Mpls. Proposes Cuts To Stop Property Taxes From Rising

MINNEAPOLIS (WCCO) — Minneapolis Mayor R.T. Rybak and two city council members are proposing deeper budget cuts to keep people’s taxes from climbing even higher.

The proposal is to cut another $6.1 million of the proposed 2011 budget.

The three main areas targeted:

– $2 million to the Park and Recreation Board

– $1.4 million to the Public Housing Authority

– $1.1 million for Target Center capital projects

The mayor said this will mean a property tax increase of 4.7 percent instead of the 6.5 to 7.5 that’s been floated out there.

Rybak says the cuts will only be supported if the council agrees to two other proposals.

One is to freeze city employees’ wages for two years, and the other is to end the Neighborhood Revitalization Program, with that money going back into the tax rolls.

Comments

One Comment

  1. M says:

    “The mayor said this will mean a property tax increase of 4.7 percent instead of the 6.5 to 7.5 that’s been floated out there”.

    Don’t know about anyone else but by proposed property tax increase for 2011 was 17.6 percent in Minneapolis. Not 6.5-7.5. Where do they come up with those numbers? How much did your proposed property tax increase for 2011?

  2. M says:

    Wow 380,000 plus people living in Minneapolis, and only one comment on this article. Crazy. Oh I forgot, unless its something about the Vikings, Twins, Brett Farve, or the State Fair, people could mostly care less. Where the #@$& are peoples priorities theses days? Then people wonder why we are in this whole economic mess to begin with. Lame!

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