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Cave Creek unveils preliminary $85 million FY2027 budget; residents press for more notice on town hall plan
Summary
Finance director Sherry White presented a preliminary FY2027 budget with about $85 million in resources and roughly $44 million in CIP spending; residents questioned notice and public engagement on a proposed town hall remodel and a $16 million placeholder for land acquisition.
Sherry White, Cave Creek’s finance director, presented the town’s preliminary fiscal year 2027 budget to members of the public, saying the town expects roughly $85,000,000 in resources available and is proposing estimated expenditures of about $79.6 million for the base budget, plus supplemental requests that lift the proposed total to about $80.4 million.
Why it matters: the budget sets the town’s spending cap under Arizona’s expenditure-limit rules and frames priorities for capital projects, utilities and public safety over the next 12 months. White told attendees the adopted budget becomes the town’s expenditure cap under the home-rule authorization voters approved in August 2024.
The FY2027 proposal groups spending into a base operating budget, supplemental requests and a capital improvement plan (CIP). White said the packet shows roughly $44 million in CIP projects, with the largest single program in the Cave Creek water fund (about $18 million, including $12 million for water…
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