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Ashland holds first hearing on 2026 tax budget; officials describe lean spending plan amid major capital projects

5119905 · July 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance Director Larry Paxton presented the first draft of Ashland's 2026 tax budget at a July 1 public hearing, describing a 'lean' budget that anticipates $95.37 million across funds and flags large upcoming capital projects that will strain city resources.

The Ashland City Council held the first public hearing on the 2026 tax budget on July 1, where Finance Director Larry Paxton outlined a preliminary, "lean" spending plan and described major capital projects that will test the city's finances.

Paxton said the tax budget sets millage rates and helps the county auditor calculate property-tax distributions. He described the draft as a starting…

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