The Sligo Champion

Sligo BID profit

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Sligo Business Improvemen­t District ( BID) reported a pre-tax surplus of 1,655 for the Financial Year ended 31st March 2018.

It received 362,080 from the BID l ev y, 7,000 from “other income/ sponsorshi­p, 30,000 from the Council for Christmas lights and 1,500 in rent.

Sligo BID spent over 150,000 on events, festivals and existing town initiati ves, over 18,000 on brand developmen­t and marketing, almost

10,000 on business attraction project/ trade fairs,¤ 14,000 on rent and 78,000 on project management, among other expenses.

Sligo BID was voted in for a period of fi ve years, until 2021 and is chaired by Finbarr Filan.

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