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 formal BIG Ballot timetable for 2019 is as follows:-
March - Consultation workshops for Levy Payers
June - Publication of the 2020-2025 prospectus for comment
September - Publication of the 2020-2025 Business Plan
Wednesday 9 October - Ballot papers will be sent to eligible voters by City of Lincoln Council
Wednesday 27 October (by 5 pm) Appointment of Proxy
Thursday 31 October - Lost papers (lost and able to be re-issued if not received)
Wednesday 7 November - 6.30 pm - Annual General Meeting and Ballot Result
|Lincoln BIG Business Plan 2015 - 2020||()|