
{"id":5991,"date":"2009-05-28T07:01:28","date_gmt":"2009-05-28T15:01:28","guid":{"rendered":"http:\/\/www.carrborocitizen.com\/main\/?p=5991"},"modified":"2009-05-28T07:01:28","modified_gmt":"2009-05-28T15:01:28","slug":"chapel-hill-council-ready-to-vote-on-budget","status":"publish","type":"post","link":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/2009\/05\/28\/chapel-hill-council-ready-to-vote-on-budget\/","title":{"rendered":"Chapel Hill council ready to vote on budget"},"content":{"rendered":"<p><strong>By Rich Fowler<\/strong><br \/>\n<em>Staff Writer<\/em><\/p>\n<p>Chapel Hill officials are preparing the final round of touches on the town\u00e2\u20ac\u2122s budget with a lean fiscal year ahead to match the one that ends on June 30.<\/p>\n<p>Town council members reviewed the budget at a work session last week. Town Manager Roger Stancil has proposed a budget that would cut the property tax rate by almost 15 percent to 49.4 cents, down from last year\u00e2\u20ac\u2122s 58.1 cents, to reflect the changes in property tax valuations.<br \/>\n<!--more--><br \/>\n\u00e2\u20ac\u0153We don\u00e2\u20ac\u2122t have any money, and so there\u00e2\u20ac\u2122s not that much to talk about,\u00e2\u20ac\u009d Chapel Hill Mayor Kevin Foy said at sparsely attended hearing.<\/p>\n<p>Council members agreed to cancel the budget work session planned for June 3, and are expected to vote on the budget on June 8.<\/p>\n<p>Spending from the general fund, which covers basic government functions including police, fire, public works, parks and recreation and libraries, will only grow 0.3 percent over last year\u00e2\u20ac\u2122s budget, from $49.6 million to $49.7 million. General fund revenues are expected to fall by about $400,000 over last year to $46.6 million, leaving a deficit of about $3.1 million.<\/p>\n<p>Part of the deficit will be covered by $2 million the town saved last year by cutting back and saving money for this year\u00e2\u20ac\u2122s budget. <\/p>\n<p>And, the town will dip into its savings for about $1.1 million.<\/p>\n<p>Capital improvement projects will be limited to just under $750,000, compared to last year\u00e2\u20ac\u2122s $2.6 million. Projects include $300,000 for a new fiber optic network, $75,000 for playground replacement, $50,000 for greenways and $20,000 for cemetery beautification.<\/p>\n<p>Other budget highlights include $1 million in operating costs for the new aquatic center, $836,500 in contributions to social agencie and $400,000 for retiree health care. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Rich Fowler Staff Writer Chapel Hill officials are preparing the final round of touches on the town\u00e2\u20ac\u2122s budget with a lean fiscal year ahead to match the one that ends on June 30. Town council members reviewed the budget at a work session last week. Town Manager Roger Stancil has proposed a budget that&#8230;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5991","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/posts\/5991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/comments?post=5991"}],"version-history":[{"count":1,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/posts\/5991\/revisions"}],"predecessor-version":[{"id":5992,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/posts\/5991\/revisions\/5992"}],"wp:attachment":[{"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/media?parent=5991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/categories?post=5991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibiblio.org\/carrborocitizen\/main\/wp-json\/wp\/v2\/tags?post=5991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}