# The 2006 CCD Budget

Each year, the Center City District directly bills and collects assessments from properties within District boundaries. These revenues are used exclusively to fund the CCD's services and physical improvements within the District. Two-thirds of the CCD's revenues go to fulfilling our most basic mission to keep downtown streets clean, safe and attractive. The CCD also receives revenues from other sources, such as fee-for-service contracts, foundation grants and management agreements.

* The top 15 properties pay 29% of total program cost, with an average charge of $230,844.

* The top 200 properties pay 86% of total program cost, with an average charge of $51,208.

* The lowest annual charge is $1.04.

* The highest annual charge is $359,123.

* The typical Market Street West office building pays $157,947.

* The average hotel pays $53,830.

* The average Chestnut Street property pays $3,454.

* The average Walnut Street property pays $2,893.

* The average retail property pays $2,285.

* The average residential property charge is $185.

* In 2006, the CCD billed 2,518 properties, compared to 2,276 in 2005, an increase of 242 properties, nearly all of which are new residential condominiums within the boundaries of the District.

## WHERE THE MONEY COMES FROM

## WHERE THE MONEY GOES

2006 Operating Budget: $14,010,930