PBID stands for Property-Based Improvement District which is a special assessment district created by California state law. Synonyms for PBID can include "business improvement district", "downtown development district", "special assessment district", or "property assessment district". These districts are created to provide additional funding for various services such as cleaning, safety, marketing, and beautification in specific areas where property owners agree to pay an additional assessment. PBIDs have been successful in various cities across the US in revitalizing districts, improving economic development and increasing property values. They are a valuable tool for property owners looking to invest in their community's success.