A quarterly report is prepared for the Town Council to provide regular updates on financials, key projects, events, and other operations. Cary’s fiscal year runs from July 1 through June 30. These quarterly updates support Cary’s rolling budget process, in which budget conversations happen between Council, staff, and citizens year-round. 

Fiscal Year 2026 First Quarter

Highlights from Q1 include:

• The Lazy Daze Arts and Crafts Festival, which drew 55,000 visitors downtown.
• A $400,000 donation from the Shane Pegram Family Foundation to renovate the Davis Drive Park playground.
• A Children’s Sensory Garden that opened at the Page-Walker Arts and History Center.
• Cary’s new FEMA flood rating, which could lower flood insurance costs for some citizens.
• Cary’s first Scam Jam and Senior Home Fair. 

Click the image above to view the full report