NU City Council reduces 2026 levy to 7.36%
NEW ULM – The New Ulm City Council is looking at a possible final levy increase of 7.36% for 2026. This is down slightly from the preliminary levy increase of 8.16% set in September. New Ulm Finance Director Nicole Jorgensen said the reduction in levy came from two sources: an adjustment to health insurance payments and a correction to a city fund. The city will use funds from a health insurance trust to bring down the increased costs to health insurance over the next five years. A portion of this trust will be used each year through 2030. Jorgensen said the city also found an ...