Businesses in Georgetown want change in BID

Georgetown BID operates with over $5.2 million in annual sales, according to Annual Report 2020. It employs 15 people, including longtime BID president and chief executive Joseph Sternlieb, whose salary amounts to $245,000, according to fiscal 2018 tax returns made public. In addition to staff expansion, BID also increases wages for cleaning crews to a living wage, for the period 2020-24. 5 Year Renewal Plan. Salaries accounted for about $1.5 million a year in fiscal 2019, or about 29 percent of its budget.