Timing, as they say, is everything. So perhaps Sylva leaders are correct to
put off, at least for a while, any plans to create a Municipal Service
District for the downtown area.
Mayor Brenda Oliver said the recent revaluation of real property in
Jackson County was among the most important reasons to hold off. That
revaluation meant a sizable tax increase for most property owners, and
many of those owners are still smarting over the hike.
An MSD is a special taxing district that generates additional revenue
through the imposition of an additional property tax. In towns that
have MSDs, like downtown Waynesville, the money goes right back into
the area where the tax is levied. It can pay for continued physical
improvements, promotions, extra attention from town staff, the salary
of a downtown director, or for whatever the town feels is needed.
Downtown Sylva is currently in the midst of a significant renaissance.
New businesses are finding it an attractive place to locate, and the
vacancy rate on Main Street is practically zero. Locals and tourists
alike can find something to do downtown. The relatively new director
of Sylva Partners in Renewal (the organization of downtown business
owners) seems to be well liked and appreciated. In all, it seems the
downtown area of Sylva is doing well.
But just as important as timing is momentum. Many of those involved
in SPIR have been there since the beginning. New support, in terms of
downtown area business people willing to give time and energy, is needed.
New blood is vital for a group that relies almost entirely on volunteer
support. Without the new volunteers, its not too hard to imagine
a day when SPIR will lose steam. Elections will occur, and new town
aldermen or county commissioners may not be as generous when asked to
support the group with cash contributions.
Thats why a regular source of income will, at some point, be necessary.
Were talking about a modest tax increase that wont be detrimental
to property owners but will create a vital flow of cash. Creating a
special downtown taxing district and continuously injecting new money,
new projects and new ideas into downtown Sylva is the best way to keep
it moving forward. Otherwise, the vagaries of politics may quickly kill
what many have worked long years to accomplish.