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MO
Sedalia Community Improvement District Financing
Sedalia may support Community Improvement Districts that finance eligible public improvements and services for business or development districts.
About this program
The City of Sedalia may use Community Improvement Districts as a local economic development financing tool for eligible public improvements, services, maintenance, infrastructure, marketing, and district-support activities. A CID can generate revenue through approved taxes or assessments to fund improvements that benefit properties and businesses within the district.
Eligibility
Property owners, businesses, developers, and district petitioners seeking eligible improvements or services in a proposed Sedalia Community Improvement District may pursue CID financing.
Requirements
- Proposed district must be located in Sedalia.
- District must be created and governed under Missouri CID law.
- Funds must support eligible public improvements, services, maintenance, or economic development purposes.