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Agenda - 03-12-2024; 2 - Request to Jointly Fund a Position to Support Black, Latinx, and Refugee Owned Enterprises
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Agenda - 03-12-2024; 2 - Request to Jointly Fund a Position to Support Black, Latinx, and Refugee Owned Enterprises
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3/7/2024 3:13:15 PM
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3/7/2024 3:19:17 PM
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BOCC
Date
3/12/2024
Meeting Type
Work Session
Document Type
Agenda
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2
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Agenda - 03-12-2024; Agenda for March 12, 2024 Work Session
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 03-12-2024 Work Session
Minutes 03-12-2024 - Work Session
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Path:
\Board of County Commissioners\Minutes - Approved\2020's\2024
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4 <br /> 104 South Estes Drive <br /> Chapel Hill,NC 27514 <br /> The Campaign <br /> p 919.967.7075 <br /> For a Greater Chapel Hill-Carrboro carolinachamber.org <br /> To support this new position, we are seeking multi-year financial support from the Town of Carrboro, Town of <br /> Chapel Hill, and Orange County. Both Chapel Hill and Carrboro have pledged support for the effort. Orange <br /> County's annual $30,000 investment will be allocated towards the total salary and programming costs <br /> estimated and outlined below. Our goal is to raise enough funds to support 5 years of funding for a full-time <br /> position. <br /> Draft Budget <br /> Salary $ 60,000 <br /> Health/Dental/Vision/Ret. $ 9,000 <br /> Prof. Development $ 2,000 <br /> Employee Cost $ 71,000 <br /> Programming $ 25,000 <br /> YEAR 1 COSTS (est.) $ 96,000 <br /> Year 2 $ 98,400 (2.5961 annual increases) <br /> Year 3 $ 100,860 <br /> Year 4 $ 103,382 <br /> Year 5 $ 105,966 <br /> TOTAL 5-YEAR COSTS (est.) $ 504,608 ($90,000 from Orange County and the rest from other sources) <br /> In partnership, <br /> "YIk� <br /> Aaron Nelson, IOM <br /> President & CEO <br /> The Chamber for a Greater Chapel Hill-Carrboro <br />
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