$365,000 Downtown Improvement District Budget

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City Hall
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PATERSON, NJ - The city council has approved a $365,000 budget for the Downtown Paterson Special Improvement District.

Almost two-thirds of the money is earmarked for administrative expenses, including $110,000 for personnel, $60,000 for the district's manager, $59,000 for office operations and $12,5000 for fringe benefits.
The budget, approved by the council on December 21, also allocates $70,000 for marketing, $30,000 for special events and $15,000 for the parking/trolley program.
 
Money for the district budget comes from a property tax surcharge paid by property owners within the designated downtown area.
 

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