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Red Bank River Center presents $579,970 2025 assessment budget; council hears priorities
Summary
Red Bank River Center executive director Marin Bennett presented a $579,970 assessment budget for 2025, saying the plan keeps commercial assessments flat while funding downtown programming, streetscape debt service and new green and arts initiatives.
Marin Bennett, the new executive director of the Red Bank River Center, presented the special improvement district’s 2025 assessment budget to the council, saying the plan holds commercial assessments steady while prioritizing programming, public art and infrastructure support. “This year’s budget reflects no increase in the assessment on commercial properties,” Bennett said during the presentation.
The River Center’s assessment budget totals $579,970 and covers ongoing operations, debt service for the 2019 streetscape enhancements and…
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