City commission to consider budget, totaling 7.7% tax hike for average homeowner

City commission to consider budget, totaling 7.7% tax hike for average homeowner

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 homeown…