.
- The boundaries of a Public Improvement District are typically determined through a process that involves local government authorities, property owners, and public input.
- The proposed boundary for the Near Westside PID is in the map below.
- The proposed Near Westside PID does not include residential properties, who would not pay into the assessment.
To establish a PID, a petition must be signed by area property owners that represent more than 50% of the appraised value of the PID assessment – and that's where you come in.
If you're interested in helping create the Near Westside PID, contact the City of Fort Worth's PID Administrator to begin the process, and be sure to include your business' name and property address.
What are the boundaries of the proposed Near Westside PID?
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The rough boundaries for the Near Westside PID would be University Drive to the west and Woolery Street on the east, excluding the Montgomery Plaza area. The northern boundaries would be the West Fork of the Trinity River and N. Henderson St., while the southern boundaries would end near the area where University Drive connects to Trail Drive.
What is the goal of the proposed Near Westside PID?
The goal of the Near Westside PID would be to enhance the quality of life in the area by creating a dynamic and safe district. The PID would help support a few key improvements:
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Clean
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Appealing
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• More Police officers
• Security cameras
• Security lighting
• Safety technologies
• Street calming measures
• Ambassador program –
Hospitality services
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• Ambassador program –
Cleaning services
• Regular maintenance services
• Litter abatement
• Illegal dumping prevention
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• Promotional signs and banners
• Health and sanitation
• Water and wastewater improvements
• Business development opportunities
• Cultural enhancements
• Advertising
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How would the Near Westside PID impact me and my business?
Business owners within the PID boundaries would benefit from its services and enhanced infrastructure, including those improvements listed above. PIDs also help support a more attractive living and business environment, driving additional foot traffic and customers to the area.
However, property owners within the PID boundaries would pay an additional annual assessment into the PID each year as part of their annual property taxes.
- This assessment is calculated based on your property value: Property Value / 100 x Rate = Annual Assessment
- If approved, the rate would be $0.15 per $100 of assessed property value.
- Only commercial property owners will be assessed – not residential properties.
- More detailed information is available in the FAQ section below.
Contact the City with your name and property address to add to the petition
Frequently Asked Questions (FAQs)
How much will this cost, and how is it calculated?
Your PID assessment is based on your property value – the equation is "Annual Assessment = Property Value / 100 x Rate".
If approved, the proposed rate would be $0.15 per every $100 of assessed property value for this initial year.
Who will be assessed?
The Near Westside PID assessment would impact commercial properties only – no residential properties would be impacted.
Non-taxable entities may also make voluntary contributions to support the PID's funding, allowing them to participate in and benefit from the improvements and services provided by the PID.
When would I make my first payment?
The PID assessment is billed with the ad valorem tax bill mailed by the Tarrant County Tax Assessor every year.
Your first assessment would fall in October 2024, following the establishment of the PID.
Who will decide how PID funds are allocated?
A PID Advisory Board determines how a PID's funds are allocated.
This board is composed of property owners within the district, or representatives appointed by the property owners.
What benefits do property owners in a PID receive?
Property owners can expect to see enhanced infrastructure and services within the district, which can lead to increased property values and a more attractive living or business environment.
What percentage of property owners or property value is typically required to establish a PID?
The PID petition must be signed by the owners of taxable real property that represents more than 50% of the appraised total value of taxable real property within the PID boundaries, AND:
- Record owners of the property who constitute more than 50% of all record owners of the property liable for the assessment, OR
- Record owners who own taxable real property that constitutes more than 50% of the area of all taxable real property liable for the assessment.
For any other questions, contact the City's PID Administrator.