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Pompton Lakes introduces $339,100 business improvement district budget; public hearing set for May 14
Summary
The Pompton Lakes Borough Council introduced the Compton Lakes (Business Improvement District) estimated 2025 budget of $339,100. Council members voted to introduce the budget; a public hearing is scheduled for May 14 at 7:30 p.m.
The Pompton Lakes Borough Council on April 9 introduced the Compton Lakes Business Improvement District (BID) estimated annual budget of $339,100 for the 2025 fiscal year and set a public hearing for Wednesday, May 14 at 7:30 p.m. at the municipal building.
Council members and BID representatives said the budget is funded by assessments on downtown business property owners rather than general borough property taxes. Sue (BID…
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