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Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
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Town of Chapel Hill RecommendedBudget FY2015-16
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
FY16 is the 2nd year of our two-
year Goal-setting Cycle
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
• Bike/Ped Safety Team
• Infrastructure funded in Referendum
Bike & Pedestrian Safety11
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
• Fund is balanced without use of fund balance
• Changes to certain parking fees
• Use of excess On-street revenues to support Off-street operations
Parking Fund Balanced10
Sales Tax Revenue Growth
-$1,000,000
-$800,000
-$600,000
-$400,000
-$200,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16*
($724,613)
$176,445
($268,477)
Change from Prior Year
$ 163,556
+1.7%
-7.4%
-3.0%
+2.0%+2.9%
$824,491
+9.2%
$283,275
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
$486,751
+4.9%
+7.8%+6.0
$828,752
$682,614
* Budget Estimate
9
Operating Budget funding for affordable
housing programs
Affordable Housing Initiatives8
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
Employee Costs
Split salary adjustment•2% July &•2% January
7
$800,000 Budgeted for Bus Lease Program
Transit Sustainability6
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
Impact of Development
492% increase from 2011
5
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
Budget Status
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
Fee Change Highlights
• Fire– NEW: Fire Inspection Fees by state mandate
• Storm water– ADJ: Increase $1.40 per ERU
• Planning– ADJ: Increase form district permit fees– ADJ: Increase development agreement fees
• Parks & Recreation– ADJ: Increase field rental rates to market
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Capital Investment Plan3
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
2015 Bond Referendum
Streets & Sidewalks $ 16,200,000Trails & Greenways 5,000,000Recreation Facilities 8,000,000Solid Waste Facility 5,200,000Stormwater Improvements 5,900,000
Total $ 40,300,000
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
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Budget Status
Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org
No Change in Property Tax Rates
No Tax Increase
FY2011-12 FY2012-13 FY2013-14 FY2014-15 FY2015-16
General Fund 37.8 37.8 38.8 38.8 38.8Debt Fund 7.5 7.5 7.5 8.5 8.5
Transit 4.1 4.1 5.1 5.1 5.1
Total 49.4 49.4 51.4 52.4 52.4
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Additional Information on the Town’s Budget can be found on our web-site
