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2023 BIA Levy

At the November 07, 2022 regular public meeting, Moncton City Council received and indicated their intention to approve the 2023 Operating Budget of Downtown Moncton Centre-ville Inc.

REVENUE  
Special BIA Levy $ 929,049.00
Clean & Safe $   42,250.00
Development Initiatives $   37,135.00
Operating Expenses $     6,250.00
Total $1,017,584.00

 

EXPENSES  
Clean & Safe $ 142,500.00
Communications & Marketing $   83,000.00
Development Initiatives $ 297,684.00
Operating Expenses $ 177,500.00
Office Expenses $  40,000.00
Salaries & Benefits $ 262,000.00
Professional Fees $   15,000.00
Total $1,017,584.00

OBJECTIONS to said budget may be submitted in writing, to the City Clerk prior to 4:30 p.m. December 2, 2022, addressed to City Clerk's Office, 655 Main Street, City Hall, Moncton, N.B., E1C 1E8.  Public Hearing will be held Monday, December 5, 2022 at 4 pm 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 – 2022 Assessments as provided by the Department of Environment & Local Government.

 

Shelley M. Morton

City Clerk/Director of Legislative Support

 

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