Special Rating Area
What is an SRA?
A SRA is a clearly defined geographical area in which property owners pay additional property rates to fund “top up” municipal services to improve or upgrade that specific area. SRAs can be commercial, industrial, residential or a combination of any of these and are known as Improvement Districts, City Improvement Districts, Business Improvement Districts, or Community Improvement Districts.
"Top up" services typically include:
-additional public safety;
-upgrading of the environment; and
(both of these documents can be discussed with any Courtrai commitee member)