The recommended budget for the town of Carrboro has the town increasing its commitment to non-profit organizations and affordable housing.

To go along with money already allocated to organizations such as El Centro Hispano and the Community Home Trust, Carrboro is increasing its Human Services Grants from a total of $220,000  this year to $250,000 next year.

The money was divided between 52 non-profits for the 2015-2016 budget and mayor Lydia Lavelle said the increase in the grant budget is one of the things she is most proud of.

“Really I’m so proud of our commitment to increase it every year,” she said. “It’s almost like two dollars for every dollar because we’re giving it to groups that really know how to spend it.”

The town is also looking at investing more into affordable housing. The current Affordable Housing Fund has an estimated $176,000 in it.

There is also an additional $500,000 from the sale of an office condominium. Town manager David Andrews said the town is still trying to figure out how to fund the program in the future.

“We don’t have a long-term sustainable funding plan yet,” he said. “But we’ve got the equivalent of $500,000, which is the proceeds from the sale of the condo.”

Andrews said the town will most likely not use all of the money in the fund this year while they figure out a plan for the future.

“I’ve always said if you spend $200,000 a year, you’ve got a little over three years of supply in there,” he said. “We can figure out the long term funding source in the future as we move forward.”

The total budget for the town of Carrboro will be around $31.6 million.

The Board of Aldermen will have a work session on the budget May 10 and a public hearing May 17.

If needed, there will be a second work session May 24 before adoption June 21.

Related Stories
‹
Chapel Hill-Carrboro Icons Howard and Lillian Lee, Braxton Foushee Granted Statewide Honor
Three groundbreaking Black local leaders saw their years of service awarded by being inducted into the Order of The Long Leaf Pine
Towns of Carrboro and Chapel Hill Honor 50 Years of Cat's Cradle
The Carrboro Board of Aldermen’s chambers were crowded with local musicians and members of the local music community to see the board pass a joint resolution with the Town of Chapel Hill to honor and celebrate the music venue Cat’s Cradle last week. The resolution declared 2019 the ‘Year of the Cradle,’ an idea brought […]
Carrboro Board of Aldermen Changes Title to Town Council
Carrboro’s Board of Aldermen passed a resolution to change its title to Town Council at its meeting on Tuesday November 19.*** After being known as the Board of Aldermen for 50 years, the elected officials for Carrboro’s governing board are slated to change its name at their Tuesday meeting to a more inclusive title. […]
The ArtsCenter Holding Carrboro Community Meetings About Potential Move
The ArtsCenter has been in the heart of Carrboro since its founding in 1974. It was housed in the same building as Armadillo Grill and then Carr Mill Mall before settling in the 300 building on East Main Street, where it’s been since the mid-1980s. As the art education and entertainment non-profit prepares to move […]
Carrboro Board of Aldermen Vote to Move Ahead Lloyd Farm Development
The Carrboro Board of Aldermen recently heard updates on the development planned for the Lloyd Farm property and approved a conditional use permit for the initial phase of construction. The developers are preparing to begin work on Phase 1 of transforming the 35-acre plot into the Shops at Lloyds Farm, located off Fayettville Road and […]
NC 54 Corridor Study Presented to Carrboro's Board of Aldermen
Carrboro’s Board of Aldermen recently heard a presentation about a study done on the NC 54 West Corridor between Carrboro and Graham. The study, which was funded by the local Metropolitan Planning Organization, focused on the stretch of NC 54 starting in Graham and moving east to Carrboro’s West Main Street. It stemmed from a […]
INDY Week Releases Endorsements for Local Elections
The alternative weekly newspaper INDY Week released their endorsements for the Orange County municipal elections on Tuesday evening. In the Chapel Hill mayoral race, the paper endorsed mayoral candidate and incumbent Pam Hemminger, citing her work securing the affordable housing bond in 2018 and her prioritization of combating climate change as main reasons it is […]
Endorsements Continue as Local Elections Approach in Chapel Hill, Carrboro
Candidates in the upcoming Chapel Hill and Carrboro municipal elections received endorsements from the NEXT Chapel Hill & Carrboro advocacy group. NEXT, which describes itself as a group that supports progressive values in the two towns, shared the candidates the group supports in the 2019 election races on Monday. It said it evaluated candidates based […]
Construction on New Carrboro Roundabout To Begin in August
A major road project thought to be delayed is set to begin construction in Carrboro, just weeks before students are moving back to the area for the fall semester. The town announced Tuesday that the construction on the Estes Drive/North Greensboro Street roundabout would begin on August 5. Construction of a roundabout on South Greensboro […]
Halfway Through 2019 Election Filing Period, Orange County Races Taking Shape
There's still one week left to go in the filing period for this year's municipal elections, but there's already a crowded field of candidates.
›