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2020 BIA Levy

At the December 2, 2019 regular public meeting, Moncton City Council received and indicated their intention to approve the 2020 Operating Budget of Downtown Moncton Centre-ville Inc.

REVENUE  
Special BIA Levy $825,991.00
Clean & Safe $  42,250.00
Development Initiatives $  28,340.00
Operating Expenses $    9,250.00
Total $908,831.00

 

EXPENSES  
Clean & Safe $142,500.00
Communications & Marketing $ 63,000.00
Development Initiatives $249,831.00
Operating Expenses $156,000.00
Office Expenses $ 40,000.00
Salaries & Benefits $242,500.00
Professional Fees $  15,000.00
Total $908,831.00

OBJECTIONS to said budget may be submitted, in writing, to the City Clerk prior to 4:30 p.m. December 13, 2019, addressed to City Clerk’s Office, 655 Main Street, City Hall, Moncton, N. B., E1C 1E8.  Public Hearing will be held Monday, December 16, 2019 at 4 p.mm in Council Chambers, 655 Main Street, Moncton, NB.

The extent of the Levy needed to implement this budget is calculated to be 0.16/$100.00 of Assessment based upon provided data – 2020 Assessments as provided by the Department of Environment & Local Government.

 

Barbara A. Quigley

City Clerk/Director of Legislative Support

 

*Inserted as per the statutory Requirements of the Business Improvement Areas Act, S.N.B.