The Watertown Business Improvement District (WBID) is entirely funded by a $2.00 occupancy tax collected exclusively by hotels within the district. The primary objective and mission of the WBID is to increase hotel room nights to collect the tax. This is to be obtained through the promotion and marketing of events and activities that utilize hotel room nights within the WBID. It is the goal of the WBID to help fund those groups in the startup phase of new events to increase overall attendance.