Financial Update

2023 Expenses

General Administration

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 Projects

The NDD partnered with the City of Newark on Capital Projects to improve the overall streetscape of the entire Special Improvement District. These comprehensive projects incorporated decorative street furniture, signage, pedestrian-scale lighting, landscaping, trash receptacles, planters, tree-pits, and some curb and sidewalk improvements.

Marketing and Promotions

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’s mission also includes finding ways to attract new visitors and increase the quality of life for current residents by hosting events and programs for people of all ages. Marketing materials such as banners, collateral pieces, social media, and the NDD website all promote Newark events and businesses.

Operations

The NDD Operations budget includes our highly commended NDD Clean Ambassadors, the NDD Quality of Life (QOL) Ambassadors, NDD Horticulture Ambassadors, and the NDD Special Projects Ambassadors. In 2023, the NDD installed 10 beautiful parklets throughout the downtown. These four wooden and six pop-up parklets provided pedestrians beautiful spaces throughout the community. The Operations portion of the budget also includes a horticulture plan for seasonal plantings, irrigation, and other horticulture needs, as well as funding for the maintenance of the Gateways to Newark: Portraits mural and Capital Project streetscape elements.

Total Expenses: $8,335,000