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Indian Trail council reviews FY27 budget kickoff, fund balance and capital priorities
Summary
Town staff presented a high-level FY27 budget and five-year forecast; councilors emphasized roads, a public works facility, parks and grants while staff warned that shrinking ARPA balances and lower interest will tighten revenue projections.
Town manager Adam Mclam opened a budget workshop by urging a collaborative discussion of the town’s priorities for fiscal year 2027, saying the presentation was intended to be a workshop rather than a one-way briefing. "At the end of the day, it is y'all's budget," he said, and asked council members to help shape what staff will later present as a formal recommendation.
Mclam reviewed a five-year forecast and explained that a spike in recent budget years was driven largely by one-time funds and high interest returns on large ARPA and state distributions. He said the…
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