The city of North Mankato’s property tax asking is expected to decrease next year. North Mankato Mayor Mark Dehen says it’s an early Christmas gift to the town’s residents.

“We will be going down a full one percent this year,” said Dehen. “That means the property tax rate has decreased four and a half to five percent over the last five years.”

The North Mankato City Council is expected to finalize the 2020 budget at its meeting