NOTICE: Interim Town Manager Russ Overton presented his FY27 Recommended Budget to Council at the May 14 Quarterly Meeting, and public hearings were held on May 28 and June 11. Any changes to the recommended budget will be voted on in conjunction with the entire budget at the regular Council meeting on June 25.

Share your feedback on the budget any time by contacting 311. Select "Budget Input" in the dropdown for Request Type.

The Financial Strategy Division's responsibilities include directing the planning, development, and execution of Cary’s annual operating and capital improvement budgets. Budget functions also include Council goal-setting, funding source identification, revenue and expenditure forecasts, and all projects, such as performance measurement and operational studies.

FY 2027 Recommended Budget

The FY 2027 Recommended Budget was presented to Town Council on May 14, 2027 and covers the period from July 1, 2026 to June 30, 2027.

Download the FY 2027 Recommended Budget

The FY 2027 Recommended Budget includes the following:

  • A property tax rate of 37.75 cents per $100 of assessed value— an increase of 3.75 cents
  • A solid waste and recycling fee of $28 per month — an increase of $2 per month
  • 4% overall utility rate increase applied to the base charge — about $3.08 per month increase for a typical household

The Recommended Budget:

  • Includes an historic commitment to public safety
  • Invests in new capital projects
  • Maintains existing infrastructure

Public hearings on the Interim Town Manager's Recommended Budget were held on May 28 and June 11. Share your feedback on the budget any time by contacting 311. Select "Budget Input" in the dropdown for Request Type.

Changes to the recommended budget will be voted on in conjunction with the entire budget at the regular Council meeting in the Council Chambers on June 25.

FY 2026 Adopted Budget

The FY 2026 budget was adopted by the Town Council in June 2025 and covers the period from July 1, 2025, to June 30, 2026.

Download the FY 2026 Adopted Budget

The FY 2026 Adopted Budget includes the following:

  • A tax rate of $0.34 and a solid waste fee of $26 per month
  • Includes a 4% utility rate increase
  • The budget acknowledges the increasing demands of an aging infrastructure, the need to sustain our high-performing workforce, and the persisting pressures of inflation.

Learn more about how the annual budget is developed.

Budget Archive

Budgets for years prior to FY 2021 may be obtained by dialing 3-1-1 in Cary, (919) 469-4000 outside town limits, or by submitting an online request.

Nonprofit Funding

Cary provides funding to nonprofit 501(c)(3) organizations as part of its annual budget process. Organizations can apply for general nonprofit funds or cultural arts funds. To be eligible for funding, an organization must promote, provide, or support services in Cary that support the Council's mission and services. A call for applications is issued in January, and applications are due March 1. The two funding applications and Cary’s policies for each type of funding are available below.