Special Service Areas, known as Business Improvement Districts or BIDs in other cities, are local tax districts that fund expanded services and programs through a localized property tax levy within contiguous areas. The enhanced services and programs are in addition to those currently provided through the City of Chicago.
SSA #61 provides funding and leadership to address concerns of property and business owners in the abbreviated Hyde Park business district connected to Lake Park Ave between 53rd and 55th Street. SSA #61 seeks to keep Hyde Park an attractive place to work, play, invest, and do business.
Property tax revenue from the district is directed back to the neighborhood and is spent according to the annual SSA work plan. A Mayorally-appointed SSA #61 Commission, which is comprised of local property and business owners within the area, develops the work plan.
Special meetings were held on May 3 to approve the 2020 audit for submission to the City and on October 26 for a public discussion of the Equalized Assessed Value (EAV) changes. Due to the declared public health disaster caused by COVID-19, Commissioners primarily met via virtual video conference, with the exception of one meeting in 2021. Recordings of SSA61 meetings are available on YouTube.