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Government

Gilbert faces tight fiscal outlook for FY 2025–26 amid revenue losses, growth pressures 

The town of Gilbert is bracing for a difficult budget year as officials prepare the fiscal year 2025–26 spending plan.  

Town Manager Patrick Banger and Budget Director Kelly Pfost outlined the financial landscape at Gilbert Town Council’s April 22 study session, ahead of the May 20 preliminary budget adoption, citing steep revenue shortfalls, inflation and growing community needs. 

The proposed total budget for FY 2025-26 is $2.46 billion, up slightly from the previous year’s $2.3 billion. A final adoption vote is scheduled for June. 

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