Are all SIDs the same?

No, all SIDs are not the same. Typically, an SID is initiated by stakeholders (business/ property owners) with the support of the local community and in partnership with municipal government to address the unique needs of that business district. The structure of an SID (goals, membership, Officers, district boundaries, conduct of business, etc.) can vary in both the City Ordinance creating it and organization By-Laws. The most common difference among SID is of course – funding. Budgets vary according to funding sources such as SID tax assessments, grants, and private investments. Compared together, New Jersey SID budgets range from only a few thousand up to a few million dollars.