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Scranton mayor proposes 2026 budget with no tax increase, highlights capital investments and potential Fidelity Building purchase
Summary
Mayor Cognedi presented the 2026 budget package to council, saying there is no proposed tax increase and emphasizing a new dedicated capital line for multi-year projects, interest earnings, and a one-time opportunity to buy the adjacent Fidelity Building for expanded public services and police space.
Mayor Cognedi told the City Council the proposed 2026 budget includes no tax increase and centers on maintaining city services while building a multi-year capital program. “There's no tax increase in this budget,” she said, and praised finance staff for managing interest earnings and operations.
The mayor highlighted the new, dedicated capital line that lets the administration show operating and capital investments side-by-side. She…
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