As Wilonsky broke yesterday afternoon, the folks at Klyde Warren Park would like its neighbors to start pitching in with the costs of maintaining the park. Their plan is to create a public improvement district, which would assess a small tax on property owners in the district to help with, well, improvements. Wilonsky mentioned the 10 other PIDs in the city briefly in his piece, but let’s open it up a bit, and see where the Klyde Warren Park PID would fall:
Deep Ellum (founded in 1999), assesses a 12-cent/$100 of appraised value tax
Downtown (founded in 1992) assesses a 11.9-cent/$100 of appraised value tax
Knox Street (founded in 2010) assesses a 15-cent/$100 of appraised value tax
Lake Highlands (founded in 2008) assesses a 13-cent/$100 of appraised value tax
Oak Lawn-Hi Line (founded in 2009) assesses a 15-cent/$100 of appraised value tax
Prestonwood (founded in 1997) assesses a 9-cent/$100 of appraised value tax
SouthSide (founded in 2005) assesses a 15-cent/$100 of appraised value tax
Tourism (founded in 2012, no documents available yet)
Uptown (founded in 1993) assesses a 4.5-cent/$100 of appraised value tax
Vickery Meadow (founded in 1993) assesses a 10-cent/$100 of appraised value tax for premium areas, 5-cent/$100 of appraised value tax for standard areas
These were the proposed values for 2012, as found on the city’s PID website. The proposed Klyde Warren Park PID would begin at a rate of 2.5 cents/$100, but could raise up to 15 cents, the maximum value allowed. PIDs are approved in seven-year clips, but are often renewed. Each PID is created at the request of area property owners, and Klyde Warren Park PID supporters will need to garner the support of 60 percent of property value — not 60 percent of the property owners — to take the plan to the city.
Maybe this is what the city needs to get Zac’s double-park idea off the ground. Fingers crossed.
