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Regular Meeting

Town of Cary · Town Council
Thursday, February 5, 2026 at 6:30 pm · Council Chambers, 316 N. Academy Street, Cary Town Hall, Cary, NC 27513

Regular meeting Budget and appropriationsContracts and procurementFire and EMSParks and recreation

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Agenda items (12)

Procedural · 3Proclamation or recognition · 3Consent agenda · 3Presentation · 2Discussion item · 1
  1. 2.5.26 Regular Meeting Slides
    Procedural
  2. 1. Lunar New Year Proclamation
    Proclamation or recognition
  3. 2. Ramadan Proclamation
    Proclamation or recognition
  4. 3. 2025 Annual Comprehensive Financial Report (ACFR), Independent Audit Results, and Presentation of Annual Financial Results (Update)
    Proclamation or recognition Budget and appropriationsContracts and procurement
    Speaker : Kimberly Branch, Finance, and Lee Ann Watters, audit director from Cherry Bekaert LLP (auditors) Executive Summary : Each year, Cary prepares year-end financial statements to report on financial outcomes and to ensure accountability in the utilization of funds. Those statements are audited by an independent auditor, who then provides an opinion. The audited annual financial statements for the fiscal year ending June 30, 2025, indicate that Cary remains in solid financial condition. This report presents the financial section of the Annual Comprehensive Financial Report (ACFR) to Council and provides an opportunity for the external independent auditors to make required communication…
  5. 4. Manager's Update
    Presentation
  6. Slide from Manager's Update
    Presentation
  7. 1. Instructions for participating in Public Speaks Out
    Procedural
  8. 2. Public Speaks Out Registered Speakers and Submitted Comments
    Procedural
  9. 1. Minutes
    Consent agenda
  10. 2. Walnut Street Parking Deck Gravel Lot Improvements Amended Proposal
    Consent agenda Budget and appropriationsParks and recreation
    Speaker : Jimmy Simpson, Public Works Executive Summary: During the repair of the Walnut Street Parking Deck, Cary constructed a gravel parking lot for overflow and construction vehicle parking on adjacent property owned by Academy Park Commercial LLC. Per the amendment to the Downtown Development Project Agreement with Academy Park Commercial LLC approved by Council June 26, 2025 , Cary is permitted to maintain the gravel lot until a new building is constructed on that site, provided visual and safety upgrades are made. Should Cary not make improvements, per the agreement, the lot must be removed by Sept. 11, 2026. Council direction is requested as to whether to improve or remove the grave…
  11. 3. Adjustment to Adopted Meeting Schedule
    Consent agenda
    Speaker : Virginia Johnson, Clerk Executive Summary: The Council’s 202 6 Meeting Schedule was adopted In December 202 5 According to G.S. 143-318.12, changes to the adopted schedule should be announced in open session and posted to the website. Recommendation : Staff recommends the adoption of the adjusted meeting schedule as attached.
  12. 1. Fiscal Year 2026 Budget Adjustment to Restore Funding to the Employee Merit Program
    Discussion item Budget and appropriationsFire and EMS
    Speaker : Russ Overton, Town Manager’s Office Executive Summary: At the recommendation of Cary’s prior town manager, the fiscal year 2026 budget only funds Cary’s pay-for-performance employee compensation program at an average 3% merit-based increase, a 2% decrease from last year. Underfunding the merit program makes it difficult for Cary to offer competitive compensation in our regional market, and given the escalating cost of living in our area, along with the number of open positions and historically low staff-to-citizen ratios, the strain on many Cary employees is great. This staff report recommends restoring the merit program budget to a 5% average throug h a series of actions, includi…

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