Downtown businesses to pay higher levy to DBA
Red Deer’s Downtown Business Association (DBA) is going into 2020 expecting to spend 16 per cent less than it did this year.
The association, which governs provincial regulations for downtown businesses, had its budget approved by city council this week.
Overall expenses, 98 per cent of which are operating, will be $672,000 next year, more than $108,000 lower than in 2019. Revenue is expected to dip more than 10 per cent from $764,000 to $670,000.
One of council’s main concerns is a 2.44 per cent increase to the business improvement levy, while salaries and benefits are increasing 1.36 per cent. This equates to a $5 jump on the minimum levy, which will now be $192.


