Downtown Improvement District

Public Purpose

The general purpose, powers, functions and duties of the District will be to improve the Downtown Core of the City of Sarasota.

Overview

• Governing Body: DID Board of Directors, DID Summary
• Appointing Authority: City Commission
• Website: Downtown Improvement District Website
• Fiscal Year: October 1 - September 30
  • Budget & Budget Amendments
  • FY 2024-2025 Annual Report(PDF, 8MB) 
• Meeting Agendas & Materials

Details

• Active or Inactive: Active
• Status: Dependent
• Local Governing Authority: City of Sarasota
• Function(s): Downtown Development/Improvement
• Date Created/Established: November 17, 2008
• Charter including Creation Documents & Boundaries:
  • City Ordinance 08-4832
  • Expansion Ordinance 12-5005
• Statutory Authority: Section 189.4041, Florida Statutes
• Governing Body: Appointed
• Authority to Issue Bonds: No
• Revenue Source: Ad Valorem
• Adopted Code of Ethics: Chapter 112, Part III, Code of Ethics for Public Officers and Employees
• Taxes, fees, assessments or charges imposed & collected:
  
  • Please see Annual Adopted Financial Plan for current Fiscal Year Millage resolution, revenues, and expenditures
• Audit Report for most recent completed fiscal year:
  
  • Please see Comprehensive Annual Financial Report (CAFR) for prior Fiscal Year audited reports