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Village of Cary approves FY2025–26 operating and capital budget; consent agenda passes
Summary
On April 1 the Village of Cary board approved the annual operating and capital budget for May 1, 2025–April 30, 2026, and passed the consent agenda. Staff said changes to the proposed budget included a revised TIF increment, additional capital grant dollars and a $21,000 increase to a water-tower painting project after bids came in higher.
The Village of Cary board on April 1 approved its fiscal year 2025–26 annual operating and capital budget and passed the evening’s consent agenda after brief staff updates and public comment.
The board voted to adopt the FY 05/01/2025–04/30/2026 budget after staff described three adjustments from the draft discussed March 15: an updated TIF No. 3 increment estimate that changed the transfer to the capital fund; additional grant revenue in the capital projects fund; and a $21,000 increase to a water-tower painting project after bids returned…
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