Accounting Information

 
Accounting

Budget
The Annual Budget can be found in the Finance Department’s Financial Documents section.

Purchasing Policies
The City of Canton requires a wide variety of commodities and services to help the City Departments serve the citizens of Canton. We depend on you, the vendors and contractors, to help us provide these services. The complete City of Canton Purchasing Policy is available at City Hall in the Finance Department.

Exempt Tax Status
The City of Canton is exempt from all Federal excise and State sales taxes and documentation may be found in the document center to the right. The City’s tax exempt number is E9996-9807-06 and expires December 31, 2014.


Taxes

Hotel/ Motel Occupancy Tax
The City of Canton collects a 5% hotel motel occupancy tax on all hotel or motel room rentals within the city limits of Canton.  A portion of monies collected for hotel motel room rentals is paid to other agencies, based upon request and approval by council.

Motor Fuel Tax
The City of Canton collects a per gallon motor fuel tax.  Motor fuel taxes collected by the City are deposited into the Motor Fuel Tax Fund to be used for road construction projects within the city limits of Canton.

Property Tax
Property taxes are assessed in December each year and attach as an enforceable lien on the property as of January 1. The taxes become collectible in June and September and are collected by the Fulton County Treasurer who in turn remits to the respective taxing body their share. Fulton County Supervisor of Assessments Rick Regnier determines the assessed valuation of property within Fulton County.  The assessed valuation approximates 33 1/3% of the fair market value of the property.

 Property Tax Hostoric Information