Dept./ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2024 Annual Budget for the Ironbound Business Improvement District Management Corporation (IBID) Purpose: Reading and Adopting the 2024 Ironbound Business Improvement District Budget. Amount: $1,255,000.00 Budget Period: January 1, 2024 through December 31, 2024 Additional Information: Budget Introduction authorized by Resolution 7R2-e adopted on March 20, 2024. Public Hearing to be held on Wednesday, April 24, 2024 at 6:30 P.M. in the Council Chamber.