Gilbert town council OKs ‘tight’ $2.46B preliminary budget

Gilbert Town Council approved a $2.46 billion preliminary budget for the 2025-26 fiscal year last week, culminating months of discussions about the town’s financial future as it nears build-out.

The proposed spending plan includes 34 new full-time hires across numerous town departments, and $1.67 billion for capital projects such as water system improvements and parks, recreation and open space expansions.

Council also on May 20 unanimously voted to keep the town’s secondary property tax unchanged at 98 cents per $100 of assessed valuation…

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