Frey pitches 11.3% Minneapolis property tax hike
Mayor Jacob Frey has proposed an 11.3% property tax increase to close a Minneapolis budget gap of more than $60 million, a move that would raise the average homeowner's bill by over $400 a year.[1]
At a Board of Estimate and Taxation hearing, homeowners told officials "We can't basically afford it" and urged more park funding, sometimes by cutting police as a tradeoff.[1]
City materials say each $1,000 in current property taxes sends $261 to central government services, $223 to police, $161 to the Park Board and $124 to capital debt service. The remainder is split among fire, public works and other agencies.
The City Council must finalize the budget and levy by the end of the year, leaving weeks for lawmakers to weigh cuts, alternative revenue or phased increases as residents press for relief.[1]
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📌 Key Facts
- Mayor Jacob Frey has proposed an 11.3% property tax increase to close a $60+ million Minneapolis budget gap.
- City materials say the average homeowner would pay more than $400 extra per year, roughly $30 per month.
- Each $1,000 in current property taxes sends $261 to central government services, $223 to police, $161 to the Park Board and $124 to capital debt service, with the rest split among fire, public works and other agencies.
- Residents at the Board of Estimate and Taxation hearing warned the hike is unaffordable for small homeowners and pressed for more park funding, in some cases by cutting police.
- The City Council must finalize the budget and levy by the end of the year.
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