Cary Council Work Session – June 11, 2026

The Cary, NC Council held a work session on June 11, 2026, primarily focused on finalizing the FY2027 budget. The council discussed scheduling adjustments for upcoming meetings and debated the duration and structure of work sessions, including the possibility of extending sessions when closed sessions are added. The bulk of the meeting centered on a detailed budget presentation by staff, highlighting the extensive engagement process since January, including public input and prioritization exercises. Key procurement-related discussions involved potential revenue increases through fees (electric vehicle charging, parks, and building permits) estimated to generate about $527,000, and proposed budget cuts totaling approximately $2.1 million, such as delaying a website overhaul and reducing funding for Chamber of Commerce events. The council also considered using fund balance reserves, up to $10 million, to fund one-time capital projects and reduce the recommended property tax rate from 37.75 to 36.75 cents per $100 assessed value, aiming for tax rate smoothing and predictability. A motion was made to use an additional half-penny from the fund balance to further reduce the tax rate to 36.25 cents, sparking discussion on fiscal prudence and future budget pressures. No final vote on the motion was recorded in the transcript. The council acknowledged the need for ongoing discussions about fund balance policies and long-term fiscal planning, especially regarding public safety funding and capital needs.