News Story

The Town Manager submitted his FY 2025-26 Recommended Budget to the Town Council on March 20, 2025. The full budget packet can be found here.

The budget is one of the most significant policy documents considered by the Town Council. The FY 2025-26 Recommended Budget totals $682.7 million, with 52% of the total budget dedicated to building infrastructure. Major cost drivers include building facilities identified in the Master Plans of Police, Fire, and Parks; continued investments in critical transportation and utilities infrastructure; and additional staffing resources for the Police Department and other Town departments.

The Town Council will review the Recommended Budget at a public meeting on Wednesday April 16, 2025. Based on input from the Town Council at that meeting, staff will then prepare a Tentative Budget for the Town Council’s consideration on May 7, 2025. The Tentative Budget sets the maximum budget, or budget ceiling, for the next fiscal year. Approving the Tentative Budget is the required first step by state law. Once the Tentative Budget is approved, the Final Budget can go no higher; however, the budget can be reduced or re-allocated between programs and/or funds prior to adoption of the Final Budget.

The Town Council is scheduled to hold a public hearing and adopt the Final Budget on May 21, 2025.