Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2025 Annual Budget for Bloomfield Avenue - Lower Broadway Business Improvement District (BALB) Purpose: Reading and Adopting the 2025 Annual Budget for Bloomfield Avenue - Lower Broadway Business Improvement District Amount: $448,000.00 Budget Period: January 1, 2025 through December 31, 2025 Additional Information: Budget Introduction authorized by Resolution 7R2-c adopted on March 5, 2025. Public Hearing will be held on Wednesday, April 16, 2025, at 6:30 P.M.