Carrboro Town Council Set to Adopt FY2025 Budget on Tuesday ...Middle East

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Carrboro Town Council Set to Adopt FY2025 Budget on Tuesday
The Carrboro Town Council will hold a public hearing and vote on the town’s Fiscal Year 2025 (FY25) budget on Tuesday, June 18. During their most recent meeting on June 4, Finance Director Bret Greene highlighted the recommended budget’s key points.  The total recommended budget includes $68.3 million across all funds, a 15.8% decrease compared to last year. Greene said this decrease is primarily due to the town’s anticipated completion of the 203 Project, a civic building under construction at 203 South Greensboro Street.  Despite the budget decrease, the town’s revenue increased 5.7% over last year due to property tax- and sales tax revenue increases, four percent of which Greene said the

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