CARY – The Cary Village Board is set to give out $15,000 through its Community Grant Program this year, but a projected deficit for the next budget year could mean this is the last year for the program, Cary Village Administrator Jake Rife said.
The mission of the program is to fund nonprofit grant requests that provide cultural, recreational and youth or senior services that contribute to the quality of life in Cary, according to village documents.
Four nonprofits in the village asked for $25,000 in funding this year, according to village documents.
Proposed awards that were considered by Cary trustees at Tuesday’s Committee of the Whole meeting include $8,000 to the Cary-Grove Area Chamber of Commerce for Main Street Fest, $2,000 to the Cary Soccer Association for the 2017 Cary Soccer Memorial Tournament, $4,000 to the Rotary Club of Cary-Grove for the Cary Summer Farmers Market and $1,000 to the Cary 26 Education Foundation for the Cary Shuffle 5K.
Trustee Kim Covelli questioned the people requesting grants, some of whom were in the audience, on what exactly the money would be used for.
Cary-Grove Area Chamber of Commerce Executive Director Lynn Caccavallo said that even though the event was profitable last year, the chamber takes a great amount of risk hosting it because it could lose money if the event is rained out.
“The board would like to look into having a rainy day fund so when the weather is bad – and it will happen one of these years – all of our reserves aren’t blown out of the water,” Caccavallo said.
The Village Board is expected to vote on the grants at its next meeting, which will be at 6 p.m. June 20 at Cary Village Hall, 655 Village Hall Drive, Cary. Trustee Jeff Kraus asked for the grants to be considered separately because he feels the Cary Soccer Association should be asking for support from the Cary Park District rather than the village.
Last year was the first year of the program, and $30,000 in grant awards were given out, Rife said. The money comes from the village’s general fund, he said.
An expected $500,000 deficit in fiscal 2019 means the program money might be reduced again or eliminated, Rife said.
“I have informed some of the agencies there that this may be a program that may be cut this year just with the deficit that we’re expecting next year,” Rife said.