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check them out!2023 BUDGET HEARING TO TAKE PLACE 2/13
NOTICE OF PUBLIC HEARING
DOWNTOWN SOMERVILLE ALLIANCE, INC.
2023 BUDGET
February 13, 2023 6:00PM
NOTICE IS HEREBY GIVEN that a HEARING on the 2023 BUDGET OF THE DOWNTOWN SOMERVILLE ALLIANCE will be held by the Board of Trustees of the Downtown Somerville Alliance on February 13, 2023. The meeting will start at 6:00PM in person at 50 division St, Set 501, Somerville, NJ 08876 OR via Zoom - a web-based video conference application.
Join Zoom Meeting
https://us02web.zoom.us/j/89941440813?pwd=Vk9wdFBRdTVRVUVndHRJYnBiM2srQT09
Meeting ID: 899 4144 0813
Passcode: 866011
2023 BUDGET SUMMARY
Income:
SID Assessment: $766,000
Projected Sponsorships: $40,000
Grants: $75,000
Fund Development: $20,000
Carry-over:
Operating: $50,000
TRUST: $20,000
Total Operating Capital: $971,000
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Projected Expenditures:
Debt Service: $40,000
Infrastructure Support and Service: $421,000
Events/Event Advertising: $112,000
Advertising, Marketing and Communication: $51,000
Economic Vitality: $56,500
Management: $207,000
Office Support: $63,600
Contingency: $19,000
Total Projected Expenditures: $971,000.00
Following the presentation explaining the 2023 budget, the public will be allowed to make comment. Should members of the public wish to submit questions in advance, they may be sent via email to npineiro@somervillenj.org.
For additional information please contact the Downtown Somerville Alliance at 908-524-0104 or via email at npineiro@somervillenj.org
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Come be a part of Somerset County’s Destination Downtown! Whether you are thinking about opening your first business, purchasing an existing business, opening a franchise, expanding your existing business, or a seasoned owner looking for another great location, we have a spot for you!
Somerville is the County Seat – making us a highly attractive destination with a skilled and savvy workforce. Downtown Somerville’s low vacancy rate helps to maintain a vibrant and thriving environment which draws people and businesses to town. Downtown Somerville is a made for walking! With plenty of parking, wide sidewalks, and beautiful shade trees - our Downtown offers both visibility and accessibility for your business. Our Annual Calendar of Events keeps us busy and will keep you busy too with year round exposure to thousands of customers!
But what really makes us special? The real story is the community which brings these assets alive and continues to attract thousands of visitors a year to explore and enjoy our town. There is an attractive energy that is unmistakable in Downtown Somerville. Come visit us and find out why Downtown Somerville is just what you are looking for.
Downtown Somerville is also has a career opportunity for a Program Coordinator:
Click here to view this available position
