Every five years all business ratepayers vote for the continuation of Lincoln BIG.
Lincoln BIG is a business in its own right, controlled by a board of directors drawn from city centre stakeholders. Every five years, business rate payers in the city centre are invited to vote for the continuation of Lincoln BIG for the next five years.
All business ratepayers in the area have a vote on the proposals and to go ahead more than 50% of those who vote have to vote 'yes'.' Those in favour must also represent at least 50% of the rateable value of those who vote.
In November 2014 84% of voting businesses voted yes to Lincoln BIG's plans for the five years between 2015 and 2020.
The next BID Ballot will be in late 2019.
|Lincoln BIG Business Plan 2015 - 2020||()|