The 2023 budget of $1,215,000 is summarized as follows

PROGRAM – $887,125.00

Business Development & Planning ($112,000): Planning and development of business development capability efforts, parking, arts center, market research, and Peter Francisco Park improvements.

Public Relations & Advertising & Promotions ($208,000): Promote and market the district as a premier destination to shop and conduct business. Support the NewarkBound magazine. Advertisement, newsletters, articles, website and social media, and communications including Wi Fi, marketing. Planning, sponsorship, or co-sponsorship of numerous events, ethnic, arts, and business oriented festivals and parades including but not limited to: Ironbound Unbound, publications, Multicultural Festival, Day of Portugal Festival, Halloween Parade, Poetry Month, and other special events.

Quality of Life and Safe & Clean Program ($567,125): Sidewalk and environmental cleaning services. Graffiti removal, vendor support and monitoring, liaison with Newark Police and Fire Depts., tunnel painting and maintenance, landscaping, sign removal, code violations monitoring support, community safety programming.

ADMINISTRATION – $327,875.00 Administration ($216,500): Administrative personnel, support staff, management services.

General Administration ($111,375): Certified accountant, bookkeeper, auditor, legal services, office and computer supplies and equipment, rent, insurances, postage, Internet and telephone services, repairs, fees, dues training, payroll expense and subscriptions.