City HallTuesday, November 3
North Mankato's council is ready to propose a 2.75% property tax rate increase for 2027
The Daily Mankato team
If you own a home in North Mankato, here's your 2027 number. The council is prepared to propose a 2.75% rate increase. The 2027 levy would be $11,521,700, up $1,294,700, or 12.66%, from 2026. Finance Director Jessica Ryan wrote that it's important to distinguish between the levy increase and the tax-rate increase, and she pointed to the city's growing tax base.
The estimated yearly increase grows with home value
Source: keyc.com
View as table
| Value | |
|---|---|
| $210,000 home | $47 |
| $305,000 home | $74 |
| $400,000 home | $103 |
| $504,000 home | $130 |
The money would go to maintenance and staffing, including rooftop HVAC units for city hall and a fire station, tasers and body cameras for police, and a plow truck. Not everyone's sold on every cut. At Monday's meeting, resident Barb Church pushed back on dropping cleanup events from two a year to one. Council members discussed keeping both with shorter hours.
- Street bids: Range Street and North River Drive, nearly $3 million estimate
- Deer: council approved urban removal of up to 20
- Staffing: a part-time finance department position is in the proposal
North Mankato's budget decisions come in December
- Nov. 21North Mankato begins accepting bids for Range Street and North River Drive work.
- Dec. 7Truth in Taxation public hearing on the proposed levy.
- Dec. 21Final budget and levy adoption.
Sources: Mankato Free Press, keyc.com
Sources: Mankato Free Press, keyc.com