The Free Press, Mankato, MN

Local News

May 24, 2013

North Mankato sales tax nearly tapped out

Tax to be collected until 2020

(Continued)

NORTH MANKATO —

Harrenstein replied: “I wouldn’t say mortgaged, but, yes, it’s obligated.”

It’s also possible that the $100,000 budgeted in 2014 for the soccer fields is in jeopardy, he said.

Mayor Mark Dehen said the tax has accomplished what it set out to do.

Its biggest expenditure is $1.26 million in downtown redevelopment, not including $220,000 in business loans. The $1.26 million was spent on a downtown study, loans and grants to downtown businesses and the first phase of the Marigold project.

“The question is where do we go from there,” Dehen said. “We may need to look at reauthorizing those sales taxes into the future.”

House Majority Leader Paul Thissen said Thursday he was “open” to expanding that authority but was noncommittal.

That step would presumably require a referendum similar to the one that approved the North Mankato tax in 2007. Mankato’s local sales tax currently has authority to be collected until 2022.

 

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