The city of Mankato is looking to collect 4% more in property taxes along with increasing city utility bills under a proposed budget that was presented Monday night at the city council meeting by City Manager Pat Hentges.
Under the suggested budget, the owner of a $203,000 home — would see city taxes rise $53. A $500,000 apartment building would pay $39 more and an $895,000 commercial/industrial building would see taxes fall $130.
Water and sewer fees are proposed to rise by about 36 cents per month.
The proposal also says that garbage and recycling fees would gradually rise over the next two years — $13.20 a year more in 2021 compared to 2019 for people using the standard mid-sized garbage cart.