Town of Carrboro
301 W. Main St., Carrboro,
NC 27510
Subject: Fiscal Year 2024-25 Budget Amendment #2 Agenda Date: 02/18/2025
Attachment(s): Year-to-Date Budget Summary Department: Finance
Title
Fiscal Year 2024-25 Budget Amendment #2
PURPOSE: To approve budget, grant, and capital project ordinance amendments for Fiscal Year 2024-25 (FY 2025).
end
Department
DEPARTMENT: Finance
end
Information
BACKGROUND:
Fire & Rescue
1. Pursuant to interlocal agreement, the Town of Carrboro is partnering with the County and neighboring municipalities on the development of a comprehensive plan outlining emergency operations for each town and the County. This amendment authorizes an increase to the General Fund budget in the amount of $30,000 through an appropriation of fund balance for the purposes of funding the Town's contribution toward the provision of services related to a comprehensive emergency operations plan.
Housing & Community Services
1. This amendment updates a miscalculation of the fee for Payment in Lieu for Affordable Housing which appears in the Approved Fee Schedule. The corrected amount is calculated at $54,317, with no budgetary impact anticipated in the current Fiscal Year.
Planning, Zoning, and Inspections
1. The Planning, Zoning, and Inspections (PZI) department presented to Council on January 14, 2025 in the Reimaging Weaver Street Work Session. As follow up to this meeting, PZI is recommending the Town conduct a capacity study and analysis. This amendment increases the General Fund budget by $50,000 through an appropriation of fund balance for the purposes of funding the study and analysis.
2. The Town of Carrboro is partnering with Durham Chapel Hill Carrboro Metropolitan Planning Organization (DCHC MPO) to determine the feasibility of converting roughly 10.8 miles of the J Branch rail line to a multimodal/multi-use trail, to provide alternatives to single occupancy car trips for commuters, opportunities for recreation, and t...
Click here for full text