The Millburn Township Committee created a Special Improvement District within the Township of Millburn and Designated a District Management Corporation by Ordinance 2561-20 adopted on August 11, 2020.
Funding for the SID is provided via a special assessment each year. The special assessment is based on the assessment used for property tax purposes. All properties used for commercial purposes in the SID are subject to the special assessment. If a property is mixed use (both residential and commercial), a percentage reduction is made so that only the commercial portion of the property is assessed for SID purposes.