The town of Gilbert remains in a strong economic position as it prepares for a new fiscal year, but shifting revenue streams and upcoming policy decisions will require careful financial management, officials said.
According to Budget Director Kelly Pfost, Gilbert's revenue primarily comes from sales tax, state-shared income tax, and other sources, with sales tax accounting for more than 61% of total revenue.
However, this structure makes the town's financial health more susceptible to economic fluctuations compared to its peers.