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Hamilton Township adopts 2026 tax budget, sets six-month carryover policy ahead of bond review for public works facility
Summary
Trustees approved the 2026 tax budget and a fund-balance policy to retain at least six months of operating expenses; staff said Moody's will review township finances as part of bond preparations for a new public works facility.
Hamilton Township trustees voted to adopt the township's 2026 tax budget and approved a fund-balance policy intended to keep a minimum of six months of operating expenses in reserve as officials prepare to issue debt for a new public works facility.
During a presentation, Mister Wright, who led the budget overview, said the tax budget is an annual estimate required by the state and described the township's revenue assumptions, differences between inside and outside millage and…
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