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Downtown Guelph Business Association

The Downtown Guelph Business Association (DGBA) is considered a business improvement area (BIA), traditionally established by the municipality using the business improvement area provisions in the Municipal Act, 2001, and under this legislation is considered a local board of the municipality. Once a BIA is approved by municipal Council, businesses within the defined boundaries become members and pay the BIA levy in addition to their general City property taxes. The municipality collects BIA levies and then disbursed them to the DGBA Board for use in accordance with the approved budget.

The general functions of the BIA are to:

Promote the area as a business or shopping area.

Oversee the improvement, beautification and maintenance of municipally-owned land, buildings and structures in the area beyond what is provided at the expense of the municipality.

The DGBA services directly contributes to the goals of the Powering our Future priority by fostering downtown business innovation to support a thriving downtown Guelph.

2021 budget changes explanation

$3,330 or 0.5% increase in DGBA budget expenses in 2021 due to:

  • Increase in expenses primarily inflationary in nature.
  • No levy increases in 2021

Table 1, Downtown Guelph Business Association 2020 to 2024 revenue and expenses

Revenue

Revenue2020 Approved Budget2021 Recommended Budget2021 Budget Change $2021 Budget Change %2022 Forecasted Budget2023 Forecasted Budget2024 Forecasted Budget
Tax Levy Income(660,000)(660,000)00(693,396)(714,198)(735,624)
Tax Levy Adjustment10,00010,0000010,00010,00010,000
Total Tax Levy Income(650,000)(650,000)00(683,396)(704,198)(725,624)
Other Revenue(47,100)(49,080)(1,980)4.2(49,080)(49,080)(49,080)
Total Revenue(697,100)(699,080)(1,980).3(732,476)(753,278)(774,704)

Expenses

Expenses2020 Approved Budget2021 Recommended Budget2021 Budget Change $2021 Budget Change %2022 Forecasted Budget2023 Forecasted Budget2024 Forecasted Budget
Payroll Expenses284,270287,3003,0301.1327,510336,261349,759
Marketing & Promotion Expense100,36096,860(3,500)(3.5)99,360103,860105,860
Event Expenses55,79555,79500.055,79555,79555,795
Revitalization Expenses62,00062,00000.062,00067,00067,000
General & Admin Expenses149,525161,825(10,050)(6.7)142,475147,475148,475
Other Expenses43,50035,000(7,500)(17.2)36,00036,00041,000
Total Expense695,450698,78011,8801.7723,140746,391767,889

Net income

Net income2020 Approved Budget2021 Recommended Budget2021 Budget Change $2021 Budget Change %2022 Forecasted Budget2023 Forecasted Budget2024 Forecasted Budget
Net Income(1,650)(300)1,350(81.8)(9,336)(6,887)(6,815)