# Cary Council Quarterly Meeting – November 5, 2026

Cary Council’s quarterly meeting on November 5, 2026, included first-quarter financial updates and discussion of transit service options, development activity, and legislative changes. Finance reported that the General Fund had received about 11% of budgeted revenue and spent 28% of its budget through September 30; the Utility Fund had received 19% of revenue and spent 10% of its budget, with a 4% utility rate increase in effect for the year. The town also placed approximately $220 million in available funds into longer-term Treasury and agency investments while retaining liquidity for operations. Finance reported on the revised delegation-of-authority process requiring council reporting of contracts and agreements over $300,000: 14 council-approved contracts, including one capital contract, and assistant-manager approvals comprising 16 operating contracts, four capital contracts, and two real-estate agreements. No individual contract awards, vendors, or contract values were identified. Finance said procurement-related policies and procedures were being updated following audit recommendations, and the Oracle Fusion Cloud utility-billing project was in progress, with implementation work targeting spring.

Council discussed repurposing existing Go Cary service hours for potential pilot routes in Districts C or D, including the funding limits and the need for further ridership and schedule planning; the transcript records no council direction or vote selecting a route. The meeting also included updates on capital projects and development, but no specific capital-project award or purchasing approval was reported. The only recorded vote was to enter closed session; no procurement motion or spending approval was identified.

**Jurisdictions:** sled
**Industries:** Information Technology, Construction & Infrastructure
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** November 05, 2026

### Sources
- [Cary Council Quarterly Meeting – November 5, 2026](https://www.youtube.com/watch?v=lvpt87qJAgE) - Cary, NC