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Morristown Partnership outlines $2.17 million 2026 operating budget, keeps SID levy at $1.55 million
Summary
Jennifer Wearing presented the Morristown Partnership’s proposed 2026 operating budget of about $2.17 million, maintaining the SID levy at $1.55 million and relying on roughly 29% non-assessment revenue to support marketing, maintenance and events.
Jennifer Wearing, executive director of the Morristown Partnership, presented the organization’s proposed 2026 operating budget to the Morristown Town Council on June 9, saying the plan “totals approximately 2.17 million and maintains the SID levy at 1.55 million.”
The budget, approved by the Partnership’s Board of Trustees in May, is about 2% lower than last year but preserves funding for downtown maintenance, marketing and public-safety initiatives, Wearing said. She told the council that roughly 29% of the partnership’s revenue for 2026 is expected to come from non-assessment sources such as sponsorships, participation fees and earned revenue.
Wearing outlined how the proposed spending breaks down: about 37% of expenditures are slated for marketing and promotions (signature events, holiday decor and the gift-certificate program), roughly 16% for built-environment work (maintenance, decorative lighting and sidewalk washing) and about 8% for capital investments. She said the partnership maintains approximately $300,000 in reserves and is not adding new organizational debt as part of the budget.
The presentation listed recent accomplishments the partnership says strengthen downtown activity: completion of a multi-year SID ordinance update, expanded pressure-washing (about 5.3 miles of sidewalks), support for more than 20 business openings and an anticipated Morristown Farmers Market season with 37 vendors. Wearing also announced “Match Day Morristown,” a public viewing event for the FIFA World Cup scheduled for June 19.
Council members asked few questions during the presentation and thanked Wearing for the overview. Wearing invited council members and the public to take the partnership’s survey and said she would be available to answer follow-up questions after the meeting.
The partnership’s operating budget was presented for the council’s review; no formal adoption of the SID budget was recorded at this meeting.
