If you own a home,land or a building in Uptown then you are a tax paying member of the Uptown Public Improvement District. You get a tax statement each year showing your contribution to Uptown. This taxing entity was created to help an under served neighborhood climb out of the economic doldrums. I think it worked.
The Uptown PID is set to expire on 12-31-2012 after having been renewed in 2005. This PID is one of 7 in the City of Dallas. Lake Highlands ,lots of construction going on now, South Side, Deep Ellum . Downtown has a PID and Prestonwood and another booming area Vickery Meadow. Each Pid can tax up to 0.15 per $100 valuation .Currenty the Uptown PID is at 0.045 per $100 valuation . We are the lowest taxed of the Dallas PIDs. Most of the PIDs are at 0.10 or better ours was higher in 2000 and 2001 at 0.06 and 0.07 respectively.
A PID can use the tax money in several ways. Sidewalks,fountains,landscaping and signs. Along with public art , libraries , mass transit and parks. Big projects to like a pedestrian mall, off street parking and water/drainage projects . The money can also be used for promotion of the area and up to 15% can be used for expenses and operation of the PID.
The PID is required to have quarterly reports, annual audit and a annual meeting that is open to all property owners. They have a board that you as a property owner can serve on.
Look for a letter from the PID announcing the annual meeting.
From the 2008 PID district overview ,provided by the City of Dallas, the Uptown PID had a total assessment of $1,316,955.00 . That was the most of all the PIDs except Downtown Dallas which had $5,743,714.00 in assessments. The Uptown pid has the largest percentage being spent on administration cost 12% of the assessment , apx. $158,000.00, The Uptown PID also has the largest promotion budget spending %40 of the assessment , apx . $526,000.00, value.
The property values increased 11.2% from 2007 to 2008 next to last when compared to the other PID districts .
If you live in the Uptown PID district,and own property, then you should be involved in how the money is spent. You can contact Telemachus Evans and the City of Dallas redevelopment office. Phone number is 214-671-8042 or email telemachus.evans@dallascityhall.com. You can also contact Angela Hunt your District 14 council person. Maybe you have some ideas on improving our neighborhood .
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