Recap - Budget General Assembly (BGA) 2025

04 October 2024 Photo album

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On September 25, the SDC District Central held its 2025 BGA, an important annual event for the organization. SDC members have the privilege of voting on the annual budget proposed by their peers on the Board of Directors.
Here are the highlights:

The SDC's latest impact report shows that results are very good and that strategies are working to develop the territory and its businesses;

Laetitia Bedout (center) explains the budget highlights

To explain the 2025 budget, SDC treasurer Laetitia Bedout explained the variances with the 2024 forecasts;
The largest variance is explained by revenues and expenses from the Fonds signature métropole for the deployment of phase 3 of the Plan d'interventions Signature du District Central;
800,000 will come from public funds (grants);
Membership dues have been stable since 2020, but will increase in a reasonable manner in 2025:
- Minimum floor: from $75 to $86.47 for small premises
- Maximum ceiling: $900 to $1037.70 for large surface areas
The SDC is working on a number of financial levers to ensure the scope and sustainability of its actions, including increasing the financial participation of property owners;
The members of the assembly finally adopted an operating budget of $2,018,855.14.

To raise the profile of the Central District's business hubs, this year the SDC joined forces with the M.A.D. Festival, fashion, art and entertainment, last August.

2024 highlights

Board Chair Delia De Gasperis took the opportunity to review the 2024 highlights achieved to date. These included

A 3-year, $1 million grant from the Fonds signature métropole.
The participation of District Central and the showcasing of local designers in a photo exhibition at the M.A.D. Festival.
The creation of two new murals on the territory
The 250 business connections through the Connector of Opportunities project
The new discovery breakfast meetings to welcome businesses to the neighborhood
The mobilization around the Special Urban Planning Program (PPU) for District Central

2025 Projects

Major projects will continue to be launched in 2025. These include:

Launch of the communication platform for businesses
Deployment of phase 3 of District Central's Signature Action Plan
The return of La Prairie Louvain and District Central's ephemeral space, Esplanade Louvain
Networking events for businesses

Networking
The BGA was followed by an opportunity to network with the businesses in attendance. Enhanced by delicious pizzas from Restaurant Giulietta at Marché Central, this was a great opportunity to network with the District Central business community.

The President of the Board of Directors, Delia De Gasperis, commended the professionalism and dedication of the SDC team, who approached each project with seriousness and commitment, playing a key role in the development of District Central.

THANK YOU!

The Board of Directors would like to thank you for sharing in our ambitions to breathe new life into our legendary district, raise its profile and propel it to the top of the Montreal business scene!