After several meetings and public discussion, the Manhattan City Commission will hold a public hearing Tuesday to consider exceeding the revenue neutral rate before voting to finalize the 2026 fiscal year budget.

The budget includes a 1.35-mill increase, bringing it to 54.459, and increasing property taxes for the average Manhattan homeowner by 7.7% based on a 5% average increase in existing, single-family home valuations. For example, a homeowner who paid $610.75 in property taxes on a $100,000 home in 2025 would pay $657.59 on a home worth $105,000 in 2026.

The budget includes a 0.216-mill increase for the general fund, levying $489,386, which city commissioners intend to use to provide a 2.4% cost-of-living adjustment to city employees, excluding city administrators and department heads.

To view the full article visit theMercury.com.

Click here for more local news.

The post City commission to consider budget, totaling 7.7% tax hike for average homeowner appeared first on News Radio KMAN.

Comments

comments