Business

Businesses in Georgetown want change in BID

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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.

https://www.washingtonpost.com/dc-md-va/2021/11/26/georgetown-bid-comes-under-fire/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business Businesses in Georgetown want change in BID

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