UNC, Town Strive to Maintain Fiscal Equity
By Katie Davis | May 1Despite a growing university and shrinking town budget, Chapel Hill officials say the fiscal equity relationship between UNC and the town will remain strong. The fiscal equity agreement involves services, namely fire management, provided by the town for the University. Chapel Hill receives $800,000 from the state to provide fire management for the University, but town officials say this amount doesn't cover the entire cost of the city-provided services. The town provides these services free of charge to the University and also waives property taxes on land the school owns, as manda