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Newark Alliance budget discussion highlights accounting challenges after merger; council told separate budgets and audits will continue
Summary
Evan Weiss, CEO of Newark Alliance, explained at-length why the 2025 budget arrived late following mergers of tourism and downtown-district functions and said separate accounting and audits for the Downtown District and the tourism improvement district will continue.
Council members questioned why the Newark Alliance’s 2025 budget packet was submitted in October. Evan Weiss, identified as chief executive officer of Newark Alliance, told the council the delay stemmed from accounting complexities after the organization assumed responsibilities previously held by separate entities, including the dissolved visitors bureau and the Downtown District.
Weiss said the Alliance must…
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