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Carefree forecasts at least $700,000 general-fund surplus, eyes $12.5 million in operating spending
Summary
At a April workshop, town staff presented a conservative FY26 revenue forecast of roughly $8.5 million and an operating budget proposal of about $12.5 million, leaving a projected minimum general-fund surplus of $700,000 and a capital-reserve balance near $16 million.
At a Carefree Town Council budget workshop, town staff projected roughly $8.5 million in recurring revenue for the next fiscal year and outlined a program-based spending plan that totals about $12.5 million before grants and contingencies.
Town staff member Mister Neece told the council the forecast uses a five-year average for municipal sales tax to smooth volatility and avoid relying on a single-year peak. “So our minimum could be 2 or 3 times this number, but I'm projecting conservative wise, a $700,000 surplus within our general fund,” Mister Neece said.
Why it matters: the town's conservative revenue assumptions and large capital reserves are the basis for planned investments in aging infrastructure and public safety while keeping the statutory expenditure limit in view. Town…
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