Bismarck could see a 30% property tax increase next year
BISMARCK, N.D. (KFYR) - In a preliminary budget hearing the city of Bismarck was looking at up to a 30% increase in property taxes for the city.
The preliminary budget shows a loss of $1.3 million in state funding, meaning expenses could outpace the city’s revenue by $8 million.
Coming as a shock to commissioners who are working to cut down the predicted 19 mill increase in property taxes.
“I’m just gonna lay it on the table, I’m not going to support a 20 mill increase. So we have to go back, and find either some equipment or something that we’re not going to buy, or we have to do it incrementally. I get it, we have to maintain some stuff, but are we going to go to pick up garbage every other week rather than every week?” said Commissioner Greg Zenker, Bismarck.
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