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Minneapolis is staring down a money hole, and residents will likely be asked to pay for it through their property taxes next year. Downtown real estate is tanking, pandemic funds have dried up ...
The Hennepin County Board on Tuesday approved a 3.5% maximum property tax levy for 2022 and $1 million to fund an anti-hate initiative. The levy will fund $900 million of next year's $2.4 billion ...
This is the first Minneapolis City Council election since 2017 in which members are elected to the usual 4-year terms, rather than 2-year terms. In 2020, voters passed a ballot measure to elect council members to two separate, two-year terms in 2021 and 2023.
Minneapolis voters decided on a proposed $20 million increase to the Minneapolis Public Schools technology levy, raising it to $38 million over the next 10 years. The district aims to reduce reliance on its general fund for technology expenses. The tax increase would cost about $96 annually for a $350,000 home. [24]
The Mayor of Minneapolis, currently a position held by a member of the Minnesota Democratic-Farmer-Labor Party (DFL), operates alongside the city council. The mayor's role was previously considered relatively weak compared to some other U.S. cities, but following a charter amendment in 2021, the mayor gained more power and the council was reduced to purely legislative duties.
A tax levy is the legal seizure of your property to satisfy a tax debt or pay off back taxes you owe in full. This is not to be confused with a tax lien which is a legal claim against property to ...
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