Carrboro Town Council receives financial report and discusses stormwater assistance –

of Carrboro City Council Tuesday night’s meeting discussed the annual comprehensive financial report, a draft of a new residential stormwater assistance program, and a proposal to expand water and wastewater service boundaries. This was a first for new council members Katherine Frey and Jason Merrill.

what’s new?

• mayor of carrboro barbara fusey issued three declarations: What to recognizeInternational Holocaust Remembrance Day,the other one is National Mentoring Month and The third is National Racial Healing Day.
• interim town manager marie parker introduced Brett Green Carrboro’s new finance director.
  • “I look forward to bringing a new perspective to the town’s finances and building on the successes you all have contributed to,” Green said.
• chad cookDirector of accounting consulting firm Forvis, presented Annual financial report and audit of town finances for fiscal year 2023.
  • I saw the city Increased availability Approximately 30% of the funds will be invested from fiscal 2022.
  • The town’s largest source of revenue is property taxes, which increased by 1.6% from 2022.
    • “There was no change.” Fixed asset tax The increase in revenue during 2023 is precisely related to the increase in valuation. ” Cook said.
• Rainwater business manager randy dodd presented a proposal Towards a new design for the town’s residential stormwater assistance program.
  • dodd explained the outline of the job The town has completed the study since it was approved in 2020. Stormwater Advisory Committee We plan to follow up on recommendations from the study findings.
  • Dodd’s team took command. 50 site ratings We conducted the survey during the first few months of 2023 and collected survey data from residents at each site.
  • to A new design drafted by town staff will be implemented in late 2023., Dodd asked. Increase Carrboro stormwater rates by 10% to cover cost-sharing efforts. This increase also allocates funding for additional staff to work specifically for this program.
• Town Development Manager trish mcguire Possible changes to water and wastewater service boundaries in the Chapel Hill jurisdiction were presented.
  • chapel hill city council I have agreed to this extension It filed a resolution in November 2023 and sent the resolution to other municipalities participating in the agreement, including Carrboro, for approval.
  • City Councilman Randy Haven-O’Donnell she said she was worried Regarding whether new parcels of land that can be developed through water and sewer boundary expansions will be used to build affordable housing.
    • “We’re talking about having lots that qualify for affordable housing. I know this may sound incredibly simple, but a guarantee that this will be affordable housing. What is it?” she said.