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    You are at:Home»Local News»City to consider revenue neutral rate, lease agreement for downtown garage and Wareham incentives

    City to consider revenue neutral rate, lease agreement for downtown garage and Wareham incentives

    0
    By Brandon Peoples on July 12, 2025 Local News, Manhattan

    The Manhattan City Commission will consider several items when it meets Tuesday for its first legislative meeting in nearly a month.

    In a state-required step, city officials will consider a resolution to exceed the calculated revenue-neutral rate of 51.156 mills for the 2026 budget. That figure is the minimum required to generate the same amount of property tax revenue the city received in 2025, based on assessed valuations.

    The resolution sets a maximum mill levy rate of 56.109, 3 mills higher than the 2025 mill levy. As previously reported by The Mercury and KMAN, city staff proposed levying $2.5 million in additional property taxes in 2026, based on a total mill levy of 54.241.

    To view the full article visit theMercury.com.

    Click here for more local news.

    2026 mill levy city commission agenda downtown parking garage hcw parking lease hilton garden inn parking july 2025 city meeting Manhattan City Commission manhattan kansas budget manhattan kansas city hall manhattan kansas infrastructure manhattan ks tax abatement property tax increase manhattan ks revenue neutral rate wareham hall project wareham hall renovation
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    Brandon Peoples
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    KMAN News Director and host of In Focus. Contact Brandon at Brandon@1350KMAN.com

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