Penrith Business Improvement District
Penrith BID approved
The proposal to establish a BID for Penrith was formally announced on the 3 December 2013 and came into effect on the 1 April 2013. The total number of votes cast was 170 representing a rateable value of £5,068,400. The votes in favour were 138 representing £4,392,900.
Support for the Penrith BID
We backed the Penrith BID proposal and voted yes in respect of each of the properties we pay rates for within the BID area. We supported the yes campaign to help convince local businesses of the merits of the proposal which has the potential to raise £500,000 over the next 5 years.