The Financial Strategy Division's responsibilities include directing the planning, development, and execution of Cary’s annual operating and capital improvements 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 2026 Adopted Budget

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

The FY 2026 Adopted Budget document can be viewed here and 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 Council's mission and services. A call for applications is issued in January and applications are due March 1. The two applications for funding and Cary’s policies regarding each type of funding can be found below.