North Kato sets .5% reduction in proposed tax rate for 2019, Tax Levy to total $6.9M

By |2018-09-18T13:50:13-05:00September 18th, 2018|

North Mankato is moving forward with a .5-percent reduction in the tax rate for 2019 and has set the proposed Tax Levy for next year at nearly 6.9-million dollars. Finance Director Kevin McCann says the Nicollet County Auditor updated the City on property values, which shows were higher than originally estimated.  "So we said, we could lower the tax rate even further based on that increase, but we decided to just go back to the half-percent, have a little extra cushion available for some projects that have come up with the extremely wet summer. With Pierce Avenue, with the sewer repairs there [...]