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Jacksonville approved a business district tax in Five Points to fund security and improvements, starting in 2026.
The Jacksonville City Council approved a business improvement district for the Five Points area in Riverside, passing Ordinance 2025-0539 with a 14-5 vote.
The district will assess local businesses based on heated square footage and parking space, starting in 2026, with fees ranging from 20 to 55 cents per square foot.
Funds will support shared security, blight removal, and infrastructure, with business owners helping set priorities.
The first-year budget will be partially funded by a $150,000 city allocation from a Jaguars-related agreement.
An opt-out provision was removed due to legal concerns.
Supporters say the move will enhance safety and revitalization, while opponents criticized it as a tax burden on small businesses.
Jacksonville aprobó un impuesto de distrito de negocios en Five Points para financiar la seguridad y las mejoras, a partir de 2026.