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<br />CCM Economics, LLC Orange County Tax Equity Page 13 <br /> <br />cities. Mebane has the lowest percentage of total government revenues deriving from these three <br />principal sources at 75% and Hillsborough has the highest at 84%. Chapel Hill and Carrboro are <br />at 82% and 80% respectively. <br /> Chapel Hill has a variety of dedicated funds that are outlined in Figure 11. These <br />include dedicated funds that are outside general government funds. For example, the town of <br />Chapel Hill provides transit services for the town of Carrboro, the University of North Carolina, <br />and the town of Chapel Hill. These services are funded from a variety of different sources <br />including federal and state grants, contributions from the towns of Carrboro and UNC, and <br />transit fares. The town of Chapel Hill contributes approximately 19% to the total transit funding, <br />with the town of Carrboro and UNC contributing 6% and 32% respectively, and federal and state <br />assistance at 19%. Furthermore, Hillsborough and Mebane have dedicated water and sewer <br />funds. In fiscal year 2015, this fund collected $10.391 million in revenue and had expenditures <br />of $9.907 million for the town of Hillsborough. These funds are collected from selling water and <br />sewer service to the residents and businesses of Hillsborough and some residents and businesses <br />a little outside of the town. Mebane collected $7.432 million and had expenditures of $5.528 <br />million. Carrboro also has dedicated funds for special revenues that finance projects such as <br />affordable housing and energy efficiency and a capital project fund that is used for capital <br />expenditures such as new fire trucks, storm water management, and sidewalks. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />50