NOTICE OF PUBLIC HEARING OF THE
CASINO REINVESTMENT DEVELOPMENT AUTHORITY
RELATING TO THE 2026 SPECIAL IMPROVEMENT DISTRICT CERTIFICATION OF THE ASSESSMENT ROLLS
PUBLIC NOTICE is hereby given that the Casino Reinvestment Development Authority ("CRDA") Special Improvement District Division Committee (the "Committee") will hold a public hearing at the following time and place to discuss the matter described below:
Date: Tuesday, February 17, 2026
Time: 1 p.m.
Location: Casino Reinvestment Development Authority
15 South Pennsylvania Avenue, Atlantic City, New Jersey 08401
Purpose: The purpose of the Committee's public hearing is to hear and consider any objections to the proposed special assessments for the Special Improvement District's 2026 budget year and to make recommendation(s) to CRDA's governing body.
In January 2026 each commercial property owner in the Tourism District was mailed a notice of the assessed value of their property and their respective SID assessment.
The assessment roll setting forth the special assessment on each relevant property within the Special Improvement District is available for review, please contact Laura Berrios via telephone at (609) 432-4028 or via email at lberrios@njcrda.com to schedule an appointment.
The proposed special assessment for the 2026 budget year is based on $38.00 per $100,000 of net assessed value. The proposed special assessment rate is the same rate assessed by the CRDA Special Improvement District for the 2025 budget year and remains unchanged since the CRDA established the Tourism District in 2011 and absorbed the SID.
The special assessment of the subject properties designated by Resolution 11-25 dated April 19, 2011, is estimated to generate net revenues in the amount of $1,183,874 toward the 2026 budget, with the balance of the budget funded by other CRDA revenues.
On November 5, 2025, the CRDA Special Improvement District Committee introduced the 2026 budget in the amount of $9,332,958, and the CRDA Member Board adopted the 2026 Special Improvement District Budget at its regular public meeting on December 16, 2025.
ALL PERSONS wishing to make a statement or comment on the 2026 assessment should appear personally or through an attorney or agent. The CRDA will also accept written testimony provided such testimony is delivered to the CRDA's offices at least two (2) business days prior to the date of the Hearing to the attention of Jane Fontana, 15 S. Pennsylvania Avenue, Atlantic City, NJ 08401.
At the conclusion of the public hearing on Tuesday, February 17, 2026, the Committee intends to make recommendations to the CRDA Member Board on the matters outlined above. The CRDA Member Board may act upon these recommendations at its regular public meeting scheduled on February 17, 2026, at 2:00 p.m.
Casino Reinvestment Development Authority
15 S. Pennsylvania Avenue
Atlantic City, NJ 08401
Eric Sheffler
Executive Director
February 2 2026
LNYS0445774
$60.06