Financial Update
Total Revenue: $5,071,250
The NDD is a Special Improvement District (SID) that is funded through a special assessment paid by private and residential property owners. The Revenue portion of this budget is from those SID assessments, which are billed and collected by the city’s Tax Collection department and turned over to the NDD for operation management.
Expenses
General Administration
$1,708,934
The General Administration and Overhead portion of the budget includes typical corporate operating expenses: rent, utilities, insurance, computer equipment and supplies, accounting services, legal services, office supplies, telephone service, conferences, management and staff salaries, health benefits, and associated expenses.
Capital Improvement Project
$651,316
The NDD has partnered with the City of Newark in a Capital Project to improve the overall streetscape of the entire SID. This comprehensive project incorporates decorative street furniture, signage, pedestrian-scale lighting, landscaping, trash receptacles, planters, and tree pits.
Marketing and Promotions
$204,000
One of the primary goals of the NDD is to promote and reinforce the many advantages of living, working, and going to school in Newark. The NDD mission also includes finding ways to attract new visitors and increase the quality of life for current residents through events and programs. Marketing materials such as banners, collateral pieces, social media, and the NDD website all promote Newark events and businesses.
Operations
$2,507,000
The Operations portion of the NDD’s budget includes a Horticulture plan for seasonal plantings, irrigation, and other horticultural needs, as well as funding for the maintenance of the Capital Project Streetscape elements. It also includes the highly commended Clean Ambassadors, Quality of Life (QOL) Ambassadors, Horticulture Ambassadors, and Special Projects Ambassadors. In addition to their daily cleaning tasks, NDD Ambassadors also complete special projects such as painting, pruning, weeding, power washing of sidewalks/buildings, and snow/ice-removal, urban planning, and the Security Task Force.
Total Expenses: $5,071,250
Segway to Silver: Looking Ahead to 2023
The NDD is expanding!
As of January 1, 2023, the NDD is proud to be expanding its core services from Broad and Franklin Street, going south to the 1 & 9 Viaduct! Look for the friendly NDD Quality of Life Ambassadors and the NDD Ambassadors in yellow and black, providing pan & broom cleaning services.
As a special gift to celebrate our 25th Anniversary, look for this logo to get 25% off at participating downtown district businesses!
2023 marks 25 years of NDD services to Downtown Newark!
The NDD is turning 25 and it’s time to celebrate!
Throughout 2023 the Newark Downtown District will be celebrating the NDD’s Silver Anniversary with special events, savings, and recognition of the hard-working people who make our downtown sensational! Whether it’s your favorite neighborhood business or organization, the best barista, or a librarian who always helps you find what you’re looking for, we want to recognize what makes Downtown Newark special!
Thank You!
The Newark Downtown District team would like to extend a heartfelt “Thank You” to all of the downtown neighbors who have worked together to lift one another up and help each other out during the past year.