City Council Proposes $88M Tax Budget for 2026 Operating and Capital Funds

The Ashland City Council convened on July 15, 2025, to discuss the tax budget and appropriations for the upcoming fiscal year of 2026. The primary focus of the meeting was to establish millage amounts necessary for the county auditor to collect property taxes, which will support the city's operations in 2026.

During the meeting, it was reported that the general fund is projected to take in and expend approximately $19 million. Additionally, special revenue funds are expected to total around $17.2 million. The council discussed plans to retire about $6 million in debt related to the fire station, wastewater plant, and utility infrastructure. There are also considerations for issuing additional debt, although these figures are still being finalized.

Capital improvement projects for 2026 are anticipated to reach at least $7.75 million, which will include a resurfacing program and utility installations aimed at better serving the community. The enterprise funds, which cover water, sewer, stormwater, and sanitation services, are projected to incur about $15 million in operating expenses.

Internal service funds, including income tax collection, are estimated at $21 million, while fiduciary funds, primarily for employee hospitalization premiums, will also be accounted for. The total budget for the city is projected to be approximately $88 million, with minor adjustments expected as final figures are confirmed.

The meeting concluded with a commitment to continue refining the budget details and ensuring that all financial aspects are addressed as the city prepares for the upcoming fiscal year.