Main Street Fort Smith proposes plan to partner with CBID on grants specialist

Members of the Central Business Improvement District (CBID) are considering a plan proposed by Main Street Fort Smith^[1] to hire a grants specialist to help with funding for projects and programs that meet the mission of both groups.

Main Street Fort Smith Executive Director Amanda Hagar outlined the plan Thursday (Sept. 18) during a monthly CBID meeting. The push for such a plan began during the CBID’s August meeting when commission members talked about the need for a full-time person^[2]. Commission Chair Bill Hanna said in August there is a need “to get some momentum going” and build upon ongoing CBID actions.

The CBID, a semi autonomous governing body, has in recent years become more active in efforts to enhance downtown Fort Smith and work with groups engaged in promoting and developing the downtown area.

Hagar’s plan would have the CBID pay $26,328 to support a person with a salary and benefits package of $42,880. Main Street Fort Smith would pick up the remainder of the cost.

The downtown growth and grants specialist would help both organizations in five key areas: business growth support, securing grants and other funding, manage projects, work with other downtown stakeholders, and track the impact of projects and programs. Main Street Fort Smith would manage and provide office space for the person.

“This approach ensures CBID has consistent professional attention on its goals while maximizing resources by aligning with Main Street Fort Smith’s existing expertise, resources (databases, office space, etc.) and shared mission,” Hagar wrote in the plan submitted to the CBID. “With focused attention on business growth, funding opportunities, and project execution, we can accelerate revitalization efforts where they matter most.”

After several questions about the structure, shared costs, and timelines, CBID members agreed to review the plan proposed by Hagar and consider it during the October CBID meeting. CBID members appeared amenable to the plan, but wanted more time to think about it.

The CBID also on Thursday approved its 2026 budget, which projects $291,975 in revenue – primarily from an 8 mil assessment on property in the CBID – and expenses of $646,100. The shortfall would be covered from a beginning fund balance of $360,616. Acting Fort Smith Administrator Jeff Dingman, who works with the CBID, said 2026 expense items won’t likely be fully spent.

“Much of what is budgeted likely won’t be spent and will create a carryover fund balance for the following year,” Dingman said.

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