FY 2026-2027 Final Budget Adoption
Summary
The $37.7 million general fund budget balances with a $120,000 surplus and includes a 2.8% cost-of-living raise, with no new positions added. Departments cut contracts and moved work in-house to save roughly $1 million for projects.
At a glance
- Total mentions
- 5
- Last 30 days
- 0
Last discussed Jun 24, 2026.
Impact analysis
The budget balances with about $120,000 surplus and a 2.8% employee raise.
Town employees get raises; residents get services maintained without new spending bloat.
Property owners who would pay slightly more if the rate is held rather than lowered.
Mentions & discussions (5)
Payson Town Council - Regular - Jun 24, 2026
The council kept the town's property tax rate at .2855, so any increase on individual bills comes from county-set assessed values and new construction, not a council rate hike. Several members want to discuss eliminating the property tax next year, noting it affects renters and owners alike.
Payson Town Council - Special - Jun 10, 2026
Payson locked in next year's $106.6 million budget, a 16% jump largely because it includes $25 million to refinance pension debt. The money sets what services, road projects and staffing the town can fund through June 2027.
Payson Town Council - Regular - May 13, 2026
Council weighed raising the property tax rate for the first time in years versus holding or lowering it. Members signaled they want to keep the current rate of 0.2885 — worth about $41,000 more in revenue, which one member called 'budget dust' in a $97 million budget.
Payson Town Council - Work Study - May 5, 2026
The $37.7 million general fund budget balances with a $120,000 surplus and includes a 2.8% cost-of-living raise, with no new positions added. Departments cut contracts and moved work in-house to save roughly $1 million for projects.
Payson Town Council - Regular - Apr 22, 2026
The town manager reported the draft budget started $9.5 million short but now balances; departments present their budgets at a May 7 work session.
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