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SID Showdown Tomorrow Night!

The BBP sent this out yesterday to rally their supporters.  I encourage everyone with an opinion on the SID to come and speak.  (I might even have one or two things to say about about the subject.)


BBP newletter head
The public hearing on the 2013 Belmar Special Improvement District Budget will be Wednesday, May 15 at 6:00 p.m. in Council Chambers.  
   How will your business stand up to the continually growing threat of Internet sales, regional and national chains, regional and big box shopping malls, outlet centers, and the many other challenges facing independent businesses?!?! The Belmar Business Partnership was created to address these many challenges and assist you to succeed in spite of these potentially crushing threats. And it has helped many Belmar businesses both directly and indirectly.
   There will be a hearing on the 2013 budget for the Belmar Special Improvement District, which the Belmar Business Partnership (BBP) manages, this Wednesday, May 15, at 6:00 p.m. at Borough Hall. Before attending, take an opportunity to re-read, or read for the first time, the report of accomplishments the BBP brought about on behalf of you and your business. That report is available by clicking here.
   Typically, it takes three years for a Special Improvement District, working with a nominal budget, to bring about sufficient incremental changes that its value can be fairly gauged. The Belmar Business Improvement District has been operating for only two years. Yet in that time it has had to reduce its budget significantly twice or face the budget being disapproved by Council. The assessment portion of the 2011 budget was $168,000; $135,000 in 2012, and proposed at $118,700 for 2013.
   The 2013 budget is based on reducing the assessment for commercial properties outside of the core of downtown by 50 percent. This will be a separate action by Council once a budget is passed
   Special (also known as Business) Improvement Districts have made a significant difference for business districts/downtowns throughout New Jersey and the entire world. They continue to grow as a resource to help independent businesses succeed in the face of growing challenges. If you want to have the Belmar Business Partnership continue to work in your interest, we urge you to come and speak in favor of the 2013 budget at Wednesday’s hearing. Don’t assume that it will pass and not show up to speak in favor of the budget. Too frequently good things get defeated because the people in favor don’t show up to support it, while those against make a point of showing up in force.
Quick Links
Belmar Business Partnership
Sal Marchese,
PresidentKevin Jacobs,
Vice President
Belmar Business Partnership
708 Main Street
Belmar, NJ 07719
(732) 894-9022
fax (732) 894-9023

One Comment

  1. Tom Burke wrote:

    Thank you for posting this….yes indeed read what they say. In my opinion the accomplishments have been minimal. The administrative costs of the BBP account for almost 50% of their budget, and if you do the math you will see that the budget request is 2/3 of last years, and it is for the final 8 months of this year, which is also 2/3 of the year. So is there really a decrease in the budget?
    Yes, do come and be heard, and you will also hear me speak against the local SID. ( I happen to think the concept of a SID has some merit, but not the way it has evolved in our town).

    Tuesday, May 14, 2013 at 5:44 am | Permalink

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