Tax rate and revaluation items in Town of Cary, between 3 Sep 2025 and 3 Sep 2026
14 items. Each one links to the meeting it was on. This is the bottom of every drill-down on this site: whatever a chart says, the items behind it are here to be counted.
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| Subject | Items |
|---|---|
| Tax rate and revaluation | 14 |
| Budget and appropriations | 12 |
| Fees and utility rates | 6 |
| Fire and EMS | 3 |
| Parks and recreation | 3 |
| Bonds and debt | 2 |
| Contracts and procurement | 2 |
| Land conversion and large development | 2 |
| Roads and transportation | 2 |
| Solid waste and recycling | 2 |
| Comprehensive plan | 1 |
| Housing and affordability | 1 |
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Speaker: Russ Overton, Town Manager’s Office Executive Summary : On May 14, 2026, Cary’s interim town manager presented the Fiscal Year 2027 Recommended Budget to Council at the quarterly meeting . Community input on the budget has been encouraged and reported throughout the year. A statutorily required budget public…
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The interim town manager's update.
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Staff presented the $573.5 million FY27 recommended budget, up 12.2% from the current year, including a 3.75-cent property tax increase, a $2 solid waste fee increase and a 4% utility rate increase.
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Speaker: Stacey Teachey, Town Manager’s Office Executive Summary : On May 14, 2026, Cary’s interim town manager presented the Recommended Fiscal Year 2027 Budget to Council at a quarterly meeting. N otification of public input opportunities was conducted through a variety of channels and included publishing articles i…
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Staff presented proposed cuts to the FY2027 recommended budget and possible additional revenue and cost-recovery options. Council discussed the lack of a consistent policy for in-kind town support of festivals, the mechanics of mid-year budget appropriations, whether to bring contracted services such as the website an…
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Staff presented the manager's recommended FY2027 operating and capital budget: a $329.7 million general fund, a property tax rate of 37.75 cents per $100 (a 3.75-cent increase), a solid waste and recycling fee rising to $28 a month, and a 4% utility rate increase. Staff described it as the largest public-safety invest…
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Speaker : Scot Berry, Town Manager’s Office Executive Summary: NP South Hills LLC has petitioned Council to create the South Hills Municipal Service District to foster the revitalization of an area that consists primarily of outdated and underutilized industrial, retail, and general commercial buildings. If created, a…
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Staff previewed Act 37 and Act 38, amendments incorporating the town's parks system plan and bike plan into the Imagine Cary comprehensive plan and land development ordinance, ahead of Thursday's public hearing. Staff also reported sales and property tax trends and briefed council on a rise in Wake County commercial p…
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Staff presented the second iteration of the fiscal year 2027 capital budget, now reduced to about $84 million from $138 million in initial department requests, and walked through funding-source restrictions, a roughly $40 million backlog of deferred 'not currently funded' projects, and a state law capping town crews a…
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Staff walked council through financial trends, including a fund balance ratio that has dropped from 57% in 2021 to 41% in 2025 and a revenue-neutral property tax model tied to the next property revaluation. Council then ranked roughly ten potential budget priorities, such as affordability, fiscal responsibility, servi…
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Speaker : Scot Berry, Town Manager’s Office Executive Summary: NP South Hills LLC has petitioned Council to create the South Hills Municipal Service District to foster the revitalization of an area that consists primarily of outdated and underutilized industrial, retail, and general commercial buildings. If created, a…
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Two council-initiated items, prompted by recent public concern over town spending and land purchases: one asked staff to review the town manager's spending authority, professional-development policy, budget-reallocation approval for special projects like land purchases, and senior-staff travel/spending review; the oth…
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Staff introduced the concept of a South Hills Municipal Service District, an additional tax on the roughly 44-acre South Hills redevelopment property to fund enhanced public improvements, ahead of a formal staff-report request expected in January. Staff also previewed the 2026 biennial citizen survey and gave a proper…
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II.C FinanceProperty tax collections held at about 99.9 percent, consistent with prior years. Total revenue rose 18 percent in FY 2025 over FY 2024, with a 36 percent increase attributable to an eight-cent property tax rate rise.
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