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Carefree council adopts $2025–26 budget, reserves remain strong amid road projects
Summary
The Town of Carefree adopted Resolution 2025‑14 on the fiscal year 2025–26 budget after a public hearing in which staff projected a $700,000 to $2 million surplus, clarified reserve levels and explained capital spending plans for aging roads.
The Town of Carefree Town Council adopted Resolution 2025‑14 on the fiscal year that begins July 1, 2025, approving the town's proposed expenditures for 2025–26 after a public hearing and discussion of reserves, capital projects and potential grant funding.
Town staff presented the budget and told the council the town is in a strong fiscal position. “This is our budget dashboard. The Town's fiscal position remains very healthy with a projected operational surplus for this next fiscal year ranging anywhere between $700,000 to more than $2,000,000 depending upon the performance of our local sales tax and interest on the town's investments,” said Gary Neese, a town staff member who led the presentation. He added the town's capital reserves are sizable and the town continues to invest in aging infrastructure.
The hearing drew one public speaker, Helen Hong, who pressed the council on the size of the reserves and the town's ability to pay existing water‑related debt. “How are we…
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