A weekly brief on what we're watching – so you don't have to.
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JUNE 29 2021             

This is your BBA Brief,  a quick look at three issues on the horizon for Team BBA.

We'll give a quick lowdown of issues of importance to you and your business that we're watching this week. 

Join the discussion or rest easy knowing we're on the case advocating for our members and a vibrant Burlington. 

Happy Tuesday, all. 

—KD

cityplacerendering.jpeg

  PC: CityPlaceBurlington.com

CityPlace Burlington

As the City Place project remains tied up in legal disputes, Burlington's vacancy rate drops below 1%. 

CityPlace Burlington promises to provide affordable housing in downtown Burlington. Despite support from Mayor Miro Weinberger and Burlington City Council, the much needed downtown revitalization remains at a standstill. 

On Friday, Mayor Weinberger announced his plan to bring the parties together for two mediation sessions in July. The BBA encouraged this action. The timeline for Tax Increment Financing (TIF) dollars to pay for city infrastructure at the project site is running short. The BBA does not have a position as to the merits of either party’s position. 

MAYOR WEINBERGER STATEMENT - JUNE 25, 2021

City Budget Vote

The City Council unanimously passed the FY22  city budget. Here's the highlights of the final budget: 

  • The Total: $87.5 million — an $8.8 million increase from 2021’s budget of $78.5 million.
  • Over $1 million added to address racial equity and justice
  • The $0.06704 tax rate = $1.7 million more in the city coffers.
    • This does not include the special taxes businesses/commercial pay:
      • an extra 20% over appraisal - about $500k
      • Business Personal Property Tax - over $1million
      • DID Tax - $150k - with plans to look at retiring in 2022.

Burlington City Council Approves $87.5 Million Budget

Other Items We're Following

The BBA is keeping a close eye on... 

Police Transformation Plan - the Public Safety Survey preliminary results have been released. Look for a recap in next week’s Brief.

 

Redistricting to account for 2020 Census - Burlington City Council passed a resolution last night to create an Ad-Hoc Committee comprised of one resident from each ward. The goal is to bring a plan forward to voters in March of 2022.

 

Amtrak to BTV - Construction continues. Stay informed.

VTRANS AMTRAK PROJECT WEBSITE

Email Natalie Boyle @ nboyle@eivtech.com to get updates. Call her with any questions or concerns (802) 855-3893 .

Upcoming BBA Event: Coffee with Kelly

A monthly Zoom with the BBA - Tomorrow,  June 30th at 2 pm 

Join us for the second Coffee with Kelly for updates and to ask questions on all things affecting your business and economic vitality in Burlington. 

This meeting will cover: 

  • The sunsetting of DPW's contract with the BBA 
  • The FY22 City Budget + DID Fees 
  • Public Safety + Police Transformation Consulting Survey
  • YOUR Questions 

 REGISTER NOW for the zoom link 

Our voice is your voice 

• Call Kelly – 802-863-1175

• Email Colin Hillard – colin@bbavt.org

• Check out the other member benefits on our website

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