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City presents FY 2026 proposed budget with millage cut, $41.8M CIP and staff additions
Summary
Finance staff presented the FY 2026 proposed budget on July 3, outlining a proposed millage reduction to 5.25, a $41.8 million capital improvement program and limited staffing and compensation increases; a public hearing is scheduled for July 17.
City finance staff presented the proposed FY 2026 budget to Canton’s mayor and council on July 3, describing a proposed property tax rate cut, a sizable capital program and limited staffing additions and compensation adjustments; council set a public hearing for July 17.
Finance presenter (identified in the packet as Mister Luckett) said the proposed budget is balanced, funds core services and proposes a millage reduction from 5.40 to 5.25 mills. The FY 2026 all‑funds budget is presented at about $94.7 million, with approximately $41.8 million…
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