HOW THE BID CHARGE IS CALCULATED
The charge is based upon a flat $200 fee plus 0.65 mills of total tax assessment.
For example the charge for a property assessed at $100,000 would be calculated as $200 + ($100,000 x 0.00065) = $265. A breakdown summary of ranges is provided below:
| Total Tax Assessment Range | Charge Range | Total Tax Assessment Range | Charge Range |
| $0 to $100,000 | $200 to $265 | 1,000,001 to $3,000,000 | $850 to $2,150 |
| $100,001 to $250,000 | $687 to $850 | $250,001 to $500,000 | $362 to $525 |
| $750,001 to $1,000,000 | $265 to $362 | $3,000,000 to $6,000,000 | $2,150 to $4,100 |
| $501,000 to $750,000 | $525 to $687 | $6,000,000 to Highest Assessment | $4,100 to $4,879 |
Based upon the above formula the YBID generates approximately $100,000 in revenue per year from our membership. The City of Yorkton provides matching (capped) grant dollars of $100,000 per year, which will amount to $200,000 in total annual YBID revenue