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.

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,