- PCIDs assist in accelerating, providing seed money and building needed infrastructure projects that local and state governments cannot afford. Projects are based on a business case for investment that will produce the best return for the economy and quality of life in Perimeter.
- The Perimeter CIDs and their partners are making a difference in the lives of workers, residents and visitors in the Perimeter area with these transportation improvements to improve connectivity and access.
- PCIDs provide a solid return on investment for their funds that are matched by their local and state governments.
- PCID dollars can only be used for certain purposes as indicated by their individual State Legislation and local agreements.
- PCIDs tax is a self-imposed additional commercial property tax paid voluntarily by commercial property owners, not residents.
- PCIDs access matching funds from governments from specified accounts budgeted for the purpose of keeping safe, efficient roads and transit alternatives.
- Perimeter businesses employ approximately 100,000 people.
Creating the Southeast's Premier Walkable Livable Center
The Perimeter Community Improvement Districts (PCIDs), representing both the Central (DeKalb) and Fulton Perimeter CIDs, are self-taxing districts that use additional property taxes to help accelerate needed transportation and infrastructure improvement projects. The PCIDs are leading the charge to implement vital transportation enhancements coupled with land use and zoning strategies that will enhance mobility and improve access to the Perimeter activity center.
Partnerships Bring Success
Through the Perimeter Community Improvement Districts, commercial property owners voluntarily pay additional property taxes for infrastructure improvements. The PCIDs then use these funds to leverage additional funding and expedite critical transportation infrastructure and quality of life improvements for businesses, employees, residents and visitors in the Perimeter market. Through partnerships with the cities of Dunwoody, Sandy Springs, and Brookhaven, DeKalb and Fulton Counties and multiple state, local and federal officials and agencies, the PCIDs are amassing a significant track record of improvements that are transforming the Perimeter market.
Total PCIDs commitments to projects: $31.2 million
Total funds leveraged: $114.8 million
Total value transportation infrastructure improvements for Perimeter (1999-2013): $146 million
A Return on Investment of 4.7 to 1