Dept./ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2023 Annual Budget for the Ironbound Business Improvement District Management Corporation (IBID) Purpose: Reading and Adopting the 2023 Ironbound Business Improvement District Budget Amount: $1,215,000.00 Budget Period: January 1, 2023 through December 31, 2023 Additional Information: Budget Introduction authorized by Resolution 7R2-d adopted on March 1, 2023. Public Hearing to be held on Wednesday, April 19, 2023 at 6:30 P.M.