Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2026 Annual Budget for the Partnership West, Inc., (West Ward Business Improvement District)
Purpose: Reading and Adopting 2026 Annual Budget of the West Ward Special Improvement District known as Partnership West, Inc.
Amount: $547,100.00
Budget Period: January 1, 2026 through December 31, 2026
Additional Information:
Budget Introduction authorized by Resolution 7R2-j adopted on April 1, 2026.
Public Hearing to be held on Wednesday, May 6, 2026 at 12:30 P.M.
body
WHEREAS, on April 1, 2026, the Municipal Council adopted Resolution 7R2-j, which introduced and approved the proposed budget of the Partnership West, Inc., (the "West Ward Special Improvement District") for the fiscal year 2026, January 1, 2026 through December 31, 2026 ("FY 2026"), in the amount of Five Hundred Forty-Seven Thousand One Hundred Dollars and Zero Cents ($547,100.00), of which Five Hundred Twenty-Five Thousand Dollars and Zero Cents ($525,000.00) of the Budget shall be supported by the special assessments and Twenty-Two Thousand One Hundred Dollars and Zero Cents ($22,100.00) shall be obtained through Partnership West, Inc. fundraising; and
WHEREAS, the Department of Economic and Housing Development publicly advertised the proposed budget for the West Ward Special Improvement District for FY 2026 and the time and place for the May 6, 2026, hearing in the Star Ledger on April 26, 2026, which date represents at least ten (10) days prior to the hearing date of May 6, 2026, as required by N.J.S.A. 40:56-84(d); and
WHEREAS, on Wednesday, May 6, 2026, the hearing date represents no less than twenty-eight (28) days from April 1, 2026, the date of the approved budget, as required by N.J.S.A. 40:56-84(e); and
WHEREAS, the Department of Economic and Housing Development posted the budget for the West Ward Special Improveme...
Click here for full text