City of Canyon Annual Budget and Annual Financial Report

The City of Canyon strives to provide a quality of services that the citizens of Canyon both deserve and expect while keeping within the adopted budget. The budget that is adopted annually is done so with consideration to the residents of Canyon in respect to their tax burden and the quality of life provided.

Work on the Annual Budget begins as early as January of each year for the Finance Director with Budget Work Sessions beginning in July.

The current budget and audit are available for viewing as well as a history of both.

Local Sales Tax for the City of Canyon is 8.25% and broken down as follows:

6.25% - State of Texas
1/2 cent - Canyon Economic Development Corporation
1/2 cent - Goes towards lowering the Property Tax Rate
1% - City of Canyon