Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2017 Annual Budget for Newark Downtown Special Improvement District (Downtown SID) Purpose: Introducing and Approving 2017 Downtown SID Budget Amount: $4,221,960.00 Budget Period: January 1, 2017 through December 31, 2017 Additional Information: Ordinance 6PSF-c February 20, 2013 repealed Ordinance 6S&Fe adopted September 2, 1998 created an expanded Downtown SID and changed regulations for the operations of the Downtown SID.