Chapel Hill passes budget
Posted June 7, 2010 9:44 p.m. EDT
Updated June 7, 2010 9:49 p.m. EDT
Chapel Hill, N.C. — Chapel Hill leaders on Monday night adopted the town's nearly $90 million budget.
Officials said tax amounts will remain the same as last year. For the owner of a home valued at $300,000, annual property taxes total $1,482.
The total amount Chapel Hill residents pay in property taxes also depends on the actions of the Board of Orange County Commissioners, which sets the county tax rate and the special schools tax for Chapel Hill-Carrboro City Schools.
The budget is a 5.6 percent increase over last year’s budget.
Highlights of the budget include:
- No layoffs, no furloughs for city employees
- $453,204 for one-time salary adjustment for city employees
- $140,000 for Parks Master Plan
- $60,000 for increase in funding parks maintenance
- $20,250 for the Chapel Hill Museum
- $217,000 for development review software project
- $367,966 for on-site health care facility and wellness initiative
Chapel Hill is one of the most expensive places to live in the Triangle.