Hearing on tax increase set for Aug. 24 Posted in: News A tax rate of $0.56000 valuation has been proposed by the Canton City Council. The no-new-revenue tax rate, which is $0.48000493 per $100 valuation, is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for the City of Canton from the ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!