Budget & More

13th Ward News from Minneapolis Council Member Linea Palmisano
Visit us at www.minneapolismn.gov/ward13

November 26, 2014

Contact Information

Council Member Linea Palmisano
350 S. 5th St.
City Hall, Room 307
Minneapolis, MN 55415 612.673.2213

Emily Ziring, Senior Policy Aide

Ken Dahler, Policy Aide

The City's 2015 Budget

In August, Mayor Betsy Hodges proposed a budget for the City of Minneapolis for 2015, which leads to a City Council process to review and approve a final budget in December. The proposed $1.2 billion operating and capital budget for 2015 includes a 2.4% increase in the City’s portion of the 2015 property tax levy compared to 2014. Of the City’s total budget, only about 20% is funded through property taxes.

Depending on your property value, Minneapolis’ portion of your property tax may go up or down from 2014 to 2015 even though the City’s overall property tax levy is proposed to increase.

Mayor Hodges presents her budget at the Mayflower Church in South Minneapolis on 11/12. Photo credit: Eric Roper, Star Tribune