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Red Bank River Center proposes $579,970 budget, says assessments fall on commercial properties
Summary
At a public hearing, the River Center presented a $579,970 2025 budget that officials said will not raise assessments on residents and prioritizes downtown beautification, programming and debt service for prior street improvements.
The Red Bank River Center on Tuesday presented its proposed 2025 budget of $579,970 at a borough council public hearing, saying the plan carries no assessment increase for residents and focuses spending on downtown beautification, programming and debt service for prior 2019 street improvements. "The proposed budget totals $579,970 and reflects no increase in the assessment levied on commercial properties within the district," the River Center presenter said.
The b…
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