Detroit Mayor Mike Duggan presented his budget for the 2026 fiscal year, which will begin on July 1, 2025. Duggan is proposing an 8.7% overall increase in spending, which includes a $3 million reduction in debt millage and a reduction in property taxes for Detroiters.

Detroit Mayor Mike Duggan on Friday proposed a 3-mill property tax cut and boosts in spending for bus and homelessness services while presenting his $3 billion budget for the next fiscal year. Duggan told to City Council members that the millage reduction would mean a property tax cut of $150 a year for a $100,000 home in Michigan's largest city.

Now in his final year in office, Detroit Mayor Mike Duggan seeks to make a big dent in the city's notoriously high property taxes.

Mayor Mike Duggan presented Detroit's 12th balanced budget plan on Friday — his final as mayor as he sets up the city's finances for a yet-to-be-decided leader to take over next year. Why it matters: Duggan's successor will take the helm as the city grapples with changing financial realities: the end of $827 million in pandemic rescue funds,

Detroit Mayor Mike Duggan struck an optimistic tone as he presented his final proposed budget and four-year financial plan to the Detroit City Council.

Mayor Mike Duggan has presented his last proposed fiscal year budget and four-year financial plan to the Detroit City Council.