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9 Q2 F I N A N C I A L H I G H L I G H T S FY 2026 C A RY, N O RT H C A R O L I N A F Y 2 0 26 2 N D Q U A R T E R R E P O R T F Y 2 0 2 6 Q 2 G E N E R A L F U N D E X P E N D I T U R E S FY 2026 ADJ BUDGET FY 2026 YTD ACTUAL % OF BUDGET FY 2025 YTD ACTUAL CHANGE FROM PRIOR YEAR ($) CHANGE FROM PRIOR YEAR (%) General Government $ 72.1 $ 32.6 45% $ 35.3 $ (2.7) -8% Public Safety 79.4 36.4 46% 35.2 1.2 3% Operations (PW & PRCR) 72.8 37.4 51% 36.9 0.5 1% Development & Infrastructure 20.9 8.4 40% 5.7 2.7 47% O P E R AT I N G E X P E N D I T U R E S 2 4 5 . 2 114 . 8 47 % 113 .1 1. 7 2% Nonoperating 53.7 27.1 50% 36.9 (9.8) -27% T O TA L G E N E R A L F U N D E X P E N D I T U R E S $ 2 9 8 .9 $ 141.9 47 % $ 15 0 . 0 $ ( 8 .1 ) - 5 % Overall expenditures in the General Fund decreased by approximately 5% compared with FY 2025. Operating expenses increased slightly by 2%, while nonoperating expenses declined by 27%. This decrease in nonoperating is largely due to reduced transfers needed to support capital investments during the year. Encumbrances represent funds set aside in Cary's financial system to cover approved purchase commitments. At the end of the second quarter, outstanding encumbrances totaled $17.9 million. After accounting for year-to-date expenditures and encumbrances, the General Fund has approximately $139.1 million in funds budgeted for operations for the remainder of the fiscal year. As outlined in the first quarter report, Cary's financial strategy for the current year continues to emphasize capital preservation, the strategic maintenance of existing investments, and the strengthening of fund balance levels. To support these priorities, staff is carefully monitoring departmental performance, operations, and capital expenditures throughout the year.

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