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Canton Town board directs 2% cost-of-living raise amid warning of possible $1 million tax shortfall
Summary
At an April 8 special meeting, Canton Town leaders instructed staff to include a 2% cost-of-living adjustment in the proposed 2024–25 budget, heard a warning about a potential $1 million revenue loss connected to the Evergreen property, and reviewed funding gaps for flood projects.
The Canton Town Board on April 8 directed staff to include a 2% cost-of-living adjustment (COLA) in the proposed fiscal year 2024–25 budget, following a budget work session in which Deputy Tax Collector Wanda Lurvey warned of "a possible $1 million cut" in tax revenue tied to the Evergreen property and other personal-property adjustments.
Interim Manager Stinnett opened the board's second budget work session and said, "this years proposed budget was going to be focused on sustainability as we progress forward," framing the department presentations that followed. Finance Officer Natalie Walker reviewed revenue…
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