Tax rate to stay stable in 2019, Mankato to gather $957,000 in new money from property value increases

By |2018-09-17T15:24:06-05:00September 17th, 2018|

The City of Mankato continues to see growth, which has turned into additional funds for budgeting purposes, but the City Council is aiming to keep the tax rate flat for the eighth consecutive year. The preliminary Property Tax Levy in 2019 is proposed at nearly 19.8-million dollars, with a stable tax rate at 43.88. With an increase in property values and new construction, the City will collect 957-thousand dollars in new money increasing the levy by about 5-percent, according to City Manager Pat Hentges. "There is some concern that maybe this year we saw a trend that new construction slowed down [...]

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Blue Earth County to spend $1.6M over next three years to upgrade Tax System

By |2018-07-12T14:57:20-05:00July 12th, 2018|

Blue Earth County is investing in a new Tax System that will cost a total of 1.6-million dollars over the next three years for services and software that Officials say will lead to savings due to functional efficiencies. Director of Taxpayer Services Mike Stalberger says the public will see the greatest benefit from the new tax system. Director of Taxpayer Services Mike Stalberger. "They'll be able to receive all of that information, still in a very nice concise format. Then it's also gonna really benefit our staff. We can look at our processes that we currently have in place [...]

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North Mankato sets up revenue fund for Caswell Sports to track operations

By |2018-04-17T12:15:20-05:00April 17th, 2018|

North Mankato is establishing a special revenue fund for the Caswell Sports Complex, a move Officials say will help serve as a tool for the public and city to understanding operations at the growing facility. Since its inception in 1985, Caswell has mainly hosted summer events but operations have expanded to aid in putting on winter events such as the Anthony Ford Pond Hockey Tournament. City Administrator John Harrenstein say they are aiming for Caswel Sports to operate on its own.  "We will continue to anticipate some type of general fund support for the park in the future. I think that [...]

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