The Shelby County FY2026 Budget Subcommittee Meeting held on May 21, 2025, focused on the initiatives and budgetary needs of the Central Business Improvement District (CBID) aimed at enhancing downtown Memphis. The meeting highlighted the district's commitment to creating a safer, cleaner, and more welcoming environment without relying on county or city taxes.

The CBID, which employs approximately 49 staff members, is dedicated to reducing blight and promoting vibrancy in downtown Memphis. With a residential population of around 25,000, including a significant number of college students, the district is positioned for growth, attracting both residents and businesses. The meeting underscored the importance of maintaining a strong core downtown, which is essential for economic development.

Key initiatives discussed included the introduction of a new ambassador program designed to improve public safety and hospitality. The CBID aims to enhance community engagement and cleanliness through various services, including graffiti removal and trash collection. The organization reported that 28% of its efforts are focused on public safety, while 16% are dedicated to beautification and maintenance.

A significant aspect of the meeting was the presentation of the budget proposal, which includes a CBID assessment of 65 cents per $100 in assessed value for commercial properties valued over $25,000. This assessment is projected to generate approximately $4.8 million, reflecting a conservative estimate due to a reassessment year. The budget also includes funding for new equipment to support cleanliness initiatives, which are critical for maintaining a safe and inviting downtown atmosphere.

The CBID is transitioning some of its cleaning and maintenance responsibilities to an external partner, Block by Block, which specializes in providing clean, green, and safe services. This partnership is expected to enhance the effectiveness of downtown maintenance efforts and improve overall service delivery.

In conclusion, the meeting emphasized the CBID's strategic focus on community development, public safety, and beautification as essential components of its budget proposal. The anticipated approval of the budget will enable the district to continue its efforts in fostering a vibrant downtown Memphis, ultimately benefiting both residents and visitors. The next steps will involve finalizing the budget and implementing the proposed initiatives to enhance the downtown experience.