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Morristown council adopts updated Special Improvement District ordinance after Partnership outlines $2.225M 2025 plan
Summary
The Town Council adopted an ordinance updating the Special Improvement District (SID) and heard a presentation from the Morristown Partnership proposing a $2,225,000 2025 SID budget that the Partnership says would shift the levy and expand program funding while lowering the assessment rate for most properties.
The Town Council of Morristown adopted an ordinance updating the Special Improvement District and heard from the Morristown Partnership on a proposed $2,225,000 SID budget at its public meeting on July 8, 2025.
The Partnership said the proposed 2025 budget would be funded roughly 70% by the SID levy and 30% by other program revenues, and that the updated Schedule A and ordinance changes are intended to align contributing properties with current tax classifications. “This modest increase from last year's $1,400,000 SID levy reflects our commitment to keeping Morristown vibrant,” said Jennifer Waring, executive director of the Morristown Partnership.
The ordinance update to the SID — described in the meeting as an update to ordinance O-42-93 and introduced as O-26-2025 — was presented to correct decades-old entries in Schedule A, align the district with current assessor data, and include…
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