Town of Chapel Hill header
File #: [24-0278]    Version: 1 Name:
Type: Discussion Item Status: Agenda Ready
File created: 5/6/2024 In control: Town Council
On agenda: 5/15/2024 Final action:
Title: Open the Public Hearing: Recommended Budget for FY 2024-2025.
Attachments: 1. Chamber of Commerce Tax Impact, 2. Pay Analysis with Market, 3. Manager's Recommended Budget Presentation, 4. Staff Presentation
Related files: [24-0065], [24-0070], [24-0119], [24-0196], [24-0197], [24-0229], [24-0231], [24-0254]

 

 

title

Open the Public Hearing: Recommended Budget for FY 2024-2025.

body

 

Staff:

Department:

Chris Blue, Town Manager

Manager’s Office

Amy Oland, Director

Business Management

 

The FY 2024-25 Manager’s Recommended Budget includes an increase of 2 cents for a combined property tax rate of 59.2 cents per $100 of assessed value.

 

The Recommended budget for 2024-25 recognizes Council’s most important goals and invests in strategic initiatives to achieve those objectives.  We look forward to working with Council to continue offering the core services our residents expect.

 

We will return to Council at the May 15 public hearing to receive additional feedback from Council and the community.

 

end

 

The Agenda will reflect the text below and/or the motion text will be used during the meeting.

 

presenter

PRESENTER: Chris Blue, Town Manager

 

a.                     Introduction by the Manager

b.                     Comments from the public

c.                     Comments from the Mayor and Town Council

d.                     Motion to close the Public Hearing

e.                     Consider enacting the Ordinance on June 5, 2024.

 

RECOMMENDATION:  That the Council receive public comment regarding the recommended budget. See <https://www.townofchapelhill.org/government/departments-services/business-management/budget/2024-2025-budget-development>