Nick Halter

Rybak unveils budget with zero percent property tax increase

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Mayor R.T. Rybak on Sept. 12 announced that his 2012 budget wouldn’t raise the property tax levy, a move made possible by elimination 90 city jobs.

It’s the first time Rybak, in his 10 years as mayor, has proposed a budget without a property tax increase.

According to city analysis, about 65 percent of homeowners would have the city portion of their tax bill stay the same or decrease. Another 25 percent would see an increase of less than 2.5 percent. Only 41 homeowners would see an increase of over 5 percent.

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