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No. Cb-74
Date of Adoption F'~c:ny q, xn>
APPROVING THE 2006 ANNUAL BUDGET OF THE CARTERET
BUSINESS PARTNERSHIP, INC.
WHEREAS, the Municipal Land Use Law, NJ5.A. 40:56-84 requires the
Carteret Business Partnership to submit a detailed annual budget to the Goveming
Body for approval; and
WHEREAS, on February 9, 2006, the Carteret Business Pa11nership, Inc. Board
of Directors approved the 2006 Annual Budget, which is annexed hereto as
"Exhibit A"; and
NOW, THEREFORE, BE IT RESOLVED that the Governing Body of tbe
Borough of Carteret hereby approves the 2006 Annual Budget of the Carteret
Business Partnership, Inc.
Adopted this 9th day of February, 2006
and certified as a true copy ofthe original
on February loth, 2006.
KATHLEENM. BARNEY, RMCICMC
Municipal Clerk
am
RECORD OF COUNCIL VOTE
COUNCILMAN ' YES NO NY A.B. COUNCILMAN YES NO NY A.B.
BELLINO X NAPLES X
DIAZ X RIOS v
KRUM X SITARZ v
X -Indicate Vote AB· Absent NV - Not Votir1g XQR - Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council ./ "b... n "nM
AdA /'
/\ 'J ~A./l.Ô-
/ , CLERK \~ /
Exhibit A
CARTERET BUSINESS PARTNERSHIP, INC.
2006 BUDGET
DESCRIPTION
APPROPRIATION
Special Improvement
District
Salaries
Salaries and Wages
Additional Police Patrols
Admin. Office
Capital Improvements
Micro-Loan Program
Marketing
Engineering
Legal
SID Streetscape Project
Total Budget 2006
REVENUE
Miscellaneous/Revenue
AMOUNT SID TAX
2006
Budaet
$8,00000
$100,000.00
$1,500.00
$50,000.00
$60,000.00
$20,000.00
$10,000.00
$2,000.00
$500.000.00
$751,500.00
-$1,00000
$750.500.00