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Canton presents FY2026 proposed budget with millage cut and $41.8M capital program
Summary
City staff presented the FY2026 proposed budget including a proposed property tax cut from 5.40 to 5.25 mills, a balanced all‑funds budget of about $94.7M, roughly $41.8M in capital investments and planned public hearings on July 17 and adoption August 7.
Canton’s finance director presented the proposed FY2026 budget on July 3, outlining a plan the city calls both balanced and designed to deliver a property tax reduction while funding a substantial capital program.
Ryan Luckett told the council the proposed budget includes a reduction in the millage rate from 5.40 to 5.25 mills (a net tax cut rather than a rollback adjustment), which officials said will allow the city to…
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