On 29 November 2019 the businesses in the Bankside area voted overwhelmingly for another five year term, with 92% in favour and 55% turnout in terms of numbers and 97% in favour and 69% turnout in terms of rateable value. This increases the majority by numbers won in 2015 and is in fact the largest ever ballot majority achieved by Better Bankside. The ballot extends the life of the Better Bankside Business Improvement District (BID) to 2025 and expands our area from 750 businesses to almost 1,000.
Commenting on the ballot outcome, Better Bankside CEO, Peter Williams, said: “Our offer to meet each of our 1,000 member businesses at their premises resulted in fabulous feedback on the area and our operations. From new occupiers to those that are already very involved in our programme, it has been a rewarding experience. Our themes of responsible business and resilient communities resonated, and there clearly is an appetite for the kind of change we advocate and support. 621 votes cast is a great response from our membership and gives us a clear mandate for the next five years.”
The result secures £11m investment over the next five years to deliver projects and services that improve the neighbourhood. The BID boundary will be extended from April 2020, welcoming more businesses into the Better Bankside community.
|Total number of votes cast (excluding any ballot papers rejected)||596|
|(Turnout by numbers)||55%|
|Aggregate rateable value of votes cast||£142,633,600|
|(Turnout by rateable value)||69%|
|Votes in favour||550|
|(Votes in favour as percentage of turnout)||92%|
|Votes in favour by rateable value||£138,542,250|
|(Votes in favour as percentage of turnout)||97%|