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Answer» What is Local Improvement District mean? Business improvement districts (BIDs), also known as local improvement districts (LIDs), are special districts within a city that are overseen by a nonprofit entity. In the United States, BIDs are typically funded by an additional tax assessment, with the tax increase going toward improvements of the area. BIDs have been used in nearly 1,000 major cities and small towns throughout the United States, including most major U.S. cities that have multiple BIDs. New York City alone has 76 BIDs. reference
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