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AGENDA RECOMMENDATION       
Consent Calendar   6.E.
City Council Regular Meeting
Meeting Date:
11/10/2025

Agenda Item:

Resolutions establishing 2026 rates for Special Services District Parking and Maintenance.

Recommendation/Action(s):

Adoption of the attached resolutions.

Summary:

The City of Mankato manages and operates the Special Service Districts for Parking and Maintenance. Prior to staff recommendation to approve the annual budget and assessments, staff met with the property owners to review the budget and obtain input on October 23, 2025. Three (3) members attended the meeting with handouts provided and mailed to non-attendees. Topics presented and discussed included:

- Proposed parking district budget and assessments for 2026.
- Proposed maintenance district budget and assessments for 2026.
- 2026 planned maintenance items.
- 2026 planned capital projects.
 
Parking Cost per Stall 2001-2026
Year Cost Per Stall Year Cost Per Stall
2001 $10.00 2014 $9.89
2002 $10.00 2015 $9.80
2003 $10.00 2016 $10.00
2004 $10.00 2017 $9.91
2005 $11.00 2018 $9.86
2006 $11.35 2019 $9.80
2007 $11.75 2020 $10.24
2008 $10.54 2021 $9.94
2009 $6.89 2022 $10.48
2010 $7.13 2023 $12.05
2011 $6.85 2024 $13.84
2012 $7.66 2025 $14.36
2013 $7.95 2026 $14.00

Annual Maintenance Cost 2022-2026
Fiscal Year Base Budget  (Surplus)/Deficit Carry Over From Previous Years The Year Surplus/Deficit Applied From Total Revenue for Fiscal Year Fiscal Year Actual Costs (Surplus)/ Deficit
2022 $42,000 $(28,367) 2020 $13,633 $28,706 $15,073
2023 $43,000 $(27,689) 2021 $15,311 $44,168 $28,857
2024 $43,000 $15,073 2022 $58,073 $32,616 $(25,457)
2025 $49,000 $28,857 2023 $77,857 TBD  
2026 $52,000 $(25,457) 2024 $26,543 TBD  
 
Overview of 2026 Budget
  • The assessments proposed are $621,125 for the Parking District and $26,543 for the Maintenance District in fiscal year 2026.
  • The assessments will balance the Special Service District Budgets for fiscal year 2026.
  • The parking assessments will affect 49 different properties, and the maintenance assessments will affect 27 different properties.
  • City staff have reviewed the listed parcels and records to determine the appropriate land use as specified by Section 10.16 of the City Code.
  • All listed parcels will be assessed (unless otherwise noted) according to the apparent land use in effect as of September 2025.

Attachments