City adopts 2017 budget

The mayor and City Council have approved a 2017 budget for the City. The $1.3 billion budget invests in public safety, including the addition of police officers and firefighters. It also provides funding to improve the City’s streets and parks, and advance racial equity throughout Minneapolis. 

The budget is a 7.7 percent increase over the 2016 budget and includes a 5.5 percent increase in the property tax levy. For a home valued at $203,000, the median property tax in 2017 will be $1,223. However, approximately 30 percent of all residential properties will see no increase in City property taxes.

2017 budget highlights:

Creation of a team to help small businesses succeed, and to lead a customer-service focus at the City that helps anyone who wants to invest in Minneapolis “get to yes.”

Published Dec 9, 2016