55-26 Downtown W.O. Alliance Budget Documents 2.19.26.pdf

Below, please find the Downtown West Orange Alliance Special improvement District's Budget for 2026. Notice of the budget hearing to be held during the regularly scheduled council meeting on March 24, 2026, Please email Downtown@WestOrange.org for more information or questions. Thank You. REVENUE ‘Projected 2026 SID Assessments] $ 150,000.00 Township Contribution Cash] $ 67,809.00 Township Contribution In-Kind] $ 28,000.00 Funds Carried Forward | $ 5,000.00 Fall Fundraiser| $ 5,000.00 Fundraising (Promotional Events)| $ 20,000.00 Additional Support Twp of West Orange] $ - Transformation Stragies NJ Grant | $ 72,189.00 Interest Income! S$ 300.00 "Total Revenue] $ 348,298.00 Township Contribution In-Kind! $ (28,000.00) “"Fotal Revenue without In-Kind|'$ *320,298:00 "EXPENSES Projected 2026 Total Office Operations] $ 119,100.00 Total In Kind| $ 28,000.00 Economic Development | $ 4,000.00 Insurance & Professional Services| $ 15,400.00 Marketing & Promotions] $ 75,198.00 Organization] $ 6,600.00 Visual Improvement $ 100,000.00 =) Jotal Expenses] $ 348,298.00 In-Kind | $ {28,000.00) ~ Total Expenses|$ 320,298.00